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This week in Carlsbad real estate

This week in Carlsbad real estate

The Altos Research Report this week for Carlsbad shows much of the same as the past couple of weeks.  Here is a deeper look into the numbers for the market throughout all 4 Carlsbad zip codes:

  • 196 - Number of homes that have come on the market since June 1st
  • 46 - Number of those homes that have alread entered into escrow (23%)
  • 144 - Total number of homes that entered into escrow since June 1st
  • 140 - Number of closed sales since June 1st
  • 118 - Number of closed sales between June 1st, 2011 and June 29th, 2011

While the number of new listings on the market is a bit higher than the number of homes that entered into escrow during the same time period, it is still relatively balanced.  With 23% of the new listings going into escrow in less than 30 days, we can see that well-priced homes are still attracting attention and offers.  It is also encouraging to see the 18% increase in closed sales versus the same period last year.

California home sales were up by a large amount on a year-over-year basis in May.  To learn more about the details of the housing market in California in May, view this video by Leslie Appleton-Young, Chief Economist for the CaliforniaAssociation of Realtors.

Call us if you have questions about the real estate market in your area.

Bryan Devore

Prudential California Realty

(760) 908-3838

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