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January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Carlsbad, California

Reported by Lisa Blanchard 858-335-1345, REALTOR

Updated December 11, 2008.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

The following are the November 2008 statistics for both Detached and Attached homes.

1. The median price for all North County home sales - attached and detached - decreased
11.1% in November from October, to $314,950.

A. Detached homes in North County decreased 12.25%, from October to November, from
$408,000 to $358,000.

i. Detached home prices OUTSIDE North County decreased 5.8% from October to
November from $345,000 to $325,000.

ii. November median single-family detached homes in North San Diego County fell
39.22%, from $589,000 in November 2007. The median price OUTSIDE North County for
single-family homes fell 29.35% from the $460,000 a year ago.

iii. The countywide median price of homes sold decreased from $365,000 in October 2008
to $339,500 in November 2008 and was down 35.88% from the November 2007 number.

B. Attached home prices in North County decreased during November by 13.46%, from
$208,000 a month earlier to $180,000.

i. Non-North County attached home prices increased one percent in November; from
$201,000 to $203,000.

ii. North County attached homes decreased 47.6% from $343,500 a year ago.

C. Median days-on-market for single-family detached homes in North County decreased
from 44 to 38 days between October and November. The number of North County
single-family homes sold decreased 28.7% last month, from 812 to 579. There was a
year-to-year increase of 31.59% from the 440 homes sold in November 2007.

Statistics are per Homedex

ZIP Codes: 92008, 92009, 92010, 92011

Location Characteristics: known as the "Triathalete Capital" - The North County coastal city of Carlsbad dates back more than a century and encompasses over 42 square miles, including three lagoons and over six miles of coastline. Over 80,000 people live in Carlsbad.
The city is governed by a five-member city council under a council/manager form of government. Carlsbad's city government and planners have been widely acknowledged in their efforts to
preserve 40 percent of the city as open space, even at the projected build-out population of about 130,000,
Carlsbad boasts two libraries, a regional shopping center, a charming coastal village, over two dozen car dealerships, LegoLand - a world-renowned theme park, and a diverse and prosperous mix of high-tech, biomedical, golf and other industries. Carlsbad's beautiful scenery provides the setting for the San Diego Marathon, the Carlsbad Triathlon, The Carlsbad 5000, and many other sporting and fitness events.


For More Information:

View Market Conditions of other areas served by Lisa Blanchard 858-335-1345

Navigate: Top > California > Carlsbad

About Lisa Blanchard 858-335-1345:
San Diego county has been my home for over 14 years and I serve clients from all over the county. As your "High Tech/High Touch" REALTOR I am able to use technology to aid my clients in buying or selling real estate. With nearly 80% of all buyers finding their homes online, it is imperative to have an agent who can provide tools to enable the buyer to find and assess property quickly. Time is money and I respect my client's time by providing them with their own personalized website for viewing properties that meet their search criteria.
For my seller's, I provide a wide range of Internet advertising including exclusive advertising on YAHOO! My clients receive regular feedback via email showing them how many "hits" their property has had on the various websites where I have advertised their home.
Please visit my website: www.LisaBlanchard.com for full access to the San Diego MLS and for information on my many services including: home staging, relocation, real estate toolkit, etc.

Contact me today for all your Real Estate needs - 858-335-1345


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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