Carlsbad Real Estate News and Views: February 2020

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

3-Bedroom Homes for Sale in Carlsbad – February 2020 Update

3-Bedroom Homes for Sale in Carlsbad

February 2020 Update - Detached Single Family Homes

 

Carlsbad home buyers are often interested in buying a 3-bedroom detached single family home when it’s time to buy a new home, or the first one.

 

3-bedroom new home for sale in Carlsbad

 

Some Carlsbad buyers are first time home buyers, while others are down-sizing from a larger house. A 3-bedroom might specifically meet desired lifestyle and budgetary needs. And other buyers are looking for a Carlsbad beach home, near or on the ocean, and are willing to settle for a 3-bedroom home to be on or close to the beach, given the limited options.

 

Read about the 10 essential things to consider when buying a second home

 

The inventory of single family detached homes has increased only modestly in Carlsbad since the end of December, and inventory for the last 3 months is lower than it’s been since January 2018. Thus the housing market remains one that favors sellers due to supply and buyer demand (read the Carlsbad Real Estate Market Report for January 2020 for more details on the Carlsbad housing market).

 

Currently, based on the rate of sales in the last 3 months, we have only 1 month of single family detached homes with 3-bedrooms available, a market strongly favoring home sellers. If buyers are interested in a property they likely need to move quickly and be prepared with a strong offer.

 

3-bedroom homes make up only 15% of the current inventory of detached single family homes for sale in Carlsbad.

 

Current Listings of 3-Bedroom Homes for sale in Carlsbad

16 active single family detached homes

Priced from $789,000 to $1,425,000

Living space ranges from 1542 SF to 3866 SF

Average time on the market is 25 days

Average list price is $1,097,337 (Median is $1,059,000)

 

Of the 16 homes for sale 50% are priced under $1M, which provides a variety of budget options for Carlsbad buyers.

 

Buyers who prefer to have a single story Carlsbad home with 3 bedrooms have a limited number of options right now; roughly one-third of the 3-bedroom homes are single level.

 

While some buyers prefer new homes many are interested in resales, and of course there is a larger selection of these. Current 3-bedoom listings range in age from 1972 to newly-built or under construction. Buyers can expect some additional releases of new home – let me know if you are interested so we can stay in touch.

 

Bear in mind that new construction homes may not be immediately available for move in. And not all new construction is listed in our MLS. If buying a new home is of interest to you, give me a call at (760) 840-1360 and we can explore the current options for you in your price range (Read 6 Things Buyers Should Know About Buying New Homes in Carlslad).

 

2020 Year-to-Date Sales of 3-Bedroom Homes

Sales of 3 bedroom homes Carlsbad so far in 2019 have been steady, with 18 sales, on the market an average of 43 days. Sales prices ranged from $725,000 to $3,250,000 (the average price was $1,012,188; the median sales price was $819,995).

 

2 of the sales were cash transactions. Buyers were able to negotiate 5% off the original list price, on average. 4 of the Carlsbad buyers paid asking price or better for their new homes.

 

Pending 3-Bedroom Home Sales in Carlsbad

32 3-bedroom Carlsbad homes are pending (these homes have been on the market for 35 days on average), at list prices ranging from $640,000 to $1,399,999 (the average price of the pending homes is $940,664).

 

More than half of these listings (17) went pending in 1 week or less. Homes continue to sell quickly in many cases and buyers need to make decisions quickly or they may lose out.

 

Carlsbad home searchIf you are ready to start your search for a 3-bedroom Carlsbad home for sale, check out the complete inventory of 3-bedroom single family detached homes using the link at the bottom of the page.

 

You can also search a complete list of homes for sale in Carlsbad, both detached and attached, by clicking on the photo to the right (MLS updates this 24/7) if your bedroom requirements are flexible and you are willing to consider a condo or town home.

 

Better yet, 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 together and discuss 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!

 

Search for 3+ Bedroom Homes for Sale in Carlsbad

 

 

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If I can provide more information about homes for sale in Carlsbad and in surrounding areas, local housing market conditions, or assist you, friends or family in a purchase or sale, please call or text me at (760) 840-1360, or email me at JeffDowlerSolutions@gmail.com

 

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Comment balloon 13 commentsJeff Dowler, CRS • February 26 2020 04:02PM
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