Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for March 2011

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

Carlsbad Real Estate Market Report for March 2011

Carlsbad Homes for Sale - Homes for sale in Carlsbad

The Carlsbad real estate market continues to shift, and the statistics for March 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 

101 Things to do In and Around Carlsbad

Carlsbad California and Historic Route 101 - The Coast Highway

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 March 2011 there were 116 Carlsbad homes sold (4 zipcodes), 36% more than in February. Here's the breakdown of overall activity. 

 

TOTAL HOMES

Detached

Attached

Number

116 (up 36%)

82 (up 37%)

34 (up 36%)

Days on Market

75

54

59

Average Sales Price

$600,853 (up 2%)

$718,001 (up 3%)   

$318,320 (down 6%)

Average Sale$ / List$

 

97%

96%

96%

The number of sales rose by 36%, with average prices overall changing slightly.

There were 95 properties (13% of the total) in Carlsbad at the end of March with the CONTINGENT status (i.e., homes with offers being reviewed for approval by short sale and REO lenders), 5 more than last month.

The overall inventory in the Carlsbad real estate market for the end of March (728 homes) rose for the 3rd time in a row in 6 months, by 9%. This represents an inventory of 7.6 months for attached homes (up from 7.1 months last month) and 6.3 months for detached (up from 5.9 months last month) based on the current rate of sales over the last 6 months.

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

In March the number of new homes coming on the market rose, with 258 new listings (up 36%) hitting the market.  The number of homes going pending also increased, up 15% (136 pendings).

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.

 

Search for Carlsbad Homes for Sale

 

READ MORE:

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for February 2011

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for January 2011

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for December 2010

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for November 2010

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for October 2010

Carlsbad Homes for Sale | Carlsbad Real Estate Market Report for September 2010

 

  

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
California San Diego County Carlsbad
Groups:
Posts to Localism
CALIFORNIA REAL ESTATE
Market Updates
SAN DIEGO Real Estate Agents & Loan Officers
Local Expert
Tags:
carlsbad real estate
carlsbad homes for sale
market reports
homes for sale in carlsbad

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
535,255
Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Jeff - looks lovely! Lots of luck. Gay

Apr 04, 2011 06:36 AM #1
Ambassador
3,678,450
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Jeff, your photo makes Carlsbad look like a magical place to live.

Apr 04, 2011 09:51 AM #2
Ambassador
4,013,782
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Gay - thanks

Pat - and it IS, IMO.

Jeff

Apr 04, 2011 12:47 PM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
4,013,782

Jeff Dowler, CRS

The Southern California Relocation Dude
What's my Carlsbad CA Area Home Worth??
*
*
*
*
Spam prevention

Additional Information