Market Activity April 15-30, 2015

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Here’s a summary of what happened in the past two weeks in Calavera Hills:

Click on any column header (Square Feet, Price, etc) to sort the table

[table id=4 /]

Averages:

1. Average Price of Sold Properties: $522,583
2. Average Days on Market for Pending & Sold Properties: 21

Notes:

• Active and Pending “Sale Price” are last reported FOR SALE price, not SOLD price.
• If the property is marked as sold, the price displayed is the SOLD PRICE.

Summary

At the risk of sounding like a broken record, the market continues to be very active. In the month of April, 9 homes have sold and there are currently 18 homes with sales pending. The average days on market for April was 21 and the median was 6! The sold price of homes during the same time frame was 98% (average) or 100% (median) of asking price.

Prices are creeping upwards, but at a reasonable rate. Since interest rates are predicted to go up by the end of the year (see my post on April’s Mortgage Rates), and we are rounding out the busiest time of the year, I’m guessing that next month we will see the same sort of peak market activity, and then things will likely cool off (gradually) throughout the rest of the year.

Related Links

• Everything for Sale in Calavera Hills
• Carlsbad Schools
• Compare Calavera Hills Subdivisions
• Calavera Hills Subdivision Map