Let's examine the Carlsbad real estate market. The single family homes at Brookfield in Carlsbad California's 92009 zipcode offer a wonderful opportunity for buyers in the under $500K price. Indeed, Brookfield may be one of the most affordable communities of detached housing in Southern Carlsbad, with homes well below the average price of a Carlsbad home in today's market.
I wrote the original article about Brookfield some time ago (2007), and wanted to provide an update on pricing, given the market changes in the last couple of years.
READ MORE:
Carlsbad Real Estate - Brookfield - An Attractive Residential Community near San Marcos
Brookfield is a smaller subdivision built in the late 19802 and early 1990s so it is well established with lots of mature trees and vegetation; many of the homes are under 2000 SF with 3 bedrooms. There are several small community parks and a couple of swimming pools. Resident children attend the San Marcos Unified Schools. Shopping and dining are within 15 minutes, although new stores have opened up less than 10 minutes away of Rancho Santa Fe Road (Henry's Market, CVS) with the La Costa Towne Square to be built about 2 miles away.
Currently there are 3 Brookfield homes on the market priced from $476,000 to $499,000 ranging in size from about 1600 SF up to around 1900 SF (average price/SF is $273/SF); one of these is a short sale.
There are 2 homes pending (both of which are short sales - good to see that they ARE pending and not still waiting for approvals).
12 homes have sold in the last 6 months in the Carlsbad real estate market at Brookfield, ranging in price from $360,000 to $525,000 (twice the number selling during the first 6 months of 2007 when the original article was written). These homes sold at an average of $463,416, about 21% less than back in 2007. Of these 12 Brookfield home sales, 5 (42%) were distress sales - 3 REOs and 2 short sales.
The Carlsbad real estate market offers some great opportunities, with the single family homes at Brookfield being some of the most affordable detached housing. Need more information about other Carlsbad communities? Just let me know.
********************************
If I can provide more information about Carlsbad real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2009 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
