Rates of home ownership in Carlsbad 92009 & 92010 tell a very important story to any buyers searching for a stable area to make a home.
Area 92009/92010 Carlsbad San Diego County Nationally
Median Age Homes 12yr 26yr 35yr 37yr
% Homes Owner Occupied 79.3% 59.5% 50% 57.3%
% of Rental Homes 14.4% 33% 41.7% 30.2%
% Vacant Homes 6.4% 7.5% 8.3% 12.5%
Clearly, it is no difficult task to note the stability of the 92009 and 92010 zip code areas in Carlsbad. Residents here have found a great community and prefer to live here. Yes, there are some rentals, but nowhere near the numbers for the National Market. The results are very well maintained homes. Neighbors who stay for extended years, raise families, retire and prefer not to move elsewhere unless absolutely necessary. Median home prices are among the highest in the Country and SP:LP Ratio currently for single family homes is at over 99%
Here are several charts to illustrate the Carlsbad Market Trends as compared to the San Diego and the National trends.
Charts are courtesy of the sources below and compiled by Real Estate Digital with no warranty as to it being error-free.
Upon a careful review of data compiled from numerous trusted sources including Sandicor and Census Bureau estimates and projections of population characteristics at various levels of geographic detail, including the latest estimates of population at the county and city level. Bureau of Labor Statistics estimates and projections of employment by industry and occupation at the county level. Medicare eligible population counts at the ZIP code level, including population by sex and 5-year age cohorts, provided by the Health Care Financing Administration of Social Security. These counts provide a very accurate local count of the population aged 65 and higher. Internal Revenue Service statistics on tax filers and year-to-year migration. The Census Bureau’s Current Population Survey, which provides detailed demographic breakdowns and enables a thorough longitudinal analysis of demographic trends. Economic Census data of NAICS and SIC groups by states, counties, cities, metros, and zip codes. Consumer Expenditure Survey from the Bureau of Labor Statistics
Trends supported by real date do not lie; 92009 & 92010 data show that this area of San Diego County is a very strong owner-occupied residential community. This results in increased home value appreciation thus assuring prospective homeowners that the investment they make will have a higher degree of probability to improve in value. Isn't that what you want in your next home investment?
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