Carlsbad Real Estate Market - View Carlsbad Real Estate Market Trends in California

Spring 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Carlsbad. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 949-573-7550 or email me today. We are one of only several real estate brokerages who are really
Average Home Price	$675,000 - View Graph Trend

Average Price Compared to Last Year	Up 0-5%

Average Time on Market	30-60 days

Best Selling Price Range	$600,000 - $649,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Increasing

Market Trend	Decreasing

Buyers’ or Sellers’ Market	Equal buyers and sellers

Buyer Activity for the past 90 days in Carlsbad is	Increasing

Seller Activity for the past 90 days in Carlsbad is?	Increasing

Multiple Offers?	Yes

Multiple Offers Commentary	Especially on Bankowned and Short Sale/Pre-forclosures there are sometimes 10- 20 offers on one home. Particularly in the $500K and under price ranges which is driving prices up in those lower price ranges.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	25-30%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Now with stricter mortgage requiremtns it is best to obtain a full loan approval before actually looking at homes. We see buyers with great FICO scores, 30% down and money in the bank, not qualify. Each individual is different so are the regualtions lenders require on different loan programs so call me if you would like a lender I can recommend to crunch numbers. As a buyer only brokergae that is all we do, represent buyers and the lenders e recommend focus 100% on their job, to find you a great loan product.

Housing Inventory	Good supply - Some Prices

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Lower prices with good selection and competitive interest rates creates a perfect time to buy in Carlsbad! prices are down about $100K or more, since a couple years ago and slowly creeping upward. Rates may not stay low forever and real estate is a safer investment than stocks, many are realizing.

Nearest Metro Area	Carlsbad

Housing Hot Spots	Most cities within the San Diego County area are considered 'Housing Hotspots' are carlsbad La Costa area, Carlsbad Village. Also South of Carlsbad the city of Carmel Valley. call or email me for a Custom search for these or any cities you desire.

Average Sold Price	$675,000 - View Graph Trend

Carlsbad Local News

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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