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Carlsbad Real Estate Market Report - January 2009

The Carlsbad real estate market continues to evolve, and the statistics for January show a number of changes since December of 2008. 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. 
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local Carlsbad real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller.
In January 2009 there were 57 homes sold in Carlsbad's 4 zipcodes, as compared to 85 for December (a 33% decrease in sales). Here's the breakdown of overall activity. 
The number of sales was dramatically less than in December. This is not surprising given that with the holidays sales activity would be expected to decline; the homes that went under contract in December are the ones showing as closed deals in January. 
At the end of January 2009 there were 563 Carlsbad homes for sale (366 detached, priced from $239K up to $10.8 million, and 197 attached homes, priced from $130K to $3.5 million), an increase of 8% ... more

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