March 2014 Update North County Monthly Market Trends

February sales were below average for this time of the year and inventory at 611 detached homes is way up on the very low figure of 431 we had this time last year. Distressed homes are running about 10% with 20 out of 216 sales short or bank owned homes. Just a year ago 65 out of 252 were distressed and in February 2009 152 out of 211. We are certainly well out of the real estate recession. We still see many well priced homes selling in two weeks or less. Certainly in Carlsbad and Encinitas this is true. Continuing USA economic concerns and also more global tension than we have seen in a very long time are not helping matters. Sellers you really should be thinking of selling now as prices shot up last year and have not moved back nor have they moved up much in the last few months. The stock market did the same thing recently sharply up and just now a sett back.

Call us 760-438-1000 to save a small fortune in fees and get service our clients rave about. The first chart below is a price breakdown of zip code 92009 detached homes going back to 2004. This charts show that by the end of 2013 most homes in 92009 had recovered their value back to close to their all time high. The best performance was for the smallest homes which were within 2% of their all time homes. Almost all homes came within 10% of their all time highest value.

If you are reading this and have a home you wish to sell one day soon we urge you to get it on the market now and with sell us because we discount our fees and offer a full service top agents would be proud to match.

Please note all data on this site is for detached homes and the charts below cover North County zips codes covering most of Carlsbad, Oceanside, Encinitas and Vista. The charts below are as follows:

  1. Price trends for Carlsbad zip code 92009. New 2013 data scroll to right to see price changes.
  2. North County market trends.
  3. Carlsbad market rends.

Please note information here is copyright our company Coast and County Homes LLC and can be used with permission.

We can help you buy and sell and save you a small fortune in fees in one or both transactions with service our clients rave about. Do check this web site for the area/town of interest and look at the market trends for your zip code in each city page (scroll down for these) to give you a more detailed analysis of the market you are interested in. If your zip code is not here do call us and we will develop that analysis plus a detailed valuation of your home at no charge. Any questions please email Joanne at [email protected] or call 760-438-1000

Please use the scroll bar to the right of the charts to move the data up and down.

2. North County Market Trends – followed by Carlsbad trends

Below is a table showing the total sales for detached homes in Carlsbad, Vista, Encinitas and Oceanside zip codes (ex 92058 in Oceanside). Distressed homes is the percentage of homes sold that were short sales or bank owned. Active is the number of homes for sales at the beginning of the month. The “inv/month” column simply divides how many homes were for sale (active) by how many were sold in the last month. A breakdown of Carlsbad follows and shows trends for zip codes 92008,92009,92010,92011.

For detailed analysis of all the zip codes represented here please click each city tab and scroll down. We would be happy to give you a much more detailed analysis of your local area and what we believe your home might sell for in what we hope is a more upbeat market.