U.S. existing-home sales unexpectedly slipped 1.0% month-over-month and 3.5% year-over-year to a seasonally adjusted annual rate of 3.84 million, the lowest level in more than a decade, according to the National Association of REALTORS® (NAR). Prospective buyers have pulled back in recent months,
despite lower mortgage rates and more home choices compared to the same time last year.
- Closed Sales increased 11.7 percent for Detached homes but decreased 12.9 percent for Attached homes.
- Pending Sales increased 13.6 percent for Detached homes and 2.2 percent for Attached homes.
- The Median Sales Price was up 0.7 percent to $1,157,500 for Detached homes and 6.5 percent to $775,000 for Attached homes.
- Days on Market increased 15.4 percent for Detached homes and 63.2 percent for Attached homes.
- Supply increased 13.0 percent for Detached homes and 25.0 percent for Attached homes.
There were 1.39 million homes for sale heading into October, a 1.5% increase from the previous month and a 23% increase from the same period last year, for a 4.3-month supply at the current sales pace, according to NAR. Even with improving supply and the slower sales pace, home prices have continued to
rise nationwide, with NAR reporting a median existing-home price of $404,500 as of last measure, a 3% increase from one year ago.
The numbers by city:
These numbers are for Single Family Detached homes and do not include Attached Homes, aka condos and townhomes.
DOM = Days on Market
% List Price = Percentage of the original list price that the home sold for.
Carlsbad
Month | Avg Sold $ | Chg | DOM | Chg | Sold Homes | Chg | Active Listings | Chg | % List Price | YoY Chg |
---|---|---|---|---|---|---|---|---|---|---|
10/24 | $1,938,000 | -1% | 27 | -4% | 171 | -9% | 146 | 16% | 96.4% | 9.0% |
09/24 | $1,950,000 | 1% | 28 | 17% | 188 | 8% | 126 | -2% | 96.6% | 10.9% |
08/24 | $1,934,000 | -1% | 24 | 9% | 174 | -5% | 128 | 2% | 97.5% | 6.6% |
07/24 | $1,948,000 | -3% | 22 | 22% | 183 | 2% | 125 | 7% | 98.9% | 4.7% |
06/24 | $1,999,000 | -1% | 18 | -5% | 179 | -5% | 117 | 17% | 100.0% | 4.1% |
05/24 | $2,024,000 | -1% | 19 | -5% | 189 | 11% | 100 | 18% | 100.4% | 6.5% |
04/24 | $2,039,000 | 4% | 20 | -17% | 171 | 20% | 85 | 8% | 100.5% | 13.7% |
03/24 | $1,960,000 | -3% | 24 | -4% | 142 | 21% | 79 | 5% | 100.1% | 18.3% |
02/24 | $2,024,000 | 1% | 25 | -14% | 117 | 17% | 75 | -12% | 99.4% | 27.0% |
01/24 | $2,005,000 | -0% | 29 | 12% | 100 | -2% | 85 | -6% | 97.7% | 25.5% |
12/23 | $2,013,000 | 12% | 26 | -4% | 102 | -20% | 90 | -10% | 96.9% | 24.0% |
11/23 | $1,795,000 | 1% | 27 | 23% | 128 | -15% | 100 | 4% | 97.2% | 13.1% |
10/23 | $1,778,000 | 1% | 22 | 16% | 151 | -19% | 96 | -5% | 98.3% | 10.2% |
09/23 | $1,759,000 | -3% | 19 | 27% | 186 | -3% | 101 | -3% | 98.5% | 3.3% |
08/23 | $1,815,000 | -2% | 15 | 7% | 191 | 7% | 104 | 1% | 99.6% | 0.7% |
07/23 | $1,861,000 | -3% | 14 | 0% | 179 | 15% | 103 | 6% | 100.0% | 2.2% |
06/23 | $1,920,000 | 1% | 14 | -26% | 156 | -3% | 97 | 23% | 100.3% | 3.0% |
05/23 | $1,900,000 | 6% | 19 | -17% | 161 | 15% | 79 | 22% | 100.0% | 2.4% |