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Your Local Executive Summary
This Week
Real-Time Market Profile Trend
Median List Price $ 787,000 ≠≠
Asking Price Per Square Foot $ 289 ±+
The median list price in CARLSBAD, CA this week is $787,000. Average Days on Market (DOM) 121 ==
Percent of Properties with Price Decrease 30 %
Percent Relisted (reset DOM) 9%
Inventory has been lightening lately and the Market Action Index
has been trending up. Though days-on-market is increasing, these Percent Flip (price increased) 3%
are mildly positive indications for the market. Median House Size (sq ft) 2823
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.0
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
However because of excess inventory, prices have not yet stopped
falling. Should the sales trend continue, expect prices to level off
= Slight upward trend ≠ Slight downward trend
soon and potentially to resume their climb from there. Watch
Price
prices as the market transitions from a Buyer's market to a Seller's
market.
Market Action Index This week prices in this zip code bumped up a bit but the trend
of recent weeks is generally downward. A pickup in demand will
be reflected in the Market Action Index, so watch that chart to
try to identify a trough in the market.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 900,000 3260 acre 5.0 3.5 9 79 7 14 137 Upper-middle 25% of properties
8,001 -
Lower/Third $ 696,500 2655 10,000 sqft 4.0 3.0 12 80 7 12 84 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 525,438 1901 10,000 sqft 3.0 2.5 23 80 4 8 110 Least expensive 25% of properties
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