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).”
|Carlsbad Sales, last 90 days|
|Average SP/LP Ratio|
|Average Price Per SF|
|Avg. Days on Market|
|Median Sales Price|
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%!