What’s the Value of My Carlsbad Home?
Carlsbad Market Report for January 2025
The Carlsbad real estate market continues to shift, with changes from December as well as 1 year ago. Private sales, mobile homes and multi-family housing are not included (the numbers are taken from the MLS and believed to be accurate as reported but are not guaranteed).
Media market reports typically are very generalized. As a result they do not reflect local Carlsbad housing market conditions (read more - How Local IS Local?). Current information, and analysis, about local market conditions benefits you when you need to make important buying and/or selling decisions about Carlsbad homes for sale.
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65 homes sold in Carlsbad in January (92008, 92009, 92010 and 92011), down by 27% from December. Here are the specifics:
Single Family Homes Sold
39 (down 39%); 31 Average Days on Market; Average Sales Price was $1,993,636 (up 9%); Average Sales Price was 98% of original asking price.
Condos, Townhomes & Duplexes Sold
26 (up by 1); 37 Average Days on Market; Average Sales Price was $847,923 (down 17%); Average Sales Price was 98% of original asking price.
Carlsbad home sales in January decreased significantly from December. Single family home sales dropped substantially while condo, townhome and duplex sales rose by 1. The average sales price was higher for single family homes, but was lower for condos, townhomes and duplexes. January sales prices ranged from $480,000 to $5,189,424.
The average time on the market was 4 days shorter than last month for single family homes. The average time on the market increased by 4 days from last month for condos, townhomes, and duplexes.
The same number of single family homes sold in January 2025 as 1 year ago. 26 condos, townhomes and duplexes sold in January 2025 compared to 19 back in 2024. The average sales price year over year was 14% higher for single family homes in January 2025 (the median price was 14% higher). In contrast, the average sales price was 16% lower for condos, townhomes and duplexes sold in January 2025 compared to 1 year ago; the median price was 6% lower in 2025.
A number of buyers made quick decisions to tour listings and submit successful offers. 25% of the homes went pending in 7 days or less, about the same as last month. Thus, it’s still important for homebuyers to be ready to make prompt decisions in the Carlsbad housing market.
The majority of buyers were able to negotiate their home purchase prices down from list price. However, 40% paid asking price or higher for their homes. Buyer competition continues, and it’s important to keep this in mind during your home search and when planning your offer strategy!
The median sales price for single family detached homes was $1,886,000, up from $1,765,000 in December. The median price was $815,000 for condos, townhomes and duplexes, compared to $925,000 last month.
There were 9 homes in Carlsbad at the end of January with an Active Under Contract status, compared to 4 last month. These homes are technically still active but may not allow further showings or accept back-up offers. They are included in the statistics below.
Inventory at the end of January (164) was up by 27% from last month (129), which is good news for buyers. List prices range from $425,000 to $23,900,000.
There is a 2.9 month supply of condos, townhomes and duplexes (up from 2.2 months last month), and 1.9 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.
123 new listings came on the market in January, compared to 45 last month, a substantial increase. Similarly, 67 homes went pending (excluding homes that closed in January), compared to 43 last month.
This summary of the Carlsbad housing market is based on information in the MLS. I’m happy to share other details about recent housing activity, including neighborhoods that interest you such as La Costa, Aviara, Bressi Ranch, and Calavera Hills.
Please reach out to me directly or via text at (760) 840-1360 to discuss your personal housing needs, timing, lifestyle, budget, and questions. Together we can create a plan to buy your new Carlsbad home, and/or sell your current Carlsbad home.
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