Home many short Sales, foreclosure homes and resale homes make up the coastal market?

We have many clients that are curious about foreclosure & Short Sales - and how much they make up of the current market.  The numbers below are for a 12 month period.  Below, you can see REO property is currently shrinking and short-sale home increasing.  This is due to more people short-selling as opposed to letting the bank foreclose.  Resale homes, or traditional homes, still make up a majority of the marketplace on the coast. (Want more info? Contact Tyson Lund)

For the following cities: (Carlsbad, Encinitas, Cardiff)


Territory Market Recap*

Active In-Escrow Closed (List Side) Total
REO 75 5.6% 109 16.8% 894 22.1% 1078 …

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Brookfield homes is seeing this community through and have beautiful homes now available from the mid $500s+.   Rockrose features four elegant floor plans including a single story residence.  Floor plans range from 3 bed/ 2 bath (2,116sq ft) to 4 bed/4.5 bath/+ bonus room (3,167sq ft).

Want to find the development - Located Here

Call the Lund Team, Inc for more information on currently available homes, mello-roos, neighborhood information - as well as a Top 10 Construction Do's and Don'ts!


  Rockrose Home Features Exteriors- Distinctive color schemes                  2 no-cost front yard landscape packages Interiors-  Maple cabinetry (3 no-cost color choices)                  Fireplace
                 Distinctive Delta…

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Carlsbad condominium and town home sales are robust in 2012.  Carlsbad saw an average 50 units sell a month in April versus an average of 25 in 4th quarter 2011.  The results of continued low mortgage rates and reduced inventory, Carlsbad condo's are securing 98% of asking price with the average 2 bedroom, 2 bath 1,400 sq.ft. condo selling for $324,000. Average time on market is around 51 days for traditional sale property, a time that has moved down from 55 days in previous months.  Average sale prices have remained relatively unchanged since 2011. Similar to single family homes, condos are become more scarce in 2012.  Month(s) of sellable inventory for condos in Carlsbad is 2.2 months. Search Carlsbad Condo and townhome properties for sale

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