The first 6 months of 2016 has been a relatively busy market in the 92010 area of Carlsbad, with some notable shifts from the same time frame back in 2015.
Here are the highlights:
SINGLE FAMILY DETACHED HOMES
There were 79 single family detached homes sold, up 5% from 2015.
The average sales price was $715,905 (up 9%) with a median price of $707,500 (up 10%)
The average days on market (DOM) was 25 days, versus 39 in 2015.
Homes sold for 99% of asking price on average; 46% sold at list price or above. 14% of the homes were for cash.
ATTACHED HOME SALES (condos, townhomes)
48 attached homes sold in the first half of 2016, 16% fewer than 2015.
The average sales price was $445,291 (up 2%) with a median price of $446,500 (up 1%).
The average DOM was 22 days, versus 24 days in 2015.
Homes sold for an average of 98% of list price; about 1/3 (31%) sold at or above list price. 17% sold for cash.
Currently there are 16 single family detached homes for sale, ranging in price from $659,000 to $1,249,000; 16 homes that are pending.
Inventory is quite low for attached homes, with only 10 available properties, ranging in price from $342,000 – $625,000; 13 properties are currently pending.