Carlsbad Real Estate Market Report - October 2008

Real Estate Agent with Solutions Real Estate CalBRE License #01490977

Carlsbad California Market Report

The Carlsbad real estate market continues to evolve, and the data for October 2008 show a number of changes from September. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

Because the media reports speak in general terms, rather than local, the information you hear in the media may not represent the reality of our local market, so having data from a knowledgeable agent about your local market conditions benefits you as the buyer or seller. Don't hesitate to ask for more information on the San Diego real estate makret  that interests you.

In October 2008 there were 100 homes sold in Carlsbad's 4 zipcodes, as compared to 101 for September. Here's the breakdown of overall activity.









Days on Market




Average $/SF




Average Sales Price

  $634,640 (down 4%)   

  $745,362 (down 9%)   

   $393,871 (down 8%) 

Median Sales Price

$625,000 (down 2%)

$728,272 (up 5%)

$332,000 (down 12%)

Average Sale$ / List$  




The number of sales was essentially the same as for September (as well as for August). However the average price of detached homes dropped 9%, and also dropped 7% for attached homes.

At the end of October 2008 there were 646 Carlsbad homes for sale (434 detached and 212 attached homes), a drop in inventory from September by 2%. This represents an inventory of 5.6 months for attached homes (a minor increase over September at 5.4 months) and 5.7 months for detached at the current rate of sales over the last 6 months (a drop from 5.9 months as of September). YTD the average sold price of a detached home is $789,802 (DOM = 68 days); attached is $431,581 (DOM = 73 days).

The market data for the 4 different Carlsbad zip codes vary considerably; for October, the average sales prices for detached homes were $565,741 for 92008, $774,475 for 92009 (La Costa area), $511,666 for 92010, and $810,428 for 92011 (Aviara area).

Please remember this is an overview for Carlsbad, and based on information provided by the MLS for homes that went under contract in the last couple of months and closed in October. More details can be provided if needed with regard to current activity as well as within the specific zip codes of Carlsbad.


If I can provide more information about La Jolla and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360
or email me at


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All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits


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Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Jeff excellent work putting together your Carlsbad market report. I bet consumers love the wealth of information.

Nov 03, 2008 10:20 AM #1
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Bill - that's high praise, coming from you. Hopefully folks who need the info will like it. It's pretty good news for buyers.


Nov 03, 2008 11:42 AM #2
Pam Dent
Gayle Harvey Real Estate, Inc. - Charlottesville, VA
REALTOR® - Charlottesville Virginia Homes / Horse

Jeff - Lots of good information for the consumer.  Your area looks like it is doing better than mine right now.  We have more months of inventory.

Nov 05, 2008 12:26 PM #3
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Thanks, Pam. It has been reasonably consistent, at least along the coast, but average pricing is down. OUr DOM has not varied much which I find interesdting given the other fluctations.


Nov 05, 2008 12:40 PM #4
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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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