The Carlsbad real estate market has shifted quite a bit in the last several years, and buyers interested in homes at The Bay Collection near the beach in Carlsbad will find some favorable opportunities compared to when the community was first built, including an occasional short sale and REO..
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The Bay Collection - Carlsbad California (article appeared May 2007)
The homes at The Bay Collection are next to the popular, upscale area of Aviara and within about 1 mile of the beach. A number of homes here have ocean views, as the community is built on the gradual hill overlooking the ocean and close to the 5 freeway which provides easy commuting north and south. Most homes are 2-story and. a few single story homes also available.

Currently there are 8 homes at The Bay Collection for sale, ranging in size from 2964 SF up to 3352 SF, with 4 to 6 bedrooms and 4 or 5 baths. Home prices start at $875,000 for a wonderful ocean view home)(former model) with a large back yard and casita that is now a short sale (this home was priced at around a million when it came on the market early last year) and go up to $1.649 million (average price of the current listings is $1,216,624 at $332/SF; average time on market is 95 days). The price range of homes now is quite a bit less than we saw back in 2007 at the time when many homes were brand new.
13 homes at The Bay Collection have sold in 2009 to date at an average price of $1,099,011 ($314/SF), which compares favorably to the $1.055 million average back in 2007 (resales, not builder homes). These homes were on the market for 104 days on average and ranged in price from $880K up to $1.75 million.
Buyers seeking higher end properties that are relatively new in the Carlsbad real estate market will find the homes at The Bay Collection offer an enticing opportunity to be near the beach. For more information or to arrange a personal tour, feel free to give me a call.
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If I can provide more information about Carlsbad real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
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