Carlsbad Homes For Sale - Weekly Market Update
Posted by The Cascade Team Real Estate on
As of Monday October 24, 2011, the median price for a single family residential home in Carlsbad has begun to trend up to $711,950, with an average of 145 active days on market. While Carlsbad home prices have now moved above the $700K point, the days on market have held fairly steady. We need to see days on market begin to trend down to create more stability in pricing. While Carlsbad home price action has been essentially flat, and there doesn't seem to be a strong pull in either direction, both the 90 day and 7 day averages have recently touched the $700K price point, which would create a double bottom if prices can hold at this level. In addition, the seven day moving price average just recently crossed the 90 day average, which could be…
4501 Views, 0 Comments