
February 6, 2025
Here is the Carlsbad Market Report for January 2025. And here is the Market Report for December 2024 for comparison.
The Carlsbad real estate market continues to shift, and there were changes from December and from 1 year ago. Private sales, mobile homes and multi-family housing are not included. The data are from the MLS and believed to be accurate as reported but are not guaranteed.
Media market reports tend to be very general. Thus, they do not reflect local Carlsbad housing market conditions (read more – How Local IS Local?). Current information, and analysis, about local market conditions benefits you when you need to make important buying and/or selling decisions.
65 homes sold in Carlsbad in January, down 27% from December.

CARLSBAD MARKET REPORT DETAILS
Single Family Homes Sold – 39 (down 39%). 31 Average Days on Market. The Average Sales Price was $1,993,636 (up 9%). Average Sales Price was 98% of the original asking price.
Condos, Townhomes & Duplexes Sold – 26 (up by 1). 37 Average Days on Market. The Average Sales Price was $847,923 (down 17%). Average Sales Price was 98% of the original asking price.
Carlsbad home sales in January decreased significantly from December. Single family home sales dropped while condo, townhome and duplex sales were up by 1. The average sales price was higher for single family homes, but was lower for condos, townhomes and duplexes. Sales prices for January ranged from $480,000 to $5,189,424.
The average time on the market for single family homes was 4 days shorter than last month. On the other hand average time on the market increased by 4 days for condos, townhomes, and duplexes.
The same number of single family homes sold in January 2025 as 1 year ago. 26 condos, townhomes and duplexes sold in January 2025 compared to 19 back in 2024. The average sales price year over year was 14% higher for single family homes in January 2025 (the median price was 14% higher). In contrast, the average sales price was 16% lower for condos, townhomes and duplexes sold in January 2025 compared to 1 year ago. The median price was 6% lower in 2025.
Plenty of buyers made prompt decisions to tour properties and submit successful offers on them. 25% of the homes went pending in 1 week or less. Thus, it’s still important for home buyers to be ready to make quick decisions in the Carlsbad housing market.
While the majority of buyers negotiated their home purchase prices down from list price, 40% paid asking price or more for their homes. Buyer competition continues, and it’s important to keep this in mind during your home search and when planning your offer strategy!
The median sales price for single family detached homes was $1,886,000, up from $1,765,000 last month. The median price was $815,000 for condos, townhomes and duplexes, compared to $925,000 in December.
Inventory at the end of January (164) rose by 27% from last month (129), which was good news for buyers. List prices range from $425,000 to $23,900,000.
There is a 2.9 month supply of condos, townhomes and duplexes (up from 2.2 months last month). There is a supply of 1.9 months for single family homes (up from 1.3 months last month). This is based on the rate of sales over the last 3 months. Carlsbad remains a very strong sellers’ housing market.
123 new listings came on the market in January, versus 45 last month. Similarly, 67 homes went pending (excluding homes that closed in January), compared to 43 last month.
This summary of the Carlsbad housing market is based on information found in the MLS. I’m happy to share other details about housing activity, including neighborhoods that may be of interest such as La Costa, Aviara, Bressi Ranch, and Calavera Hills.
Please reach out to me directly or via text at (760) 840-1360 to discuss your personal housing needs, timing, lifestyle, budget, and questions. Then we can create a plan to buy your new Carlsbad home, and/or sell your current home.