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Carlsbad Real Estate Market Report - October 2008

The Carlsbad real estate market continues to evolve, and the data for October 2008 show a number of changes from September. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.
Because the media reports speak in general terms, rather than local, the information you hear in the media may not represent the reality of our local market, so having data from a knowledgeable agent about your local market conditions benefits you as the buyer or seller. Don't hesitate to ask for more information on the San Diego real estate makret  that interests you.
In October 2008 there were 100 homes sold in Carlsbad's 4 zipcodes, as compared to 101 for September. Here's the breakdown of overall activity.
The number of sales was essentially the same as for September (as well as for August). However the average price of detached homes dropped 9%, and also dropped 7% for attached homes.
At the end of October 2008 there were 646 Carlsbad homes for sale (434 detached and 212 attached homes), a drop in inventory from September by 2%. This represents an inventory of ... more

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