Market Activity May 16 – 31, 2015

The market activity continues! A whopping 15 properties went under contract and 3 more were sold in the past two weeks. Remember, to get up-to-the-moment notifications of the Calavera Hills real estate market, just signup for free email property alerts:

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

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

[table id=2 /]
Averages:

• Average Price of Sold Properties Last Month: $479,700
• Average Price of Sold Properties This Month: $597,500

• Average Days on Market for Pending & Sold Properties Last Month: 19
• Average Days on Market for Pending & Sold Properties This Month: 22

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 beginning of the month I said that things were slowing down. While that was true then, the Calavera Hills real estate market finished the month strong. Overall, in both Carlsbad and Calavera Hills, the number of sales increased from April to May. While Carlsbad had a 5% increase in the number of sales since last month, Calavera Hills had a 10% increase. This reaffirms my belief that Calavera Hills is a highly desirable community.