What’s My Carlsbad Home Worth? Carlsbad Home Sales for January 2023

Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

What’s the Value of My Carlsbad Home?

Carlsbad Marker Report for January 2023


Carlsbad home search linkThe Carlsbad real estate market continues to evolve, with changes from December and 1 year ago. These numbers do not include private sales, mobile homes or multi-family housing (the numbers are taken from the MLS and believed to be accurate when reported but are not guaranteed).


Media reports speak in general terms, so they do not reflect local Carlsbad housing market conditions (learn more - How Local IS Local?). Up-to-date information, and analysis, about local market conditions benefits you when you need to make buying and/or selling decisions about Carlsbad homes for sale.



Carlsbad Village by the Sea


62 homes sold in Carlsbad in January (92008, 92009, 92010 and 92011), up by 44% from December. Here are the specifics:


Single Family Homes Sold
34 (up by 3); 37 Average Days on Market; Average Sales Price was $1,622,432 (down 5%); Average Sales Price was 95% of original asking price.

Condos, Townhomes & Duplexes Sold
28 (up 133%); 63 Average Days on Market; Average Sales Price was $1,137,193 (up 35%); Average Sales Price was 96% of original asking price.


Overall Carlsbad home sales in January rose substantially from December. While there were several more single family home sales, there were significantly more condo, townhome and duplex sales. The average sales price decreased for single family homes, but increased for condos, townhomes and duplexes (in part due to the sale of 3 condos over $2M). January sales prices ranged from $340,000 to $2,600,000.


The average marketing time was longer for single family homes, and substantially longer for condos, townhomes, and duplexes (about 2 months on average).


Compared to January 2022, there were 21% fewer sales of single family homes. 3 fewer condos, townhomes and duplexes sold in January 2023. The average sales price year over year was 6% lower for single family homes (median price was 7% lower), but 20% higher for condos, townhomes and duplexes (median price was 36% higher) in January 2023.


Carlsbad townhomes


Some buyers made fairly quick decisions to tour homes and submit successful offers. 25% of the homes were pending in 7 days or less, fewer than in December. However, buyers should continue to be prepared to make prompt decisions in Carlsbad’s housing market!


The majority of Carlsbad buyers negotiated their home prices down from list price. However, 31% paid asking price or higher for their homes, about the same as last month. Buyer competition continues, and it’s important to remember this when planning your offer!


The median sales price for single family detached homes was $1,500,000, 4% higher than December, and was $785,000 for condos, townhomes and duplexes, 33% higher than last month.


There were 8 homes in Carlsbad at the end of January with an Active Under Contract status, compared to 5 last month. These homes are technically still active but may not allow further showings or accept more back-up offers. They are included in the statistics below.


Inventory at the end of January (95) was about the same as last month (97). List prices range from $465,000 to $11,950,000.


There is a 2 month supply of condos, townhomes and duplexes (up from 1.9 months last month), and 1.4 months for single family homes (up from 1.3 months last month), based on the rate of sales over the last 3 months. Carlsbad continues to be a very strong sellers’ housing market.


72 new listings came on the market in January, compared to 40 last month. Similarly, 52 homes went pending (excluding homes that closed in January), versus 41 in December.


This overview of the Carlsbad housing market is based on data in the MLS. I can share more details with regard to current activity, as well as for neighborhoods of Carlsbad that are of interest, such as La Costa, Aviara, Bressi Ranch or Calavera Hills.


Please reach out to me directly or via text at (760) 840-1360 so we can discuss your housing needs, timing, lifestyle and budget, and your questions. Together we can plan an effective strategy to buy your new Carlsbad home, and/or sell your current Carlsbad home.




Read More:

What’s My Carlsbad Home Worth? Carlsbad Home Sales for December 2022

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®

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Comments (4)

Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Jeff Dowler, CRS - Your blog about "How Local IS Local?" is the exact reason why buyers need a well-informed agent to help them with pricing. Shopping for a home in a beach community can see big fluctuations in pricing based on the location alone. 

Feb 05, 2023 01:19 PM
Jeff Dowler, CRS

So very true Sheri Sperry - MCNE® 

Thank you!


Feb 05, 2023 07:47 PM
Phyllis Ross
eXp Realty LLC Salina Group - Salina, KS
Realtor Central Kansas Residential Sales

Great information Jeff. Thank you for sharing. Have a wonderful day and a blessed week.

Feb 05, 2023 02:39 PM
Jeff Dowler, CRS

Thank you for the kind words Phyllis Ross 


Feb 05, 2023 07:48 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You are the only one I would trust to give me information about what is going on in Carlsbad!

Feb 06, 2023 04:06 AM
Jeff Dowler, CRS

What a nice thing to say Brian England 

Thank you!!


Feb 06, 2023 10:33 AM
Brian England

I only say it because it is true!

Feb 06, 2023 03:08 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

That is still a strong sellers' market especially with 44% more sales than in December, and almost a third paid asking

Feb 06, 2023 05:31 AM