All House, No Yard
This is where the little dip in Alicante causes cars to go 40-50MPH right by the home:
Hot Buy of the Week
My quick tour of the home that garnered ten offers:
La Costa Oaks
I’ll find someone to buy my $2,295,000 listing in La Costa Oaks, and it could be the last LCO listing of the year. It will mean that LCO sellers will be expecting at least $2-something in the 2023 selling season, which won’t feel like prices dropped much while buyers were on vacation.
La Costa Oaks sales, last 90 days:
La Costa Rat Pack 2022
The listing agent Seth gave me permission to run these clips as long as I find the buyer! So if you watch this film and want to buy it, then you gotta call me!
December Momentum
As hot as our market is right now, it sure seems like we will get off to a fast start in 2022!
The first house mentioned in this video is linked here. The LCV home was listed for $1,695,000 and closed for $2,000,000 for a 2,438sf tract house built in 2000 on a 9,198sf lot. The sale closed on October 21st:
What $949,000 Buys You
This sold for $949,000 in August, and it might be one of the last in the 92009 to sell under a million:
The Davidsons Are Still Hot
It might feel a little soft in other places, but the newer Davidson homes are always going to be popular.
Here’s an example in La Costa Oaks where two model-match homes sold a month apart and both fetched a similar premium. Here’s how the second one looked:
Model-Match Comparison in Frenzy
This home in La Costa Oaks listed for $1,800,000, and then the price was raised to $1,900,000.
It closed yesterday for $2,150,000 – here is the video tour:
We sold the same model for $1,910,000, and the sale closed today:
https://www.compass.com/listing/7337-calle-conifera-carlsbad-ca-92009/760203178471857041/
Two of the same models, on the same street, sold the same week and had a 13% variance in price – wow!
Get Good Help!
La Costa Quick Sale
A cash buyer acted quickly to snag this 1978-built one-story at the top of the hill in Old La Costa. The sales price of $1,201,500 (list was $1,048,000) and a two-week escrow was good enough for the seller, who I think was the original owner:
95 Units
The City Council has already approved this project so the public discussion is over.
But it’s interesting to note that the owner of this 7.2-acre parcel – who also owns the shopping center next door – chose to re-zone the property for apartments, instead of office space. Did they figure that rents in SE Carlsbad would keep accelerating while office rents have been stagnant, at best? Or did the developer want to supplement the attendance of his family-friendly shopping center next door? Probably both.
https://thecoastnews.com/carlsbad-approves-95-housing-units-at-la-costa-town-square/
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
