Is Carlsbad, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Carlsbad has remained a Seller's Market.
Housing Prices in Carlsbad, CA
How much do homes in Carlsbad, CA cost?
Median Sold Price
$1,449,666
$685/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carlsbad was $1,449,666 in May 2024, up 7.4% from last year, and the median price per square foot was $685.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $574.5K | $625K | +8.8% |
2 Bedrooms | $824K | $849.2K | +3.1% |
3 Bedrooms | $1.1M | $1.3M | +11.8% |
4 Bedrooms | $1.6M | $1.7M | +4.6% |
5+ Bedrooms | $2.2M | $2.1M | -4.2% |
Summary: Carlsbad housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
Oceanside | $760.3K | $848.6K | +11.6% |
Vista | $783K | $860.3K | +9.9% |
Carlsbad | $1.3M | $1.4M | +7.4% |
San Marcos | $870K | $925K | +6.3% |
Encinitas | $1.6M | $1.7M | +6.1% |
Housing Supply in Carlsbad, CA
How many homes are available in Carlsbad, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
346 | 348 | +0.6% |
Summary: The Carlsbad real estate market had 348 homes for sale in May 2024, a 0.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 71 | 74 | +4.2% |
3 Bedrooms | 123 | 120 | -2.4% |
4 Bedrooms | 96 | 89 | -7.3% |
5+ Bedrooms | 48 | 57 | +18.8% |
Summary: The Carlsbad housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
107 | 105 | -1.9% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Summary: A total of 105 homes were sold or pending in Carlsbad in May 2024, down by 1.9% month-over-month. Of the 105 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.
Days on Market for Carlsbad, CA
How long does it take to sell a home in Carlsbad, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 21 Days | +51.2% |
Summary: Homes in Carlsbad had an average of 21 days on market in May 2024, up by 51.2% compared to last year.
Breakdown of Home Sale Times
86 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 105 homes were sold in Carlsbad; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.