Year-End 2016 Market Report for Carlsbad 92011

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Real Estate Agent with Solutions Real Estate CalBRE License #01490977

Year-End 2016 Market Report for Carlsbad 92011

 

2016 was a relatively busy housing market, and we saw a number of shifts compared to Carlsbad home sales in 2015.  Here we take a look at the market activity in 2016 for single family detached homes in the 92011 area of Carlsbad.

 

The Bay Collection in Carlsbad 92011

 

The 92011 zip code covers the area south of Palomar Airport Road and west of El Camino Real, including the resort residential community of Aviara, The Bay Collection, Mar Brisa, Spinnaker Hill, Vista Del Mar, Harbor Pointe, Shorepoint, Mariner’s Pointe, Seaside Estates, Cherry Tree Walk, and The Tides, to name a few of the neighborhoods. The 92011 area offers a mix of attached (condos, townhomes, twin homes) and detached single family homes in gated and ungated communities, some in close proximity to the beaches.

 

Check out the Aviara Lifestyle

 

SINGLE FAMILY DETACHED HOME SALES

261 single family detached homes sold in 92011 in 2016, which is 9% more than in 2015. The average sales price was $994,340 (range of $406,000 to $3,400,000; median price of $930,000, up 5% from 2015 and up 9% from the 2014 median price), which is an increase in average prices by 7% from 2015, and up 13% from 2014 average prices. The average time on the market was 33 days, versus 37 days in 2015.

 

 

Homes sold for 97% of asking price on average, with 26% of the homes selling at list price or above. 21% of the homes were cash transactions. In summary, compared to 2015, we saw a bump up in both average and median prices, more home sales, and a modest decline in the time on market.

 

2017 CURRENT HOUSING ACTIVITY AS OF JANUARY 18

Currently there are 29 single family detached homes for sale in the 92011 area, from $589,900 to $2,498,000. There are 18 homes that are pending, ranging in list price from $715,000 to $1,799,500; these homes have been on the market for 67 days.

 

The current housing market in the 92011 are favors sellers, as it has for some time, with an inventory of about 2.3 months based on the rate of sales in the last 30 days and current buyer demand.

 

NEXT STEPS:

 

Carlsbad home searchYou can search all homes in the Carlsbad housing market by clicking on the photo to the right.

 

Or search just for homes for sale in the 92011 using the link below.

 

 

 

SEARCH FOR CARLSBAD 92011 HOMES FOR SALE

 

If you would like more detailed information about the local real estate market conditions in the 92011 area in order to understand what they mean for you as a buyer or a seller, and are interested in exploring the housing options that meet your particular needs and budget, please contact me at (760) 840-1360 for a personal consultation.

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Ambassador
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

All the numbers are up and positive in the Carlsbad CA 92011 zip code.  Hope the trend continues in 2017

Jan 18, 2017 05:59 PM #1
Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Jeff Dowler - I think your  Carlsbad CA 92011 market is going to do even better this year!  Mark my words and much success to you. You deserve it!

Jan 18, 2017 06:51 PM #2
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hope so, too Ed Silva It's been pretty steady this year!

Sheri Sperry - MCNE®  2016 was a great year and we are looking to another, perhaps even better.

Jeff

Jan 18, 2017 10:11 PM #3
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

What a nice comparison year end to year end Jeff Dowler, well done! 

Jan 18, 2017 10:22 PM #4
Rainmaker
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Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Such an amazing recap of Carlsbad CA market that is doing very well at that price point...you are the DUDE to call here for all real estate needs!

Jan 19, 2017 04:51 AM #5
Rainmaker
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Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Jeff, I really enjoyed your video - very well done. Looks like 2017 is already setting up to be a solid year in Carlsbad 92011. Buyers and sellers would be wise to contact you and put your local knowledge to work.

Jan 19, 2017 06:46 AM #6
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Thanks for the kind words Paul S. Henderson, REALTOR®, Broker, Tacoma Washington 

Hi Ginny Gorman  It was a great year and is off to a good start in 2017, too. Thank you!

Jeff

Jan 19, 2017 07:41 AM #7
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Amanda S. Davidson 

Thank you for stopping by and for the compliment on the video! I think we are off to a good start in 92011 and elsewhere in Carlsbad.

Jeff

Jan 19, 2017 07:42 AM #8
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Sounds like Carlsbad offers a nice assortment of homes that compliment any buyer's budget.  Great market snapshot.

Jan 19, 2017 09:41 AM #9
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Jeff Dowler, CRS

The Southern California Relocation Dude - Carlsbad
What's my Carlsbad CA Area Home Worth??
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