In the last post, I included a link to April, 2009.

Local Boy left this comment there with stats – let’s compare to today:

“Carlsbad Statistics (Single Family–all 4 zips)
I think the sellers in Carlsbad have been doing an excellent job pricing–in the last 3 months, 123 properties have closed escrow at 96% of asking price at a average price per sqft of $280 and 70 days on the market average (42 median)–not bad. 409 active listings with less than 3 months average market time, 155 houses currently in escrow with 52 days on the market average–Fairly healthy market–2.6 ratio of active/pending (single family).”

Category
April, 2009
March, 2018
Carlsbad Sales, last 90 days
123
183
Average SP/LP Ratio
96%
96%
Average Price Per SF
$280/sf
$425/sf
Avg. Days on Market
70
32
Active Listings
409
161
Pending Listings
155
126
Actives/Pendings
2.60
1.28
Median Sales Price
$630,000
$960,375

There have probably been 200-300 houses built in Carlsbad since 2009, yet the active inventory isn’t half of what it used to be.  But closed sales are +49%!

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