Is Carlsbad, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carlsbad is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Carlsbad has remained a Seller's Market.

Key Takeaway

Carlsbad is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carlsbad, CA

How much do homes in Carlsbad, CA cost?

Median Sold Price

$1,507,107

$699/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$140,334(+10.3%)

Key Takeaway

Homes in Carlsbad have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Carlsbad was $1,507,107 in September 2024, up 10.3% from last year, and the median price per square foot was $699.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $600K$592.5K
-1.3%
2 $830K$850K
+2.4%
3 $1.2M$1.3M
+16.6%
4 $1.6M$1.8M
+11.1%
5+ $2.1M$2.2M
+2.3%

Summary: Carlsbad housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Carlsbad
+10.3%
Oceanside
+9.3%
Vista
+8.6%
Encinitas
+7.8%
San Marcos
+4.4%

Housing Supply in Carlsbad, CA

How many homes are available in Carlsbad, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
362361-0.3%

Summary: The Carlsbad real estate market had 361 homes for sale in September 2024, a 0.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 97
-22.2%
2 7771
-7.8%
3 121124
+2.5%
4 9294
+2.2%
5+ 6365
+3.2%

Summary: The Carlsbad housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
9883-15.3%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carlsbad, you may be able to get a good deal. 63.9% of homes here sold below asking price last month.

Summary: A total of 83 homes were sold or pending in Carlsbad in September 2024, down by 15.3% month-over-month. Of the 83 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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

Sep 2023Sep 2024CHANGE
23 Days30 Days+25.8%

Summary: Homes in Carlsbad had an average of 30 days on market in Sep 2024, up by 25.8% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carlsbad are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 83 homes were sold in Carlsbad; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

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