NORTH COUNTY HOME SALES TURN SKYWARD IN JULY!!!!
August 14th, 2008 Categories: Carlsbad City, Carlsbad Real Estate
CARLSBAD– I REALLY like the North County Times. No REALLY like the North County Times. See instead of creating a catching headline and article bent on the negative side of our current real estate market, they saw the bright side. The old ‘glass half full’!!!
In Tuesday’s edition of the paper, the headline read, “Area home sales jump”, and the accompanying article and chart broke it all down for us.
“Sales leaped 22 percent from the same time a year ago, the first substantial increase in sales since purchases tanked in 2006.”– North County Times, 8/13/2008
Now, I REALLY like the North County Times, and we sure could use some good news, but these jumps in numbers were not across the board.
Areas jump, while Carlsbad’s housing sales flop
Two of the three zip codes, 92083, 92084 and 92027, that saw the biggest gains, 525%, 214% and 211%, had median home sales of less than $275,000. In fact these areas, Vista and Escondido, saw all there zip codes 
make huge sales improvements.
Unfortunately, Carlsbad’s best change was 0% percent for 92009. The other three zip codes saw negative change of 18, 27 and 33 percent. Carlsbad most affordable zip code, 92010, saw the least negative change of 18%.
While the magic number seemed to be $350,000, as every zip code at or below that number saw improvement, the big number for Carlsbad seems to be $500,000, as there now are 26 single family detached homes for sale at or below that price point. A year ago this would not be the case. To take advantage of the current market, contact Brian Long for more information or further assistance.
To see all the data, click on the chart pictured. Also, if you are considering buying or selling contact your Carlsbad realtor Brian Long here.
No Comments yet »
RSS feed for comments on this post. TrackBack URI
