Here are the data I have summarized from the MLS as of the end of September (as I do for all the coastal communities I service) for Carlsbad (all 4 zips). Just a couple of quick notes:
- The inventory has dropped off a little from the previous month
- The number of homes sold has increased as a percentage of total volume
- There is approximately a 7-month supply of homes (both attached and detached) when looking at the number of sales in the last 6 months as a function of the number of active homes at the end of September.
AS OF SEPT. 30, 2006 | ATTACHED HOMES | DETACHED HOMES |
Active | 359 | 613 |
Sold in Last 6 Months | 297 | 499 |
Sold/Pending In Last 6 months | 349 | 606 |
Absorption Rate (Solds) | 218 | 221 days |
Absorption Rate (Solds Plus Pendings) | 185 | 182 days |
Average Days on Market | 59 | 61 |
Median Price Change From 1 Year Ago | 0% | 0% |
Median Price | $466,125 | $774,000 |
Average Price | $486,910 | $807,010 |
New on Market in Sept. | 79 | 142 |
Pending in Sept. | 22 | 38 |
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