Carlsbad Annual Real Estate Market Trends

Zip Codes: 92008, 92009, 92010 and 92011

Carlsbad
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $338,904 $304,000 800 38 96.9%      
1999 $380,675 $335,000 970 48 96.6% 12.3% 10.2% 21.3%
2000 $449,837 $394,500 1,077 45 97.5% 18.2% 17.8% 11.0%
2001 $486,820 $434,600 1,049 48 97.0% 8.2% 10.2% -2.6%
2002 $540,508 $492,750 1,404 46 96.9% 11.0% 13.4% 33.8%
2003 $616,428 $578,500 1,298 41 97.2% 14.0% 17.4% -7.5%
2004 $804,058 $749,900 1,141 35 96.5% 30.4% 29.6% -12.1%
2005 $855,281 $780,000 1,085 50 95.8% 6.4% 4.0% -4.9%
2006 $866,744 $795,000 625 64 95.4% 1.3% 1.9% -42.4%
2007 $852,280 $782,250 890 63 95.3% -1.7% -1.6% 42.4%

Carlsbad
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $178,652 $164,000 686 46 97.7%      
1999 $186,679 $174,950 728 42 97.6% 4.5% 6.7% 6.1%
2000 $226,302 $215,000 756 38 97.8% 21.2% 22.9% 3.8%
2001 $262,570 $248,000 631 33 97.7% 16.0% 15.3% -16.5%
2002 $304,423 $290,000 861 38 97.8% 15.9% 16.9% 36.5%
2003 $349,696 $335,000 926 35 97.5% 14.9% 15.5% 7.5%
2004 $435,462 $424,000 856 28 97.8% 24.5% 26.6% -7.6%
2005 $495,221 $465,000 689 53 96.3% 13.7% 9.7% -19.5%
2006 $475,387 $440,000 395 64 95.6% -4.0% -5.4% -42.7%
2007 $449,216 $424,500 454 65 96.0% -5.5% -3.5% 14.9%

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DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.