This was listed for $1,438,000 at the beginning of March, but no takers. They lowered the price to $1,398,000 after two weeks, and then moved down to $1,349,000 a week later (which usually means they weren't getting any traffic, let alone offers). By the end of May,...
Carlsbad
Record Price in Aviara!
Our listing on Aviara Drive closed escrow yesterday, setting a new record for highest price ever in Aviara (an area of 2,025 homes in SW Carlsbad). It was one of those sales that needed everything to go right, because we were thrown a real knuckleball right in the...
Terramar Open House Report
A review of our day near the beach:
Grand Canyon
My video on the previous blog post about the new apartments being built in downtown Carlsbad:
More Apartments in Carlsbad
The Carlsbad city council approved more apartments to be built at the entry to the downtown village area. Between the three projects mentioned here, there will be a total of 480 apartments....and none for sale! Excerpts: A four-story building with 156 apartments has...
La Costa Gem
The problem with describing the overall market conditions by looking at the whole group of sales is that the newer-looking one-story homes on culdesacs will always sell for a premium, and you can't say that about the others.
Carlsbad Objective Design Standards
Hat tip to 'just some guy' for sending this in! To transition away from subjective housing regulations in compliance with state law, the City Council introduced new objective development design standards during its Aug. 29 meeting. In 2021, the city of Carlsbad used...
Our New Listing in SW Carlsbad
Our list price of $1,250,000 is entry level now - this is least-expensive home for sale in the 92011: 7114 Columbine Dr., Carlsbad 3 br/2 ba, 1,559sf YB: 1978 8,032sf lot No HOA LP = $1,250,000 Open 12-3pm Saturday and Sunday!...
SW Carlsbad
This is the most recent low sale in the 92011, and thankfully it sold immediately to a cash buyer who went direct to the listing agent. And he still paid $51,000 over list: Wait until tomorrow!
Summer 2023 Pricing
The local home pricing is still off the highs of early-2022, but not by much. The smaller sample sizes (fewer sales) will make it harder to accurately identify the trends and cause more frustration/indecision for both buyers and sellers. Have we recovered, or just...