Carlsbad Real Estate News and Views: What’s my Vista Home Worth? Vista Real Estate Market in 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.

What’s my Vista Home Worth? Vista Real Estate Market in April 2020

What’s the Value of my Vista Home?

Vista Home Sales in April 2020

 

Vista Homes SearchVista is an inland community in North San Diego County, bordering Carlsbad, Oceanside and San Marcos. Vista offers a diverse range of housing in tract home communities, rental complexes and 55+ communities, as well in more rural settings where you will find farms, orchards and properties with large lots and views.

 

There are mixed use and agricultural areas, plus a growing downtown offering a wide range of shopping, dining and services. The Moonlight Amphitheater (outdoor stage productions and concerts) near the Village is a popular area attraction during the summer months.

 

And there is a terrific Farmers' Market on Saturdays at the Courthouse Complex on Melrose - it's well worth a visit!

 

It’s important for buyers and sellers in the Vista housing market to understand recent trends and current local market conditions in order to make informed decisions about buying and selling Vista homes for sale.

 

The following data are taken from the MLS (private sales are not included in these statistics, nor are multifamily properties, or mobile and manufactured homes). The data are believed to be reliable at the time this report was written but are not guaranteed.

 

A total of 45 homes sold in April, a significant drop in sales by 24% from last month and likely due to the pandemic. Here’s the breakdown of activity.

 

Detached Homes Sold
29 (down 29%), 17 Days on Market, Average Sales Price $583,249 (down 2%), Average sales price was 100% of original asking price

 

Attached Homes (condos, town homes) Sold
16 (down 11%), 36 Days on Market, Average Sales Price $410,053 (down 5%), Average sales price was 100% of original asking price

 

Home sales in April dropped overall substantially, and for both types of homes. The average sales price dropped slightly for detached homes, but declined modestly for attached homes compared to March prices. Marketing time was shorter for both styles of housing than in April.

 

While some buyers were able to negotiate the original list price, the majority of buyers (64%) paid full price or more for their homes, likely due to competitive bidding in many cases. 7% of the Vista home buyers paid cash for their homes.

 

The MEDIAN sales price of the detached homes sold was $569,000 (down 1%), and $397,500 (down 22%) for attached homes compared to last month.

 

Newer home in Vista at Laurel Pointe

 

At the end of April there were 144 homes for sale in Vista, ranging in price from $225,000 to $7,900,000 (the latter an 11-acre working horse ranch). This represents an inventory of only 2.3 months for attached properties, and 2.9 months for detached homes, based on the current rate of sales over the last 3 months. Vista remains a very strong seller’s market despite the pandemic.

 

In April 45 homes came on the market, 21% fewer new listings than in March which was still good news for buyers. Similarly, the number of homes going pending (45), excluding homes that closed in April, was about 40% lower than in March, but still a fairly busy month during the pandemic.

 

I am happy to provide more information about current real estate activity in the Vista real estate market, specific zip codes, and neighborhoods that interest you, and answer any questions about the current market conditions, as well as to assist you with the purchase and/or sale of a home in Vista.

 

Please contact me at (760) 840-1360 so we can find the best time to get together and discuss your particular housing needs, lifestyle, and budget, then plan a strategy for you to buy your new Vista home in 2020!

 

And if you are planning to sell your Vista home, I can provide you with a market value and equity analysis, and discuss your timing and plans so we can create the right strategy to get your home sold quickly and for the best price, terms and conditions.

 

NOTE: Be aware there are specific CDC recommendations in place to help keep everyone safe, and some new procedures as the result of the Shelter-in-Place (SIP) Order that impacts the buying and selling process in our area. Much of the real estate transaction is now being done virtually. I am happy to share information with you and answer any questions about what this means for buyers and sellers during the SIP, and what to expect when buying or selling a home in today’s housing market.

 

SEARCH FOR VISTA HOMES FOR SALE

 

 

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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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Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and  Greater San Diego

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Comment balloon 13 commentsJeff Dowler, CRS • May 15 2020 08:44PM

Comments

I love how you keep your finger on the pulse of all your markets...

Keep up the great work and have an awesome weekend Jeff Dowler, CRS 

Posted by Paul S. Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker! (Fathom Realty Washington LLC) 20 days ago

Median prices of attached homes down 22%.  Does that just reflect smaller homes sold?  Thank you for the update.

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

Good afternoon Jeff Dowler, CRS -  homes don't stay long on the market in Vista.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 20 days ago

Hi Jeff Dowler, CRS - Vista offers an affordable option to living in San Diego County while being fairly close to the beach.  Your clients will appreciate your expert knowledge to help them make the best decision. 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Realty) 19 days ago

Vista home buyers and sellers are sure to value your real estate market report, Jeff.

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

Jeff Dowler, CRS - It looks to me like light colored Stucco is very popular. I have experienced selling a few Stucco Homes in TX. I know quite a bit about maintenance but always wondered does there come a time when they need to be repainted? 

Posted by Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives (DFW FINE PROPERTIES) 19 days ago

Thanks Paul S. Henderson, REALTOR®, CRS  It pays to be on top of the market conditions, and they vary a bit. Vista is a good option for those who cannot afford being in Carlsbad or want more for their money.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 19 days ago

Hi Raymond Henson, SRES, GRI 

It tends to vary each month depending on what has sold.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 19 days ago

No, they don't Grant Schneider  Because of pricing it provides a great option compared to being along the coast.

I was a little surprised at how many homes sold at asking price and above.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 19 days ago

Hi Sheri Sperry - MCNE® 

Vista DOES offer some good options, and a wide range of pricing, too. It's warmer there in the summer which some people like. 

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 19 days ago

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

Sally

Posted by Sally Crane, Woodland appraisal support. (WMS) 15 days ago

Thanks for your positive thoughts Myrl Jeffcoat 

Yes, stucco homes do need to be repainted, and over time stucco can also crack and chip, so there is other maintenance that may be required Patricia Feager, MBA, CRS, GRI,MRP 

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 9 days ago

Hi Sally Crane 

Vista offers some great opportunities and it's less expensive than near the coast. I have worked with a number of buyers who wanted to live there.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 9 days ago

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