Year-End 2016 Market Report for Carlsbad CA
Here is my 2016 year-end market update for Carlsbad in the video below, including some useful links for homebuyers and sellers.
READ MORE ABOUT CARLSBAD:
You can read more of the details from this Carlsbad 2016 market update below the video. Don’t forget to check out some useful links in the video itself or use these links (Search for Homes, Home Buying Tips and Advice [video series], information about my Homes for Heroes Program).
2016 Housing Market for Carlsbad:
1070 detached single family homes sold in 2016 (down 9% from 2015)
712 attached homes sold in 2016 (up 1% over 2015 sales)
The Average sales prices for the 2016 were $950,658 for single family homes (up 6%, and up 11% over the 2014 average) and $495,840 for attached (up 11% and up 21% over 2014 average prices).
Prices for detached single family homes sold in 2016 ranged from $406,000 to $3.4 million. Attached homes (including townhomes, twin homes and condos) ranged from $200,000 to $4.2 million for an oceanfront condo near the Village.
The Median Price for a single family home in Carlsbad in 2016 was $865,000, up 5% from 2015 and 10% from 2014; for attached homes the Median Price was $455,000, up 11% over 2015 and 16% over 2014.
18% of the single family detached homes sold for cash, while 27% of the attached homes did, about the same as in 2014.
Detached and attached homes sold, on average, at 97% of the asking price, the same as in 2015 and up slightly from 2014. While buyers negotiated their prices down below asking prices, there were plenty of homes sold at and above the asking price.
Check out the December 2016 Carlsbad housing market report for more details.
If you would like more information about the Carlsbad housing market in general, or regarding specific neighborhoods or zip codes, and would like to discuss your housing wants, needs and budget, let’s set a time to talk!
Call me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com to find out how I can help you with your Carlsbad home purchase or sale in 2017!