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

ADDRESSSUBDIVISIONSTATUSBEDS/BATHSSQ FTSALE PRICEDOM
3519 Simsbury CtKnollsActive4/2.52,016$649,900Since 5/27
3560 Simsbury CourtKnollsActive5/3.53,040$774,000Since 5/23
3496 Pleasant Vale DriveRaviniaActive4/32,894$770,000Since 5/30
3600 Bayview PlaceSheffieldActive5/32,865$779,999Since 5/14
3718 SaddleCapistranoBack on market5/2.52,913$779,000Back on market 5/20
3732 Jetty PtMystic PointExpired3/2.51,535$495,00034
3589 Bluff CtBarringtonPending3/2.52,160$675,000 - $700,00016
3718 SaddleCapistranoPending5/2.52,913$779,00025
2936 Cliff CircleCliffsPending3/2.51,553$624,900 - $649,9006
3510 StocktonKnollsPending4/2.52,016$634,9005
3658 Jetty Pt.Mystic PointPending3/21,341$449,0000
3678 Jetty PointMystic PointPending3/2.51,390$482,00030
3459 Pleasant ValeRaviniaPending4/32,597$749,900 - $764,90015
3476 Gentle KnollRaviniaPending4/32,597$743,00040
3690 Strata DriveSheffieldPending4/32,579$629,00029
3600 Bayview PlaceSheffieldPending5/32,865$779,9992
3446 Rich Field DrSummerhousePending3/21,648$649,00026
3431 Rich Field DrSummerhousePending3/21,653$659,00069
3460 Rich Field DriveSummerhousePending5/42,804$769,90031
2859 Andover AvenueVillasPending3/21,362$384,00019
3660 Jetty PointMystic PointPrice Reduction3/2.51,390$475,000 (Reduced by $4,900)Since 4/10
2859 Andover AvenueVillasPrice Reduction3/21,362$384,000 (Reduced by $15,900)14
3506 Somerset WayVillasPrice Reduction & Pending3/21,362$365,000 (Reduced by $15,000; Under Contract 1 Day later)40
Harwich DriveBarringtonSold4/2.52,160$675,00018
SeaburyKnollsSold3/2.51,791$602,5009
Glenbrook stTrailsSold3/2.51,362$515,00021

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.

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Data from SANDICOR, Inc. for 1/1/13 through today and represents properties listed or sold by various brokers. If your property is currently listed this is not meant as a solicitation This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.