CARLSBAD REAL ESTATE: MARKET UPDATE for Carlsbad, CA - All Zip Codes
Wed Mar 27, 2019
This week the median list price for Carlsbad, CA is $1,175,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 193. Click here to stay informed with the Carlsbad market!
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. An index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
In the last few weeks, the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.