Is Olde 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, Olde Carlsbad has remained a Seller's Market.
Housing Prices in Olde Carlsbad, CA
How much do homes in Olde Carlsbad, CA cost?
Median Sold Price
$1,625,000
$824/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Olde Carlsbad was $1,625,000 in May 2024, up 12.1% from last year, and the median price per square foot was $824.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $685K | $862.5K | +25.9% |
2 Bedrooms | $1.0M | $1.0M | -3.8% |
3 Bedrooms | $1.4M | $1.6M | +9.5% |
4 Bedrooms | $1.6M | $1.8M | +9.8% |
5+ Bedrooms | $2.2M | $2.4M | +5.0% |
Summary: Olde Carlsbad housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.9%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 5%.
Housing Supply in Olde Carlsbad, CA
How many homes are available in Olde Carlsbad, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 83 | -2.4% |
Summary: The Olde Carlsbad real estate market had 83 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 21 | 20 | -4.8% |
3 Bedrooms | 33 | 32 | -3.0% |
4 Bedrooms | 20 | 17 | -15.0% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Olde 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 decreased by 4.8%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 18 | -21.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Olde Carlsbad in May 2024, down by 21.7% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for Olde Carlsbad, CA
How long does it take to sell a home in Olde Carlsbad, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 18 Days | -3.4% |
Summary: Homes in Olde Carlsbad had an average of 18 days on market in May 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Olde Carlsbad; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.