Is Carlsbad, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,400,000
$671/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Carlsbad was $1,400,000 in March 2024, up 3.7% from last year, and the median price per square foot was $671.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $599K | $625K | +4.3% |
2 Bedrooms | $825K | $840K | +1.8% |
3 Bedrooms | $1.2M | $1.3M | +8.3% |
4 Bedrooms | $1.6M | $1.7M | +2.3% |
5+ Bedrooms | $2.2M | $2.1M | -5.6% |
Summary: Carlsbad housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
Vista | $785.9K | $849.9K | +8.1% |
Carlsbad | $1.3M | $1.4M | +3.7% |
Oceanside | $785.7K | $815K | +3.7% |
San Marcos | $868.8K | $899.9K | +3.6% |
Encinitas | $1.7M | $1.7M | 0.3% |
Housing Supply in Carlsbad, CA
How many homes are available in Carlsbad, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
268 | 271 | +1.1% |
Summary: The Carlsbad real estate market had 271 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 54 | 60 | +11.1% |
3 Bedrooms | 89 | 89 | 0.0% |
4 Bedrooms | 73 | 70 | -4.1% |
5+ Bedrooms | 41 | 40 | -2.4% |
Summary: The Carlsbad housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 88 | +7.3% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in Carlsbad in March 2024, up by 7.3% month-over-month. Of the 88 sold homes, 32% were sold under asking, 23% were sold at asking, and 45% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 22 Days | -22.1% |
Summary: Homes in Carlsbad had an average of 22 days on market in Mar 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 88 homes were sold in Carlsbad; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.