Carlsbad Real Estate News and Views: Q3 2019 Market Report for the Carlsbad 92008 Area - Detached Homes

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.

Q3 2019 Market Report for the Carlsbad 92008 Area - Detached Homes

Q3 2019 Market Report for the Carlsbad 92008 Area

Single Family Detached Homes

 

The third quarter of 2019 for home sales in the Carlsbad 92008 area was busy, with some market shifts as compared to the same period in 2018.

 

In this market report we specifically look at the sales activity for single family detached homes reported in the MLS.

 

Oceanfront Homes at Terramar in Carlsbad 92008The 92008 area of Carlsbad covers a diverse region, including Carlsbad Village, Telescope Point, Olde Carlsbad and The Barrio (the latter 2 are Carlsbad’s first neighborhoods), expensive beach-front areas in the Village and south along Carlsbad Boulevard to the oceanfront community of Terramar, the lagoon-front Bay Cove neighborhood, several condo communities and residential neighborhoods close to the Agua Hedionda Lagoon, and more, with a broad mix of attached (condos, town homes, twin homes) and detached single family homes.

 

There are several small enclaves of new homes in and around the Village, and many of these are condos and townhomes! If you would like more information on new construction homes and condos in Carlsbad Village, please give me a call at (760) 840-1360.

 

SINGLE FAMILY DETACHED HOME SALES IN 92008

  •         50 single family detached homes sold in the July to September time frame, 5% fewer than in the same period in 2018, and 14% fewer than sold in Q2 of this year
  •         Average sales price was $1,101,082, down 9% from Q3 2018, but up 6% from the average sales price for Q2 of this year
  •         Sales prices ranged from $610,000 to $2,450,000
  •         Marketing time averaged 33 days, compared to 41 days last quarter

 

Homes sold for 96% of asking price on average, but with 30% of the properties selling at asking price or above.

 

22% of the home buyers paid cash for their new homes.

 

CURRENT LISTINGS & PENDINGS AS OF OCTOBER 27

  •         40 single family detached homes are for sale
  •         Prices range from $739,000 for a 4 bedroom 2.5 bath 1612 SF home to $26,950,000 for a stunning 10,000 SF oceanfront property in Terramar (on the market for 18 months and one of the more expensive homes for sale on the public market in San Diego)
  •         6 of the homes are new construction, priced from $1,239,990 to $1,595,000
  •         Average list price is $2,412,754, with 7 homes priced over $2M
  •         Homes have been on the market an average of 65 days.

 

22 homes are pending, priced from $849,000 to $1,699,999, with an average marketing time of 68 days before going pending.

 

At the current rate of sales over the last 3 months there are only 2.4 months of available inventory of single family detached homes in the 92008 area, a market that continue to favor sellers.

 

Carlsbad Home SearchIf you would like more detailed information about the local real estate market conditions in the 92008 area, or are interested in exploring the housing options in your budget, please contact me at (760) 840-1360 for a personal consultation.

 

You can search the complete Carlsbad inventory of homes for sale by clicking on the photo to the right.>>>>>>>>>>>

 

Or narrow your home search to the 92008 area using the link at the bottom of the page.

 

And if you are interested in selling your Carlsbad home, let’s sit down and discuss the local market conditions, the current market value of your home, and create a plan for getting your home sold for top dollar as quickly as possible.

 

Search for Carlsbad Homes for Sale in 92008

 

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If I can provide more information about homes for sale in Carlsbad and in surrounding areas, our local housing market conditions, or assist you, friends or family in a purchase 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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Comment balloon 12 commentsJeff Dowler, CRS • October 28 2019 07:53PM

Comments

Thank you for the update on your area.  It looks like a beautiful area.

Posted by Raymond Henson, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 20 days ago

Thanks for stopping by Raymond Henson 

I'm pretty enamored with living in Carlsbad, as are many others.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 20 days ago

Jeff, still a stunning real estate market to buy into and you are the one to know on all real estate here...enjoy the pumpkins!

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) 20 days ago

Thanks Ginny Gorman 

There are definitely some good opportunities even with the competition. Wish we had more inventory, though. I was growing but that has slowed, and even declined in September from August in a number of communities.

And yes, there are lost of pumpkins to enjoy, and plenty of decorations.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 20 days ago

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Posted by Sally Crane, Woodland appraisal support. (WMS) 20 days ago

Morning Jeff.

Forget the blog, love your new photo...  Are you going to keep it, or is it over when the holiday is done?

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty) 19 days ago

Good morning Jeff. Inventory low, prices relatively high! It's California! Navigation of the market requires expert advice. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 19 days ago

Jeff great job with the makeup and Halloween costume.  You are ready for Trick of Treating 

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 19 days ago

Thanks Sally Crane 

No it's just for the holiday James Dray , I think people will get tired of seeing me!! LOL.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 19 days ago

Yep, same old same old, although inventory has dropped off, in general Wayne Martin . Despite that there are good opportunities for savvy buyers who are ready to go. And the interest rates are pretty good!

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 19 days ago

Hey George Souto 

This was from a Dia de los Muertos party I attended last year and will be attending again this Saturday. I don't plan on dressing up for Halloween on Thursday, however, so this wll have to do! How about you?

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 19 days ago

This is important real estate market data for home buyers and sellers in Carlsbad, Jeff.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 19 days ago

Participate