Year-End 2016 Market Report for the 92009 Area of Carlsbad
2016 was a relatively busy market, with some shifts from the 2015 housing market activity. The 92009 area covers the area South of Palomar Airport Road and east of El Camino Real, including La Costa (La Costa Ridge, La Costa Greens, La Costa Valley, La Costa Oaks), Bressi Ranch, La Costa Meadowridge, Brookfield and other communities, with a mix of attached (condos, townhomes, twinhomes) and detached single family homes.
Here's an aerial tour of the Bressi Ranch community.
SINGLE FAMILY DETACHED HOME SALES IN 92009
476 single family detached homes sold in 92009 in 2016, 18% fewer than in 2015. The average sales price was $988,625 (range of $515,000 to $2,200,000; median price of $903,750, up 3% from 2015 and 10% from 2014), an increase of 4% from 2015, and up 10% from 2014 average sales prices.
Homes in 92009 sold just slightly more quickly in 2016 than in 2015; average marketing time in 2016 was 34 days versus 35 in 2015. Homes sold for 97% of asking price on average, but with 24% of the homes selling at list price or above. 16% of the home sales were cash transactions.
2017 CURRENT ACTIVITY AS OF JANUARY 17
Currently there are 63 single family detached homes for sale in the Carlsbad 92009 area. These homes range in price from $585,000 to $2,795,000 (median price is $1,199,000), and have been on the market an average of 66 days. There are 47 homes that are pending, with listing prices ranging from $549,000 to $1,839,000. Some of the higher-priced La Costa homes have beautiful view of La Costa, the Omni La Costa Resort and Spa, the Batiquitos Lagoon and the ocean beyond depending on location on the La Costa hills.
If you would like more detailed information about the local real estate market conditions in the 92009 area, or are interested in exploring the housing options in your budget and other criteria, please contact me at (760) 840-1360 for a personal consultation.
You can search for homes for sale in the Carlsbad 92009 area, or all Carlsbad inventory, by clicking on the links below.