Carlsbad Real Estate Market Report for August 2011

Carlsbad homes for sale - Homes for Sale in Carlsbad CA

The Carlsbad real estate market continues to shift, and the statistics for August show a number of changes from last month. These data do not include private sales or manufactured/mobile housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

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Media reports speak in general terms, so their information may not represent the reality of our local Carlsbad real estate market. Having data, and knowledge, about the local market conditions benefits you as the buyer or seller so you can make informed purchase and sale decisions. 

In August 2011 there were 127 Carlsbad homes sold (4 zipcodes), 2% more than in July. Here's the breakdown of overall activity. 

 

TOTAL HOMES

Detached

Attached

Number

127 (up 2%)

89 (up 5%)

38 (down 7%)

Days on Market

72

70

77

Average Sales Price

$582,524 ( up 1%)

$659,051 (down 6%)   

$403,289 (up 27%)

Average Sale$ / List$

97%

97%

96%

The number of Carlsbad home sales rose again but only modestly, with average sale prices showing modest decreases for detached homes but a significant jump in average sales prices for attached homes.

There were 102 properties (13% of the total) in Carlsbad at the end of August with the CONTINGENT status (i.e., homes with offers being reviewed for approval by short sale and REO lenders).

There were 798 Carlsbad Homes for sale at the end of August, the second decline in inventory following, by 4%. This represents an inventory of 6.9 months for attached homes (down from 7.4 months last month) and 5.6 months for detached (down from 6.4 last month) based on the current rate of sales over the last 6 months.

READ MORE: How Important is Inventory when Buying or Selling? Very!!

In August the number of new homes coming on the market rose, with 210 new listings (up 6%) hitting the market.  The number of homes going pending declined slightly, by 2%, to 124 from July pendings.  

This overview of the Carlsbad real estate market is based on information provided by the MLS. More details can be provided with regard to current activity as well as within the specific zip codes of Carlsbad.

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Carlsbad Homes for Sale: Carlsbad Real Estate Market Report for July 2011

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Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for April 2011

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for March 2011

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for February 2011

 

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If I can provide more information about Carlsbad homes and real estate for sale and surrounding areas, the housing market in general (or locally), or otherwise assist you, friends or family in a home search or sale, please contact my mobile office or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com

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3 Comments on Carlsbad Homes for Sale - Carlsbad Real Estate Market Report for August 2011

SEP
05
2011
394,555 Points 22 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Great market report Jeff... Hope you have an awesome Labor day!! :)
2:28pm • #1
696,172 Points 39 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Jeff - Like Stacey said... Terrific market report. We love to see what's going on on the other coast. Have a great Labor Day
3:19pm • #2
989,504 Points 49 Featured Posts Outside Blog Called Shot Master

Jeff - I beat some people will be surprised that the average sales price of an attached Carlsbad home has gone up 27%, that's an incrediable number.
9:55pm • #3


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