Pick City: Carlsbad (Week of Dec. 2, 2013)

Carlsbad - Week of December 2, 2013

Single Family Homes

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This Week The median list price in CARLSBAD, CA this week is $899,450. The 188 properties have been on the market for an average of 83 days. Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Supply and Demand Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.

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Median Price

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

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Inventory of Properties Listed for Sale

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

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Data Provided by and Copyright Altos Research LLC