Market Report for Carlsbad 92011 for 2017
Detached Single Family Homes
2017 was a relatively busy housing market in the 92011 area of Carlsbad, and we saw a number of shifts compared to 2016. In this report we look at the market activity for single family detached homes for 2017.
The 92011 zip code covers the area south of Palomar Airport Road and west of El Camino Real, including the resort residential community of Aviara (with multiple gated and ungated neighborhoods), The Bay Collection, Waters End, Mar Brisa, Spinnaker Hill, Vista Del Mar, Harbor Pointe, Shorepoint, Mariner’s Pointe, Seaside Estates, Cherry Tree Walk, and The Tides, to name a few of the neighborhoods. The 92011 area offers a mix of attached (condos, townhomes, twin homes) and detached single family homes in gated and ungated communities, some in close proximity to the beaches.
Check out the Aviara Lifestyle in this slideshow:
SINGLE FAMILY DETACHED HOME SALES
254 single family detached homes sold, which is 3% fewer than in 2016
Average sales price was $1,038,308 which is about 4% higher than in 2016
Sales prices ranged from $570,000 to $3,200,000
The average time on the market was 31 days, versus 33 days in 2016
Homes sold for 97% of asking price on average, with 28% of the homes selling at list price or above. 22% of the home sales were cash transactions.
CURRENT ACTIVITY AND PENDINGS (as of January 27)
20 single family detached homes are for sale
Prices range from $775,000 to $2,099,000 (average is $1,308,680, median price is $1,267,500)
Homes have been on the market an average of 37 days
9 homes are pending, ranging in list price from $739,500 to $1,249,000 (average price is $1,020,722); these homes have been on the market for 45 days.
The current housing market in the 92011 are favors sellers, as it has for some time, with an inventory of only 1 month based on the rate of sales over the last 6 months and current buyer demand.
So where have prices been? Starting in 2006 (the zip code 92011 was added to Carlsbad in mid 2005 so the MLS data were limited then and not included) we can see, as in other communities, prices dropped during the recession but have rebounded quite significantly.
Or narrow your search just for homes for sale in the 92011 using the link below.
If you would like more detailed information about the local real estate market conditions in the 92011 area, or in specific neighborhoods, and are interested in exploring the housing options that meet your particular needs and budget, please contact me at (760) 840-1360 for a personal consultation so we can formulate a plan to get you into a new Carlsbad home in 2018!
And if you are considering the sale of your home, please reach out to me at (760) 840-1360 so we can find a convenient time to meet and discuss your housing needs and how I can help you plan a strategy to sell your home in Carlsbad in 2018.
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If I can provide more information about Carlsbad homes and real estate for sale and surrounding areas, the housing market in general (or locally), or otherwise assist you, friends or family in a home search or sale, please contact my mobile office or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com
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