Monday June 16, 2014
Rebecca Van Wieren's
Executive Summary
CARLSBAD, CA 92008
Single Family Homes
This Week
The median list price in CARLSBAD, CA 92008 this week is
$920,000.
Inventory and days-on-market are both trending higher recently.
However, the improving Market Action Index implies some
increased demand will temper the negative trends.
Real-Time Market Profile
Trend
Median List Price
$ 920,000
Asking Price Per Square Foot
$ 374
Average Days on Market (DOM)
81
Percent of Properties with Price Decrease
37 %
Percent Relisted (reset DOM)
13 %
Percent Flip (price increased)
19 %
Median House Size (sq ft)
2775
Median Lot Size
8,001 - 10,000 sqft
Median Number of Bedrooms
4.0
±+
≠≠
=
Median Number of Bathrooms
Supply and Demand
Market Action Index
The market has been cooling over time and prices plateaued for a
while. Despite the consistent decrease in MAI, we're in the Seller's
zone. Watch for changes in MAI. If the MAI resumes it's climb, prices
will likely follow suit. If the MAI drops consistently or falls into the
Buyer's zone, watch for downward pressure on prices.
±+
No change
2.5
Seller's Advantage
31.6
≠≠
== Strong upward trend ≠≠ Strong downward trend
= Slight upward trend ≠ Slight downward trend
Price
Market Action Index
Prices in this zip are remaining at a plateau, albeit significantly
below the market's peak. This week prices bumped down a bit,
but not enough to indicate a resumed downward trend. Look for
a persistent up-shift in the Market Action Index before we see
prices significantly move from these levels.
Price Trends
7-Day Rolling Average
90-Day Rolling Average
Buyer/Seller Cutoff
The Market Action Index answers the question "How's the
Market?" by measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.
Quartiles
7-Day Rolling Average
Characteristics per Quartile
Quartile
Median Price
Sq. Ft.
Top/First
$ 1,675,000
Upper/Second
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes
ordered by price.
Lot Size
Beds
Baths
Age Inventory New Absorbed DOM
3435
0.25 - 0.50
acre
5.0
4.0
16
17
1
0
156
$ 1,080,000
3150
8,001 10,000 sqft
4.0
3.0
13
17
0
0
77
Upper-middle 25% of properties
Lower/Third
$ 795,000
2216
0.25 - 0.50
acre
4.0
2.5
29
17
0
2
51
Lower-middle 25% of properties
Bottom/Fourth
$ 650,000
1916
8,001 10,000 sqft
3.0
2.0
37
17
3
4
39
Least expensive 25% of properties
Most expensive 25% of properties
Rebecca Van Wieren | La Costa Resort Real Estate | (760) 594-2471
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