Pick City: Carlsbad

Carlsbad - Week of March 23rd, 2014

Single Family Homes

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This Week The median list price in CARLSBAD, CA this week is $937,000. The 220 properties have been on the market for an average of 71 days. Demand measured by the Market Action Index is increasing and days on- market is holding steady. With more properties coming available, conditions are mildly positive. Supply and Demand The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we're in a Seller's Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure.

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Median Price

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.

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Inventory of Properties Listed for Sale

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

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Data Provided by and Copyright Altos Research LLC