Carlsbad 92010 Real Estate Median Home Price Drops 110K from 2005 Peak

The Median home price in Carlsbad zip code 92010 for the first quarter of 2008 is $550,000 from the sold homes in SANDICOR. This is $110,000 lower than the peak Carlsbad 92010 median home price of $660,000 in 2005. It is $94,500 less than the median price of 2007 - last year. This drop in median home price is equal to some of the hardest hit areas of San Diego for losing home values. In the first quarter of 2008 which includes January, February, and March and there were 14 homes that sold in that 3 month period. The lowest priced sold home was $275,000 on Don Lorenzo Drive and was a 55+ mobile/manufactured housing. The highest priced sold home was $835,000 on Terrace Place in Calavera Hills.

The homes in escrow while doing this report in early May of 2008 show 14 homes in escrow. The median list price for homes in escrow is $575,000. With homes usually selling below list price in this real estate market these prices show the same low median mark. Some of these Carlsbad homes in escrow are bank foreclosures and short sales. Carlsbad homes currently on the market in the San Diego MLS show 58 homes for sale in the 92010 zip code in early May 2008. If you're thinking about buying or selling a home or condo in Carlsbad make sure you call us to find out important information on the Carlsbad Real Estate Market.

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All information is believed to be correct but not guaranteed.

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