The Real Estate Market in Carlsbad continues to be on FIRE!!! We continue to have a very limited inventory of homes available for numerous buyers interested in purchasing their Dream Homes. As of Monday the 29th of May, the Median List Price in the City of Carlsbad is $1,092,500. Prices continue to rise. The 224 properties have been on the market for an average of 59 days. The average DOM/Days on Market continues to go down on average in Carlsbad.
The demand for housing in Carlsbad continues to rise. The Market Action Index has been moving higher for several weeks. When Buyers ask, "How is the Market"? The Market Action Index is stating it is a Seller's Advantage with an index of 41.4 The Market Index is measured by the current rate of Sales versus the amount of homes available in inventory. An Index above 30 indicates it is a Seller's Market, and an Index below 30 implies it is a Buyer's Market.
This Weeks Carlsbad Real Estate Update Information is provided by Altos Research.
If you would like more information on the current Real Estate Market in Carlsbad, or San Diego & Orange Counties, please call Mike Brown Broker at 760.822.8734 or email Mike at MikeBrownBroker@gmail.com. You can also prepare your own Custom Home Search on the MLS at www.SouthCoastExclusiveProperties.com