Carlsbad Real Estate News and Views: April 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 – April 25, 2020 Update

3-Bedroom Homes for Sale in Carlsbad

April 25, 2020 Market Update

 

Many Carlsbad home buyers are searching for 3-bedroom detached single family homes when it’s time to buy a new home, or the first one.

 

Some Carlsbad buyers are first time home buyers, some are moving up, while others are down-sizing. A 3-bedroom single family home might specifically meet desired lifestyle and budgetary needs for both. Some buyers are looking for a Carlsbad beach home, near or on the ocean, and are willing to settle for a 3-bedroom home when options are limited due to either inventory or budget.

 

Vacant beach in Carlsbad

 

Interested in a second home? Read

10 essential things to consider when buying a second home

 

The inventory of single family detached homes has increased in Carlsbad since the end of December, but remains competitive. The housing market continues favor sellers due to supply and buyer demand (read the Carlsbad Real Estate Market Report for March 2020 for more details on the Carlsbad housing market).

 

Currently, based on the rate of sales in the last 3 months, we have 1.9 months of 3-bedroom single family detached homes available.

 

3-bedroom homes make up 25% of the current inventory of detached single family homes for sale in Carlsbad.

 

Current Listings of 3-Bedroom Homes for sale in Carlsbad

34 active single family detached homes

Priced from $705,000 to $1,699,000

Living space ranges from 1246 SF to 3866 SF

Average time on the market is 31 days

Average list price is $1,053,467 (Median is $997,900)

 

Of the 3-bedroom homes for sale over half (56%) are priced under $1M, which provides a range of options for Carlsbad buyers. Here’s the breakdown on pricing:

 

Less than $750,000              3

$750,001 - $1,000,000         17

$1,000,001 - $1,500,000      13

Over $1,500,000                  1

 

new 3-bedroom home in CarlsbadBuyers who prefer to have a single story Carlsbad home with 3 bedrooms have a number of options right now; 13 of the 3-bedroom homes offer single level living.

 

While some buyers prefer new homes many are interested in resales, and there is always a larger inventory of these.

 

Current 3-bedoom listings range in age from 1949 to newly-built or under construction, with only 1 new build available right now (not the one in the photo). Buyers can expect some additional releases of new homes at The Preserve in Carlsbad – let me know if you are interested so I can update you about new releases as I learn about them.

 

Keep in mind that new construction homes may not be immediately available for move in – it may be a number of months depending on where they are in the construction process. Also, 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. You might to read 6 Things Buyers Should Know About Buying New Homes in Carlslad.

 

 

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

Sales of 3 bedroom homes Carlsbad so far in 2019 have been steady, with 61 sales, on the market an average of 28 days.

 

Sales prices ranged from $715,000 to $3,250,000 (the average price was $964,800; the median sales price was $875,000).

 

11 (18%) of the sales were cash transactions. On average buyers were able to negotiate 1% off the original list price. Almost half of the Carlsbad buyers (48%) paid asking price or higher for their new 3-bedroom homes.

 

 

Pending 3-Bedroom Home Sales in Carlsbad

There are 20 3-bedroom Carlsbad homes currently pending (these homes have been on the market an average of 24 days), at list prices that ranged from $640,000 to $1,349,000 (the average price of the pending homes is $936,038). Half of these listings (10) went pending in 1 week or less. Many homes continue to sell quickly, and buyers need to make decisions promptly 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/or if you are able to consider a condo or town home.

 

If you prefer please give me a call at (760) 840-1360 and I can create a custom search for you based on your criteria and budget. Then we can sit down together and discuss your needs and budget, and 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 8 commentsJeff Dowler, CRS • April 25 2020 09:23PM
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