San Diego Real Estate Insider

San Diego real estate market trends, valuable news about short sales, including foreclosure information in the San Diego county plus much more.

April 23, 2013

Poway real estate March 2013

Poway is seeing a slight increase in inventory with an approximate 5% rise since March 2013. There was also a slight increase in distressed properties such as foreclosure and short sales during the beginning of April. According to Trulia.com, the average price per square foot for a Poway, CA home was $264, representing a 10.5% increase over last year.  The median sales price of a Poway home during the period January 13, 2013 to March 13, 2013 was $494,250 based upon 118 Poway home sales, representing a 27% increase compared to last year at the same time. Although, the number of home sales decreased by 22.4%. There are approximately 185 resale and new homes on the market as well as 87 homes in some stage of foreclosure or pre-foreclosure. The average list price was $1,342,263 during the week ending April 10, 2013, representing a 4.4% increase over the prior week. So all and all the Poway home market is regaining its strength. 

Popular Poway zip codes and list prices for the week ending April 10, 2013 are as follows:

Zip codes:                                                                                           Average List Price

 

92037                                                                                                  $2,832,611

92128                                                                                                  $495,386

92109                                                                                                  $1,166,456

92130                                                                                                  $1,555,602

92127                                                                                                  $1,244,135

92115                                                                                                  $431,424

91916                                                                                                  $345,831

92102                                                                                                  $309,218

92058                                                                                                  $290,007

92120                                                                                                  $495,090

Why is Poway Real Estate is So Popular?

If you are wondering why there is such a high demand for Poway real estate, here are a few reasons:  Poway offers a rural atmosphere. Green valley and Bridlewood offer ½ acre to 1-acre lots, and you will also find horse trails. Nature lovers and hikers will enjoy the hiking trails and picnic spots at the Lake Poway recreation area. Also, just to the east, you will find Mount Woodson, which offers fabulous views and really great rock climbing for the more adventurous. If you are looking for estate properties, Huntington Gate has 5,000+ sq ft. homes. You can also find smaller less expensive homes on city-sized lots, and the Poway United School District is consistently rated in the top tier.

Predictions

The Poway real estate market is much stronger. Many buyers who lost their homes to foreclosure during 2008 -2010 are now able to return to the marketplace to buy again because their credit ratings have improved. Since rents are going up, buyers have realized it is cheaper for them to purchase a home at today’s lower interest rates and affordable home prices. If you fall within this group, and you are tired of throwing your money away renting, then now is the right time for you to buy Poway real estate.  Buyers need to act quickly though because there is a lot of competition for well-priced Poway resale homes. Distressed homes are getting harder to find and you could find yourself in a multiple offer situation.  If you are waiting for a large shadow inventory, that ship has sailed. Banks are putting their distressed properties on the market at higher prices or selling the inventory in bulk to investors.

Many sellers who were underwater the past five years are now able to sell their houses because home prices have moved up. If you are ready to sell, now is also good time because the Poway market is moving towards a seller’s market. Working with an experienced Poway real estate agent is recommended to assist you with your home buying or selling endeavors. 

View information on Poway properties now!

Share This Post
Aug. 5, 2012

Real Estate in El Cajon

El Cajon is a suburb of San Diego with a population of over 100,000 people.  It covers 14.4 square miles of land and is bordered by the City of San Diego, La Mesa, Spring Valley, Santee, and an unincorporated part of San Diego County on the east. 

The weather in El Cajon is considered to be more arid than in other areas of the county as it is a bit warmer and drier than those areas closer to the coast.  High temperatures range from the upper 60s in the winter months to the upper-80s in the summer months while lows range from the low-40s in the winter to mid-60s in the summer.

Neighborhoods

There are lots of neighborhoods in El Cajon with homes in a broad spectrum of prices with something for everyone.  Neighborhoods like Granite Hills, Horizon Hills and Mount Helix feature homes priced between the low-$400s to the upper-$900s.  Other neighborhoods like Crest, Bostonia and Allenwood have homes priced from the low to mid-$200s.  Fletcher Hills, Dehesa Valley and Singing Hills offer a wide range of home prices from the upper-$200s to over $1 million. 

Condominium communities feature homes between about $60K and the upper-$300s.  They are scattered throughout the neighborhoods in El Cajon like Mountain View Village and Granite View Villas located in popular Granite Hills and Rancho Villas in Rancho San Diego.  Homes in these communities are priced from under $100K to the mid-$200s.  The nicest community is probably gated Fairway Villas where homes start in the mid to upper-$300s. 

El Cajon Real Estate Statistics

The real estate market in El Cajon is very affordable.  It is an excellent place to buy for pretty much any buyer from those buying their first home to investors to homeowners with a desire to upgrade to a larger home. 

For single family homes, the most recent information shows that the median sale price sits at an even $310K which is up a smidgeon over the past year.  In terms of the number of sales in a month, there were, most recently, 103 sales representing a tiny decrease from last year.  Homes sit on the market for about 80 days.  It is worth noting that El Cajon is still dealing with foreclosures and short sales.  Even though the number continues to decline each month, the real estate market is still in a mode to correct itself so that it can begin to rebound like the areas around it.

As for condominium communities, they are very affordable and present an ideal opportunity for those wanting to dive into the real estate market.  Most recently, the median price sat at $123K with 31 sales in a month (down from last year).  Additionally, property stays on the market for about 85 days.  There were more than a handful of distressed properties sold in the past month which was down from last year but up over the past month.  Again, this area is still leveling out and righting itself.  

Why Live in El Cajon

El Cajon provides the opportunity for home ownership to first time buyers as well as the ability to upgrade to a bigger and newer home for homeowners seeking that desire.  Situated in more of a rural setting close to the amenities of a larger metro area, El Cajon is quickly becoming a popular place to live. 

Share This Post
Aug. 5, 2012

Buying and Selling Real Estate in El Cajon

El Cajon is the largest city in the East County section with a population of over 100,000 people.  Located 15 miles east of the city of San Diego, El Cajon offers the ability to live in a much more rural setting while providing the amenities a major metro area affords.  With warm temperatures, lots of activities and events, as well as a strong arts community, El Cajon is becoming a much more popular area in which to live.

Selling Your Home in El Cajon

El Cajon is an area that is still righting itself in terms of the real estate market.  Because it is further east of the city of San Diego, it is a more affordable part of the metro area and is a growing destination for pretty much any type of homeowner.  Real estate investors, in particular, look to El Cajon for adding to their rental portfolio with homes for sale.  If selling a home is in the immediate plan, property is selling in under three months for single family homes and under four months for condominium homes.   The advantage of selling a home at this time in El Cajon is that even though the number of sales is up from the previous month, the active inventory is still down from last year especially with condominium property (over 30 percent lower).  Because of this, the increase in sale prices is creating somewhat of a sellers’ market. 

Buying Real Estate in El Cajon

For buyers, El Cajon has a lot of opportunities for all types of buyers.  It is an affordable community in terms of real estate.  Potential buyers can get more house than they can afford to buy further inland.   It is important to note that because the inventory is down slightly from this time last year, sellers are sticking to their guns a little more in terms of negotiating a sale price.  Now is the time to buy before it turns into a true sellers’ market. 

For investors and buyers interested in distressed property, El Cajon is an excellent place to check out.  There are a handful of foreclosures and even more short sales on the market especially with condominiums.  The most interesting point about the condominium properties for sale is that several short sales also have strong rental histories.  El Cajon is definitely ripe for the picking in terms of distressed property.

Relocating to El Cajon

In terms of relocating to El Cajon, there are great schools in this community as well as numerous shopping centers, arts, culture and lots of entertainment.  Moving here is a fairly easy process and a great move to make.  It is close to the city of San Diego and surrounded by other wonderful areas to explore.

Making the Move

Our agency has many seasoned professionals who are very familiar with the real estate market in El Cajon.  We can help devise a plan to help you sell or buy real estate in here.  We have all of the latest information to set a list price or make a reasonable offer.  We also keep the most recent lists of distressed property on the market and can assist there as well. This is a great time for sellers and buyers.  No matter what the decision, everyone has an opportunity to benefit. 

Share This Post
Aug. 5, 2012

Life in El Cajon

El Cajon is a city in the East County area of San Diego County and is bordered by La Mesa, Santee, Spring Valley and an unincorporated section of San Diego County on the east.  Just 15 miles east of the city of San Diego, El Cajon sits in a valley surrounded by mountains and encompasses 14.4 miles of land.  It has a population of over 100,000 (California Department of Finance, 2011) and is the largest city in the East County section. 

Highlights of El Cajon

El Cajon has a lot activity to offer its residents.  Not only is it a short drive to downtown San Diego, it has a wonderful downtown area that offers a perfect combination of historic and more modern architecture.  Downtown El Cajon has undergone a major revitalization over the past 10 years in an effort to make it more appealing in order to attract more business to the area.  In fact the area received a National Main Street certification for its positive results.

There is a variety of art galleries, shopping and restaurants throughout downtown El Cajon.  Known by the locals as “East County’s Cultural Zone,” El Cajon has a designated arts district which includes the Olaf Wieghorst Museum and Art Center. 

To keep the downtown area popular, there are always events on the Promenade including concerts every Friday between May and September as well as the weekly events tied to the Cajon Classic Cruise held every Wednesday.

In addition to the arts and culture, El Cajon is home to the nationally renowned Mother Goose Parade.  This huge parade happens the Sunday before Thanksgiving and is the largest parade in San Diego County not to mention one of the largest in the country. 

The Residents of El Cajon

El Cajon is a growing city with a population of about 100,000 people.  Most of the people work in sales, administrative roles, service and professional positions.  The median age is about 34 years old and the median household income is around $50,000. 

Neighborhoods in El Cajon

Neighborhoods in El Cajon consist of homes of various sizes and price ranges.  Some of the neighborhoods like Singing Hills, Avocado Estates, and Rancho San Diego feature gated communities.  Other communities like Blossom Valley offer homes on multi-acre lots.  Single family homes are priced anywhere from the mid-$200s to almost $2 million.    Condominiums and townhomes are priced between the low-$100s to upper-$300s.

 Living in El Cajon

Located just a short drive from downtown San Diego, El Cajon is an ideal spot for first time buyers, those wanting an upgrade, and those who want to escape the action of San Diego but still want the conveniences and amenities.  With so many fun events, cultural attributes and reasonably priced homes, it is no wonder that people are discovering all that El Cajon has to offer.

Share This Post
Aug. 2, 2012

The Solana Beach Real Estate Market

Solana Beach is an ideal spot in which to settle down as it offers something for everyone.  Situated along over 1.5 miles of coastline, Solana Beach is located in the affluent North County Coastal section of San Diego County with Cardiff-by-the-Sea to the north, Del Mar to the south, and Rancho Santa Fe to the east.  

Known for its beautiful beaches and unbelievable views from tall bluffs, Solana Beach also has a wonderful historic feel dating back to its roots in the late 1800s.  The main downtown area features a combination of more modern and new architecture combined with that of the historic buildings. 

Solana Beach Neighborhood Highlights

Solana Beach is divided by Interstate 5, the main interstate artery that runs north and south from Washington State to the US/Mexico border.   The atmosphere in the area deemed “west of I-5” is a much laid back, beach-y lifestyle.  Here there is a mix of homes with beautiful single-family homes situated along the bluffs overlooking the beaches as well as throughout the area west of I-5.  Some of the more popular neighborhoods are Loma Del Cielo West, Solana Hills, and Solana Del Mar which are situated more inland, and Old Solana Beach and homes near Fletcher Cove near the coast.  Single family homes, for the most part, begin around the $700K mark for homes more inland and climb well in the multi-millions for those situated close to the shore.

There are also some very nice condominium and townhome communities some of which are gated.    One of the most popular and well known areas in Solana Beach is the Cedros Design District.  Here, La Mer is a gorgeous and unique community where homes start at about $800K and climb to well over $1 million.  Others include oceanfront communities like Seascape Sur, Las Brisas and Surfsong where homes are priced from the mid-$900s.  Further inland but still west of I-5 include Sea Turf and the Solana Beach and Tennis Club with prices starting in the mid-$600s.  Solana Circle, Saratoga West, Eden Gardens, and Del Mar Beach Club feature condominium homes starting in the mid-$500s.

The other half of Solana Beach is known as “east of I-5” and is much more sophisticated.  The main neighborhoods are Lomas Santa Fe, Santa Fe Hills and San Elijo Hills.  These neighborhoods feature gorgeous executive homes on larger lots than on the west side of town that start in the upper-$700s to almost $2 million.  Condominium communities such as Santa Helena Park and Saint Francis Court include homes that start in the mid-$600s. 

Solana Beach Real Estate Statistics

Solana Beach is an area in San Diego County in which condominium home prices continually increase while single family homes prices are not as quick to bounce back.  The most recent median sale price for single family homes is $860K, down about 34 percent from last year, while condominium homes have increased 45 percent over last year.  Although the number of sales for single-family homes was not at all stellar last month, condominium homes were up solidly over the year.  The most notable point is that there are nice increases in the number of pending sales.  As for the amount of time homes stay on the market, both average about 2 to 3 months on the market.  

The Solana Beach Real Estate Market

Solana Beach appeals to different groups of people, primarily those who want to live at or near the beach, those seeking vacation or second homes, and real estate investors looking at vacation rentals.  For all of them, it is important to consider location and the type of home.  With condominium home prices increasing each month and single family home prices soon leveling off, now is the time to consider Solana Beach for a home purchase.  It has something for everyone!

Share This Post
Aug. 2, 2012

Living in Solana Beach

Welcome to Solana Beach!  Located in the North County Coastal section of San Diego County, Solana Beach sits atop tall bluffs that overlook about 1.5 miles of narrow beach.  This affluent city encompasses 3.6 square miles and has a population of 12,867 people.  It is bound by Cardiff-by-the-Sea to the north; Del Mar to the south; Rancho Santa Fe to the east; and, the Pacific Ocean to the west. 

There are several interesting tidbits about Solana Beach.  It was settled in 1886 as Lockwood Mesa then became Solana Beach in 1923 but was not incorporated as a town until 1986.  Solana Beach is most well known for being the first city in the continental US to ban smoking on public beaches in 2003.

In terms of weather, Solana Beach offers the best of both worlds.  In the summer, the highs are in the low-70s and the lows are in the mid-60s while the temps in the winter are in the low to mid-60s during the day and the mid-40s at night.

The Highlights of Solana Beach

There is so much that draws people to Solana Beach real estate.  In addition to the allure of this oceanfront community, there are a number of popular spots that are frequented by locals and visitors.

Probably the most widely known area of Solana Beach is the Cedros Design District.  In addition to the enormous amount of shops, art galleries, clothing boutiques and quaint cafes, this area features the weekly farmers market held on Sundays and the monthly Gallery Night, a gallery crawl held the third Thursday each month. 

Another shopping district is along Highway 101 in the downtown area of Solana Beach as well as along the beach.  Highway 101 features newly designed shopping centers mixed in with historic buildings and the Solana Beach train station as well as great restaurants, unique shops and quaint beach motels. 

Solana Beach has over 1.5 miles of beach and offers four popular beaches that cater to different crowds.  Fletcher Cove, the main beach of Solana Beach, is a favorite everyone.  Here it is a common place for locals at sunset.  Tide Beach Park is known for its large reef off shore that creates a perfect tidal pool at the northern border.  In addition to being a hot spot for families, it is also a favorite for surfers and others participating in water activities.  A similar crowd flocks to Seascape Surf as it has a wide beach for beach activities and is also a hot spot for surfers (remember that surfers sometimes refer to Seascape Surf as Cherry Hill).  Finally, Del Mar Shores Beach is a great spot for water activities but is a basic beach with no amenities.

Living in Solana Beach

Solana Beach is a great place to raise a family.  It is a very safe and mostly residential community that offers the beach lifestyle with many conveniences and amenities. 

It is divided into two major sections by Interstate 5 which runs north and south through all of San Diego County.  West of I-5 features neighborhoods and communities with older homes on hillsides, in canyons, on bluffs along the coast and gated condominium communities.  It has a very beach-y flavor to it and a laid-back lifestyle.   East of I-5 is the complete opposite with more of an exclusive atmosphere with executive homes on large lots as well as lovely condominium communities.

Who Lives in Solana Beach?

The residents of Solana Beach are people who want to live at or near the beach but want more conveniences at their disposal.   They are very active and enjoy being outside.   The median age is about 44 years old and features a median household income of about $86K (2010 Census).  Many people who live in Solana Beach work for companies throughout the northern part of San Diego County.

Coastal Living at Its Finest

Solana Beach is absolutely one of the best places to live in Southern California.  For those who desire to live at or near the beach, it is the ultimate spot.  It has the charm and old-style character of a true beach town along with the modern conveniences and amenities that are found in larger metro areas.  It is the perfect area to live, play and raise a family.

Share This Post
Aug. 1, 2012

Buying and Selling Real Estate in Solana Beach

In general, the real estate market in San Diego County has seen some positive movement over the past few months.  With a population of just under 13,000 people and a median household income of about $91K, this affluent community is situated along 1.7 miles of the Pacific Ocean with Del Mar to the south, Cardiff-by-the-Sea to the north and Rancho Santa Fe to the east. It features a lot of activity for residents and vacationers to enjoy in terms of events, restaurants, the arts, and shopping.  Additionally, the beaches are great for outdoor and water activities including surfing, swimming, beach volleyball, or simply sunning.

Selling Real Estate in Solana Beach

The real estate market in Solana Beach is somewhat topsy turvy right now.  Condominium homeowners are sitting in a very good position at this time as prices show nice increases.  However, single-family homes are slower to rebound.  The most recent median sale price for condominium homes sits at just under $600K, a 45 percent increase over last year, while that of single family homes is at about $860K which is 34 percent lower than last year.   Additionally, the number of sales for condominium homes more than doubled from last year while single family homes dropped.  On a positive note, however, the number of pending sales for both types of homes shows solid, double digit increases over last year.  Another interesting fact to note is that the number of active listings is down which eventually helps prices increase – basic law of supply and demand.  Buyers are out there and ready to buy.  Because of the location of Solana Beach, real estate investors are very interested in this area for vacation rentals and other buyers are out there interested in second and vacation homes.

Buying in Solana Beach

The time is right to buy in Solana Beach.  Because single-family homes have been slow to turn the corner, there are deals out there.  For condominium homes, solid increases show that condominium homes are a solid investment that will increase as time goes on.   It is important to point out that the number of active listings is down from a year ago so making a move is necessary if there is a strong desire to buy in Solana Beach.  Additionally, property stays on the market about 2-3 months signaling another reason to make the move.

In terms of foreclosures and short sales, they are a handful of each of them on the market.  Buyers interested in this type of sale can expect to benefit somewhat but will need to put some work in the home for updates and repairs.

Relocating to Solana Beach

Solana Beach is a great spot to consider for relocation when moving to the North County Coastal section of San Diego County.  It is an especially perfect area for families.  Our agents have all of the necessary information including the important phone numbers and school information to make a move easier.

The Big Decision

Whether to buy or sell is a personal choice based on so many reasons.  While some areas in San Diego County are seeing the real estate market rebound, Solana Beach is a little slow to follow suit.  It is still somewhat a buyers’ market but not for long.  That will change as the market continues to strengthen and grow.  Our agents have a lot of experience with the Solana Beach real estate market to help sellers and buyers with their most prized investment.  Give us a call to talk about the opportunities.

Solana Beach offers something for everyone in terms of the beach lifestyle and the conveniences of a metro area.  Take a look at this wonderful beach town.

Share This Post
July 27, 2012

Making Real Estate Decisions in Carlsbad

Situated in the northeastern part of San Diego County, Carlsbad is a picturesque coastal resort community.  With a population of just over 100,000 and an expansive coverage of over 40 square miles, this ideal beach community is home to a broad spectrum of real estate opportunities from first time home buyers to real estate investments to second/vacation homes to even those wanting to “move up” to a larger home or one in a more affluent area of San Diego.

Selling a Home in Carlsbad

Carlsbad’s real estate market seems to have leveled off and quite possibly even begun to climb which is good news for those considering a sale of their property.  Single-family homes are seeing the most increases with the average sale price most recently at about $650K.  As for the number of sales and pending properties, these important figures show consistent growth month to month and even stronger growth year to year.  Property stays on the market for about 80 days (two and a half months) which is great for sellers wanting to sell one home in order to buy another.  Condominium properties have an average price is just over $300K which is down ever so slightly over the past months.  But the good news is that the number of sales and pending contracts continues to show substantial growth indicating that people are buying this type of real estate.  The average number of days on the market is about 90 days which is down from previous months and the past year showing that the properties are selling faster.

Let one of our agents help you list, market and sell your Carlsbad home to the right buyer.  We know the market and we know how to help you get the most out of your home.

Buying a Home in Carlsbad

For buyers, the time to buy is NOW!  Although single family home prices are beginning to rebound, there is still time to get a great deal on a beautiful home.  Buyers may walk into a new home with equity or at least begin to quickly build it.  Condominium properties are slower to turn around so there are awesome opportunities to buy in well sought after communities in Carlsbad.  Because the average number of days on the market for single family homes and condominium properties is under 90 days, it is important to act when the right property is found as it will be snapped up by someone else.

In terms of distressed property, foreclosures and short sales are more prevalent with condominiums than single family homes.  As with all sales of this kind, patience and being at the right place at the right time are the keys to finding a fantastic real estate prospect.

Our agents have all of the latest information, not to mention tons of experience, on Carlsbad real estate to help buyers find a home that meets and exceeds your needs and desires.  We also can keep buyers informed on newly updated lists of distressed properties.

 

Relocation Efforts in Carlsbad

While the process of packing one home and moving to another is daunting, other efforts such as finding temporary housing, if needed, getting the necessary information about schools, setting up utilities and all of the other details of relocating are overwhelming as well.  Our relocation staff is here to help make the process a little easier. 

Take the Next Step

This is a good time for buyers and sellers to look at the real estate market in Carlsbad.  For sellers, list prices and sale prices continue to grow.  For buyers, the market is rebounding but has a way to go so there are ample opportunities to get “more home.”  For both sides, timing is of the essence so a plan of action is definitely necessary!

Share This Post
July 27, 2012

Carlsbad Real Estate – A Little Something for Everyone

Welcome to one of the most upscale, yet laid back cities in Southern California….Carlsbad.  Situated in the North County Coastal section of the San Diego metro, Carlsbad is lovely coastal community 35 short miles north of downtown San Diego and only about 90 miles south of Los Angeles.  This tourism driven town has a population of just over 100,000 people who work and play in the area. 

Although Carlsbad is also home to some of the best golf courses at posh resorts like Aviara Resort and La Costa Resort that cater to vacationers, it has a very close-knit community of full time residents that love where they live and enjoy all that Carlsbad has to offer in terms of community events, art galleries, and outdoor activities and festivals. 

Where to Live in Carlsbad

Carlsbad is divided into four sections called “quadrants” – Southeast, Southwest, Northeast and Northwest. Within these areas is a tremendous variety of neighborhoods that feature homes of different styles and price points.  One of the best qualities of Carlsbad is that the prices points of real estate run the gamut making it affordable for many people to buy here whether buyers are first-time buyers or buying a second or vacation home. 

Many of the communities are very well laid out planned communities that incorporate community centers, lots of green space, trails and smaller neighborhoods like in La Costa, Aviara and Calavera Hills.  Within these neighborhoods, there is a mix of single family homes, condominiums and townhomes.  Activities are abundant as well with kids’ sports and events and summertime concerts. 

Several smaller gated communities are spread out through the area like Harbor Pointe, Waters End and Mar Brisas.  Other gated communities are situated within the larger areas of La Costa and Aviara such as La Costa Ridge, Aviara Point and Bella Lago.  Homes within these communities are priced anywhere from the upper-$300s to low-$400s to over $1 million. 

In terms of condominium and townhome communities, there are tons from which to choose.  Because this is a resort area as well, many residents have second and vacation homes in Carlsbad some of which are in these communities.  There are condominiums that start as low as the mid-$100s and climb into the millions depending on the location and the views. 

On the lower end, units in the Grove start in the mid-$100s and are excellent choices for first time buyers.  The resort community of La Costa also features smaller condominiums starting in the mid to upper-$100s which is ideal for retirees wanting to live in Carlsbad as well as those wanting a resort lifestyle near some of the best golf in the area.

In Olde Carlsbad and the Village, buyers can expect to pay anywhere from the mid-$300s to the mid-$900s for homes in condominium and townhome complexes.  Some are even priced over $3 million, again, depending on the view and the location. 

The Important Stuff -- Statistics of the Market

The real estate market in Carlsbad is finally beginning to see a slight turn especially with single family homes.  The most recent average price of a home is about $650K which is up from previous months.  As for the monthly number of sales, they continue to make substantial climbs as do the number of pending sales.  Homes generally stay on the market for about 80 days (just over two months).

The average price for a condominium property is just over $300K which is down a tiny bit over previous months and from last year.  In terms of the number of monthly sales, while they are down from the past months, they are up substantially from last year as are the number of pending properties.  The average number of days on the market for condominiums is just under 90 days which is down substantially from previous months and year to year.

In a Nutshell

If you want a Southern California lifestyle near the coast line, Carlsbad is an excellent spot to consider.  It encompasses, charm and elegance with a warm, friendly and laid back lifestyle in a way that is hard to beat.  There is real estate at pretty much every price point which provides so many opportunities from first time buyers to real estate investors.  Carlsbad has everything and more.

Share This Post
July 27, 2012

Something for Everyone in Carlsbad

In the North County Coast region of San Diego County lies the affluent coastal community of Carlsbad.  This lovely resort town, situated about 85 miles south of Los Angeles and 35 miles north of downtown San Diego, is known for its unique shopping, tourism and comfortable lifestyle.

Established in the late 1800s, it is said that Carlsbad came about when a sailor, John Frazier, dug a well to offer water at the local train stop.  After its popularity grew, another fresh-water well was dug as it was said to have “spa-worthy” water.  The town of Carlsbad was formed at this spot and named for the spa town, Karlsbad, in what is now the Czech Republic.

Although there is much development in Carlsbad, the residents and city government are devoted to protecting the integrity of the community.  A specified amount of land within the city is protected from development of any kind.  The city also spends a significant amount of money restoring habitats that have been destroyed by development.  In fact, Carlsbad was one of the first municipalities in the state to have ordinances protecting wildlife habitat.

What Makes Carlsbad Such a Great Place to Live?

Not only does the community care about the environment of Carlsbad, it is a very active town and plays host to so many activities and events. Annual events like the Carlsbad Beach Fest, the Carlsbad Music Festival and more draw out most residents and even more visitors.  Other exciting events like the Carlsbad Triathlon bring many athletes to the area.

Arts and culture plays a big role in Carlsbad with art galleries, museums and other activities.  Some of the most popular include the Carlsbad Sculpture Garden features exhibitions from different sculptors; the New Village Arts Theatre has become one of the most popular and revered theatre companies in the entire metro area; and, TGIF Jazz in the Park which plays host to some of the best jazz concert on Fridays throughout June, July and August.

As for major attractions around the area, the most popular is probably LEGOLAND of California, an entire amusement park created from giant Lego pieces.  Families from all over California and much of the western part of the country come to Carlsbad to visit this huge park. 

Outdoor activities are plentiful in Carlsbad.  From any of the lagoons to the perfect beaches, residents love to fish, surf, and swim.   There is a huge trail system that winds through the area neighborhoods as well for hikers and bikers to enjoy.  Finally, many of the golf courses here are some of the best in the country.

Why Do People Love Living in Carlsbad?

Although there is a diverse population in Carlsbad, many of the residents have retired here for the resort lifestyle or have moved here because they work in the area and want their kids in the schools here which are some of the best in the state.  There are several major and well-known companies that are headquartered in Carlsbad like Callaway Golf, Cobra Golf, Jenny Craig and No Fear Apparel.   

The population of Carlsbad is significant with over 105,000 people living here.   The area continues to grow in popularity which is reflected by the 35 percent growth in population since 2000.  The median age is about 40 years old and the median income is well over $100K. 

Finally, the best part of living in Carlsbad is the climate.  This subtropical paradise is perfect year round with lows in the mid-40s during the winter months and mid-60s during the summer months.  As for highs, they range between the mid-60s in the winter and mid-70s in the summer.  Weather cannot get much better than that!

Neighborhoods in Carlsbad

Carlsbad is pretty much divided into four sections.  Each has its own character as well as a nice mix of single-family homes, condominiums and townhomes.    For the most part, the northwest section includes the downtown area, the Village, and Olde Carlsbad.  It is considered to be the oldest part of Carlsbad and is home to quaint cottages and bungalows as well as stately coastal mansions.  The northeast section is comprised mostly of single family homes and townhome communities with limited shopping.  As for the southeast section, this is the most newly developed area of Carlsbad with the largest number of homes.  It is also home to the La Costa Resort and Spa.  Lastly, the southwest section is situated along the coast and features the 90211 zip code, one of Forbes Magazine’s Most Expensive Zip Codes.  Aviara is one of the most exclusive neighborhoods in Carlsbad and is home to the Park Hyatt Resort and the Aviara Golf and Country Club.

Carlsbad Has It All

For those who want the best golf or those who have a strong pull to the ocean, Carlsbad has something for everyone.  With so many companies located in and around Carlsbad, families have settled here because of the schools as well.   This community is definitely the best of the best!

Share This Post