Home Prices in Carlsbad CA 92008 for March 2016

By
Managing Real Estate Broker with Coast & Country Homes and Estates, Inc. BRE# 01424120

Home Prices in Carlsbad, CA 92008  for March 2016


Real estate market report for Carlsbad, CA provided by Jill Moog of Coast & Country Homes and Estates, Inc.      For more information call 760-622-6261.

 

                           
Carlsbad Home Prices                              Carlsbad house 3

 

 

After several years of steady price increases on home prices in Carlsbad CA, the market is still going strong as we enter into the 2016 Spring/Summer selling season.  If you are considering selling your Carlsbad CA home, your timing could not be better.  The Realtors Association said 2016 could be the Golden Year for Real Estate. Prices are the highest they have been in 9 years. In many Carlsbad neighborhoods,  prices have actually surpassed their previous peak - before the Great Recession. 

 

This month, the average sales price for a Single family detached home in Carlsbad CA 92008 is $943,398.

 

Don’t wait on the sidelines too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are selling for close to the asking price. Setting the correct listing price is a bit of an Art. Price it too low and you leave money on the table, price it too high and it can linger on the market and become stale, leading to a lower selling price. To make sure your home is priced properly, you'll want to have an experienced Carlsbad real estate agent that does a thorough market analysis of your Carlsbad home.

If you are interested in how much current inventory is available in Carlsbad CA 92008 you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Carlsbad, homes have a median time of 26 days on the market before an offer is accepted. This would suggest that buyers are in a great position to make an aggressive offer on your home.

 

Sellers should make sure to price their home near the market value if they expect to get a serious offer from one of those interested buyers. The current low inventory in Carlsbad has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines. But low inventory is one indicator that prices may continue to rise. 

 

 Local Market Update for March 2016 - CARLSBAD CA - 92008.

 

Market Report for Carlsbad 92008 

Real Estate Report Summary for March 2016                               

Carlsbad 92008 

Single Family Homes

Active Listings = 41

Pending Listings = 13

Sold Listings = 16

 

Average Days on Market before accepted offer is 24 days.

                               High      Low     Average   Median

DAYS ON MARKET:
95
2
24
15

 

Sold prices range from $585,000 to $1.650,00

LIST PRICE:
SOLD PRICE:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE
$1,795,000
$599,000
$936,153
$802,000
$16,850,760
$1,650,000
$585,000
$926,354
$794,500
$16,674,373

 

The median Sales price in March for single family homes in Carlsbad is $794,500. This is an increase of 6.6% from the previous year.

The median price per square foot for sales in this area is $364.

The Average Sale price in March for single family homes in Carlsbad CA 92008 is $926,354. The sale prices increased by 8.5% from the previous year.

The Average price per square foot for sales in this area is $403.

 

                                   
Find Homes for Sale in Carlsbad CA

Visit our website to search for homes for sale in Carlsbad or to be notified when Carlsbad homes come on the market

To find out what your home is worth in the current market email me or call 760-622-6261.

Let us show you how we can sell your home for more while saving you thousands $$ in commissions with our safe, honest, trustworthy service.

 

Market Data is from North San Diego Realtors Association - HomeDex.

 

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Rainmaker
321,135
Jack Tenold
Jack Tenold LLC - Spokane, WA
Specializing in Reverse Mortgages

Nice summary on the housing market in Carlsbad.  Highest prices in 9 years?   I wonder how first time home buyers are ever going to come up with a down payment.  Hopefully there are affordable homes somewhere in the areas surrounding Carlsbad for that demographic.  You live and work in a beautiful part of California. 

Apr 27, 2016 03:54 AM #1
Rainmaker
195,659
Jill Moog
Coast & Country Homes and Estates, Inc. - Carlsbad, CA
Carlsbad, CA Homes for Sale

Thank you Jack. Yes, it is very difficult for 1st time home buyers in the area. The City of Carlsbad does have a pretty good affordable housing program that offers generous "silent second" programs but they are not for everyone.

There are a few cities in the area a bit more affordable such as Oceanside, Vista and San Marcos.

Apr 27, 2016 04:10 AM #2
Rainmaker
1,118,344
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jill Moog - Great real estate data and real estate information on the Carlsbad, CA area!  I hope buyers and sellers call you for more help!

Apr 28, 2016 04:12 AM #3
Rainmaker
195,659
Jill Moog
Coast & Country Homes and Estates, Inc. - Carlsbad, CA
Carlsbad, CA Homes for Sale

Thank you Laura. I appreciate your comments!

Apr 28, 2016 05:12 AM #4
Rainmaker
4,796,904
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Jill.  Thanks for following me.  Now, time to post some more blogs.

Nov 19, 2016 08:02 PM #5
Rainmaker
195,659
Jill Moog
Coast & Country Homes and Estates, Inc. - Carlsbad, CA
Carlsbad, CA Homes for Sale

Hi Gabe. You are absolutely right, thanks for the reminder!

Nov 20, 2016 01:57 AM #6
Rainmaker
4,064,219
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jill, your market is very healthy, and this was a while ago, so sure it has only gotten better! 

Dec 29, 2016 05:34 AM #7
Rainmaker
195,659
Jill Moog
Coast & Country Homes and Estates, Inc. - Carlsbad, CA
Carlsbad, CA Homes for Sale

Hi Joan,

Yes it is, I will post an update soon!

Dec 29, 2016 12:44 PM #8
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Rainmaker
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Jill Moog

Carlsbad, CA Homes for Sale
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