Carlsbad, CA is, without a doubt, one of the nicest cities in all of San Diego County to live. The housing market in Carlsbad, CA is showing signs of re-growth and increased housing prices. Below are some statistics to highlight what’s happening in Carlsbad’s housing market according to Onboard Informatics:
Carlsbad Price Trends
For the month of July so far, the median list price in Carlsbad for a single family home is approximately $675,460. That figure is already up from the previous month by 0.94%. The figure for price per square foot for listings in Carlsbad is approximately $307 at the moment.
In Carlsbad, the median home sales price for a single family home is roughly $517,500. Sale prices of homes in Carlsbad are decreasing slightly and are down about -17.25% from last month. $217 is, on average, what you will pay for a square foot in Carlsbad right now.
Carlsbad Market Inventory Trends
Active listings in the city of Carlsbad have increased by about 3.2% from last month. The most exciting news about the inventory trend in Carlsbad is the number of days properties have been listed. The figure has been listed at 39. This number is remarkably shorter than the rest of the nation, which means properties in Carlsbad are selling much faster than in other parts of California and across the country.
Property Ownership in the City of Carlsbad
Carlsbad has a high percentage of property ownership. This is important because areas with high property ownership have more stable home prices and indicate an area where people enjoy living. Areas where there are high rates of rentals and vacancies can indicate that the market is unstable and could potentially be more challenging to sell a home in that area. As the chart below shows, Carlsbad has a very high ownership percentage of 63%.