Carlsbad Real Estate - Carlsbad Real Estate Market Report for December 2009

By
Real Estate Agent with Solutions Real Estate CA DRE #01490977

Carlsbad real estate market report header

The Carlsbad real estate market continues to shift, and the statistics for December show a number of changes from the prior month. These data do not include any private sales nor manufactured/mobile housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE:  Carlsbad Village by the Sea 

Media reports speak in general terms, so their information may not represent the reality of our local Carlsbad real estate market. Having data, and knowledge, about the local market conditions benefits you as the buyer or seller so you can make informed purchase and sale decisions. 

In December 2009 there were 113 homes sold in Carlsbad's 4 zipcodes, that's a 14% jump over November. Here's the breakdown of overall activity. 

 

TOTAL HOMES

Detached

Attached

Number

113 (up 14%)

72 (down 3%)

41 (up 64%)

Days on Market

70

73

66

Average Sales Price

$548,201 (down 11%)

$665,099 (down 7%)

$342,918 (up 7%)

Average Sale$ / List$

97%

97%

98%

The total number of sales rose significantly from the previous month (mostly due to a big increase in attached home sales) with average days on marketing also increasing.

There were 95 properties (21% of the total) in Carlsbad at the end of December with the CONTINGENT status (i.e., homes with offers being reviewed for approval by short sale and REO lenders), 11% less than November.

The overall inventory in the Carlsbad real estate market for the end of December (457 homes) was down 9% from last month. This represents an inventory of only 4 months for attached homes (down from 4.2 months in November) and 3.4 months for detached (compared to 3.9 months in November) based on the current rate of sales over the last 6 months.

READ MORE: How Important is Inventory when Buying or Selling? Very!!

In December the number of new homes coming on the market increased from the prior month; 128 new homes hit the market, up 13% over November.  In contrast 22% fewer homes went pending (85) as in the prior month.

This overview of the Carlsbad real estate market is based on information provided by the MLS. More details can be provided with regard to current activity as well as within the specific zip codes of Carlsbad.

Stay tuned for the 2009 Year End Update!

READ MORE:

Carlsbad Real Estate - Carlsbad Real Estate Market Report for November 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for October 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for September 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for August 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for July 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for June 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for May 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for April 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for March 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for February 2009

Carlsbad Real Estate - Carlsbad Real Estate Market Report for January 2009

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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.

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All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits

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Melissa Zavala
Broadpoint Properties - Escondido, CA
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Another great example of a market data post. Okay, I think I'm figuring it out now.

Jan 05, 2010 01:07 PM #1
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