Single Family Homes for Sale in Bressi Ranch in Carlsbad
June 2019 Market Update
Bressi Ranch is a master planned community in Carlsbad, adjacent to and north of the La Costa area in 92009, south of Palomar Airport Road, and east of El Camino Real.
Here’s an aerial tour of the Bressi Ranch community
Bressi Ranch offers a beautiful, private residents clubhouse with a large pool, kitchen, and other amenities, common in several other master planned communities in Carlsbad.
However, Bressi Ranch is unique among Carlsbad’s planned communities in that it also offers a bustling shopping center, Bressi Ranch Village Center (a.k.a. Bressi Village), and an ActivCare facility for seniors plus the Carlsbad Boys and Girls Club.
In addition, a new shopping area, The Square at Bressi Ranch, opened early this year, anchored by Sprouts, a BevMo, and CVS, and offering other retailers and eateries (e.g., Bird Rock Coffee Roasters, Mendocino Farms).These shopping centers are a short drive, bike ride, or even a walk away.
The residential area of Bressi Ranch is single family detached homes with the exception of a small complex of affordable housing called Mulberry consisting of 2 and 3 bedroom condos.
There is a new complex of townhomes and condos, being built adjacent to The Square at Bressi Ranch, call Kensington at the Square. 103 town homes and 22 condos offering several floor plans will be offered beginning around $630,000. Stay tuned for more details on these new construction homes.
Bressi Ranch also offers a corporate center of leased and owned office space adjacent to the residential area, as well as a Holiday Inn and Staybridge Suites. There is also a locked storage facility very close by, and the McClellan-Palomar Airport is a couple of miles west.
Bressi Village offers abundant shopping, all of which have been built since the community began being developed. Some nearby amenities include golf at The Crossings along Palomar Airport Road, Legoland California, and 7 miles of Carlsbad beaches about 4 miles to the west.
CURRENT INVENTORY IN BRESSI RANCH IN CARLSBAD
Current inventory in Bressi Ranch is somewhat limited but better than at the beginning of the year. There are 6 available properties ranging in price from $874,900 to $1,599,000 for a gorgeous single story ocean view home. The average price is $1,174,983. These homes have been on the market for an average of 33 days.
As of this writing there are 3 pending listings, ranging in price from $1,094,000 to $1,449,000. The average time on the market before going pending was 23 days.
HOMES SOLD IN BRESSI RANCH YTD IN 2019
9 homes have sold in Bressi Ranch since the beginning of the year, compared to 16 sales during the same period in 2018. The average sales price was $1,125,777 (ranging from $970,000 to $1,350,000) with an average marketing time of 20 days before going pending. The average price in 2019 was 11% higher than for homes sold in 2018.
These Bressi Ranch home buyers all used conventional loans for their purchase. The average sale was 98% of asking price, with 56% of the buyers paying asking price or better. These days if you are interested in a Bressi Ranch home you can expect a fair amount of competition.
If you would like more information about the Bressi Ranch housing market, or other nearby communities in Carlsbad, please call me at (760) 840-1360.
We can sit down and discuss your particular needs and questions, and then create a strategy to help you find the right home to fit your lifestyle and budget, in Bressi Ranch or elsewhere in Carlsbad or nearby.
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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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