3-Bedroom Homes for Sale in Carlsbad
August 2018 Market Report Update
Home buyers in Carlsbad are often looking for 3-bedroom homes for sale for a number of reasons. It might be a first home, while some buyers may be downsizing from a larger property. Or it might specifically meet their lifestyle needs while keeping the home with budget.
And then there are those buyers looking for a Carlsbad beach home near or on the ocean (read about the essential things you should consider when buying a second home)!
The supply of single family detached homes has been increasing in Carlsbad, which is good news for buyers, although the inventory versus demand still means this is a seller’s market (read the Carlsbad Real Estate Market Report for July 2018 for more details on the Carlsbad housing market).
Indeed, at this time based on the rate of sales over the last 3 months we have only about 1.7 months of inventory of single family detached homes with 3-bedrooms.
3-bedroom homes currently are about 20% of the current total inventory of detached single family homes for sale in Carlsbad.
48 single family detached homes
$679,000 to $3,250,000 (lagoon-front development opportunity)
Living space ranges from 1088 SF to 4328 SF
Of the 48 homes for sale over half (28) are priced under $1M, offering a range of budget options for Carlsbad buyers. Here’s the breakdown on pricing:
Under $750,000 3
$750,001 - $1,000,000 25
$1,000,001 - $1,500,000 13
$1,500,001 - $2,000,000 4
$2,000,001 - $3,000,000 3
Over $3,000,000 1
Buyers who would like to have a single story Carlsbad home with 3 bedrooms have 19 homes to choose from among the current inventory.
Some buyers want new homes while others are open to resales. Of the current 3-bedoom listings homes range in age from 1931 to new construction; 7 homes are available per the MLS in the new home community The Preserve, that are brand new or under construction, priced from $815,990 to $881,990. Homes may not be immediately available for move in.
2018 YEAR-TO-DATE SALES OF 3-BEDROOM HOMES:
Sales of 3 bedroom homes Carlsbad so far in 2018 have been brisk, with 194 sales, on the market an average of only 22 days (the same as earlier this year). Sales prices have ranged from $575,000 to $6,500,000 (the average price was $958,268; median price was $864,500). 23% of the sales were cash transactions. Homes sold on average for 98% of the list price, however 43% sold at or above the list price.
PENDING 3-BEDROOM HOME SALES:
Is the Carlsbad housing market for 3-bedroom homes busy? You bet. 28 3-bedroom Carlsbad homes are pending (these homes have been on the market for 33 days on average), at list prices ranging from $630,000 to $1,625,000. Four of these homes went pending in 1 week or less!
Or search the complete list of homes for sale in Carlsbad by clicking on the photo to the right (MLS updates this 24/7) if your bedroom requirements are flexible.
Or give me a call at (760) 840-1360 and I can create a custom search for you based on your criteria and budget. Then let’s sit down and discuss, together, your needs and budget so we can plan a strategy to get you into a 3-bedroom home in Carlsbad when the time is right for you!