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Carlsbad $300K - $400K

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Carlsbad $800K - $1M

Carlsbad $1M+

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About Carlsbad

Carlsbad sits on the Pacific coast north of Encinitas and south of Oceanside. High property values, very high median family incomes, and high education levels have made Carlsbad one of the wealthiest communities in the state. The city is known for shopping, tourism, and a thriving high-tech industry. The 2010 population was estimated to be 105,328. Carlsbad is one of the few municipalities in the state to pass ordinances to protect sensitive wildlife habitats. Large areas within the city boundaries are barred from any development. The majority of San Diego County's top twenty-five employers have their locations closer to Carlsbad than San Diego.

In the 1880's John Frazier dug a well in the area. He began offering his water at the train station and soon the whistle-stop became known as Frazier's Station. The water in the well turned out to chemically very similar to one in Carlsbad in what is now the Czech Republic. The spa became a tourist attraction and took its current name.

Northern San Diego County is home for the beautiful coastal community of Carlsbad. Located merely 30 miles north of downtown San Diego, Carlsbad is a culturally diverse, thriving city with a rich past.

Carlsbad real estate is especially attractive to anyone who enjoys the sun and the beach. The City of Carlsbad has enacted ordinances to protect sensitive, vulnerable wildlife habitat. The city has dedicated significant funding to restore habitat demolished by recent development. Further, the city has agreed to set aside and protect specific areas within city limits from development. Carlsbad is a progressive city dedicated to preserving its very desirable environment.

Due to its coastal location, Carlsbad real estate is characterized by scenic beauty, a profusion of upscale housing and a low density population. Carlsbad is recognized as having a very high quality of life; crime rates are low and the city is regarded highly for its cleanliness. Carlsbad real estate can command comparatively high prices due to the proximity to the ocean and the exclusivity of various neighborhoods. Carlsbad schools are among the very best in the state.

For those looking for a charming village by the sea atmosphere, Carlsbad real estate offers numerous opportunities. With seven miles of scenic Pacific Ocean beachfront, Carlsbad offers surfing at its best and clear ocean waters for swimming.  Sun seekers find the perfect tanning rays on the beaches of Carlsbad. Shoppers will find treasures in the many unique boutiques and one-of-a-kind shops. Mall shoppers will be thrilled to find over 100 stores in one mall alone. For those with a discerning palette, Carlsbad is home to a multitude of fine dining establishments.

Known not only for its charm, Carlsbad is home to a great many attractions throughout the city.

Springtime finds much of Carlsbad real estate, especially the foothill area, blooming in a rainbow of color known as The Flower Fields. The Flower Fields attract thousands of visitors yearly when the ranunculus plants bloom during March and April.

Legoland opened in 1999 and is a unique amusement park enticing visitors and residents alike to spend the day enjoying over fifty thrilling rides, shows and attractions. Museums, arts, free concerts in the park, festivals, fairs, parades and celebrations are all found in Carlsbad for residents and visitors to enjoy.

Among the stars of Carlsbad real estate are the golf courses. Home to two world class golf resorts and thirty golf industry companies.  More recently The Crossings opened off Palomar Road and Golf magazine just voted it one of the top ten gold course you can play. Carlsbad is renowned as the world's golf capital.

Another prime piece of Carlsbad real estate is the La Costa Resort and Spa famous throughout the world for hosting the Annual Acura Classic. At this Classic, tennis fans watch as the worl's best women tennis players converge and compete in Carlsbad.

Carlsbad real estate is highly desirable. The city is upscale, safe and beautiful with a nearly endless list of attractions and amusements. Who could ask for a nicer place to live?

 

 

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Bank Owned Homes in Carlsbad

Let us help you purchase a bank owned home and rebate you 25% of our commission (subject to bank approval) on homes selling for $400K or more.  If you are ready to jump and financially qualified we can help steer you through the bank rapids to potentially the home of your dreams at a bargain price and  receive $1000's in a rebate.

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Short Sales in Carlsbad

We can help you purchase a short sale home.  However, please bear in mind this can become a very complex time consuming process that can takes many months and still lead to disappointment.  In many cases a short sale home must be bought "as is" with minimal warranties.  Many normal sale homes are priced aggressively and you may find one that meets your needs at a great price that will be far easier to purchase.  We can rebate 25% of of our commission on a normal sale over $400K in value and this will help you cover closing costs.  We are experts in finding the right homes for clients in North County San Diego and can negotiate the very best price for you and help you cover those closing costs.

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Current Market Trends in Carlsbad

The spreadsheets below track two key metrics to help determine the state of the housing market in Carlsbad zip codes. One metric measure what percentage of homes are "distressed". These are homes where the home owner is having difficulty paying of the loan. In an extreme case the home becomes bank owned and is a bank sale but in many cases a bank will allow for a short sale where the home is sold and only part of the loan is paid off with the proceeds thus falling short of the full loan amount. We have a distressed home expert on our team to help you navigate this complex area if unfortunately you are in this predicament.  As distressed homes are typically sold below market value the higher the percentage of distressed homes in an area the more likely home prices will remain depressed.  A high inventory of homes for sale relative to how many homes are sold is another key factor. The spreadsheet below calculates the distressed home % and then also calculates how many months it will take to sell off the current inventory of homes for sales.  Please refer to the active column for how many homes are for sale in a given month.  High inventory and high % of distressed homes have plagued the USA home market for the last few years but not all areas are the same. Not only do zip codes vary but developments and even streets in an area can buck a negative trend. When we develop an analysis of your home you may wish to sell or purchase we take into account all these factors and more.  Please email us or call us more information.

All statistics quoted below were derived from Sandicor's MLS data and used with their kind permission.  Information on bank and short sales is based on how agents code their MLS information and may not always be 100% accurate.  However, the overall trends indicate should be meaningful.  The information here is owned by our brokerage office is provided to help homeowners and buyers understand their specific local market conditions.  Use by other parties requires our written approval.

ZIP 92008 Market Trend Summary

A reasonable start to 2012 with 12 sales and just 25% were distressed.  At the start of February there are 62 homes for sale but just 11 homes distressed and two are bank owned.  We can send you details of all these.  A promising start we hope.

ZIP 92009 Market Trend Summary

Please see our blog for a very detailed breakdown of home prices in this zip.

http://www.coastandcountyhomes.com/for-sellers/north-county-blog.html

January saw the lowest distressed rate since last June  and no bank owned homes and there are no bank owned homes for sale at the moment in early February. There are five short sales active here out of a total of 25 for sale.  A promising start to 2012.

ZIP 92010 Market Trend Summary

January saw some bad numbers here with low sales and 67% distressed.  A rather odd result and not one we hope indicates any new issues here as 27 homes are for sale in early February with just one banked owned and four short sales.  There are 13 homes pending with 2 short sales and no bank owned so must assume January's numbers are an aberration.

ZIP 92011 Market Trend Summary

December saw an alarming jump in distressed homes to a three year high of 50% but the previous month was zero and now this January it was 38% so better news but nothing to write home about.  However, with only 12 distressed homes out of 82 for sale surely this zip is due for an improved set of numbers soon.

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