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!