Market Activity September 1-15, 2015
Inventory increased (9 active properties), while sales are half of what they were last reporting (5 in September, 11 in the last two weeks in August). 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
| ADDRESS | SUBDIVISION | STATUS | BEDS/BATHS | SQ FT | SALE PRICE | DOM |
|---|---|---|---|---|---|---|
| Cay Drive | Barrington | Active | 4/2.5 | 2,160 | $683,000 | Since 9/14 |
| Peninsula Dr. | Mystic Point | Active | 3/2 | 1,341 | $460,000 | Since 9/11 |
| Crater Rim | Ravinia | Active | 4/2.5 | 2,597 | $774,900 - $799,900 | Since 9/7 |
| Rich Field | Summerhouse | Active | 4/4 | 2,804 | $759,000 | Since 9/9 |
| Cheshire | Trails | Active | 3/2.5 | 1,468 | $509,900 | Since 9/16 |
| Jetty Point | Mystic Point | Expired & Back on Market | 3/2.5 | 1,411 | $499,000 | Since 9/11 |
| Inverness Ct | Colony | Pending | 3/2 | 2,000 | $699,900 | 10 |
| Backshore Ct | Mystic Point | Pending | 3/2.5 | 1,509 | $500,000 | 0 |
| Jetty Point | Mystic Point | Pending | 3/2.5 | 1,509 | $499,000 | Since 8/21 |
| Rich Field | Summerhouse | Pending | 4/3 | 2,476 | $699k - $719k | 4 |
| New Castle Way | Villas | Pending | 2/2 | 1,112 | $339,900 | 8 |
| Rock Ridge | Montara | Pending > Active | 5/3 | 2,871 | $779,000 | Since 7/17 |
| Lancaster Way | Cape | Price Reduction | 4/3 | 1,724 | $489,000 | Since 8/24 |
| Barranca Court | Barrington | Price Reduction > Pending > Active | 4/3 | 2,287 | $669k (down $16k) | 23 |
| 3739 Cavern Place | Capistrano | Sold | 5/3 | 2,913 | $760,000 | 7 |
| 3677 Jetty Point | Mystic Point | Sold | 3/2.5 | 1,390 | $485,000 | 23 |
| 4134 Karst Road | Mystic Point | Sold | 3/2.5 | 1,535 | $540,000 | 37 |
| 3032 Newshire Street | Trails | Sold | 3/2 | 1,362 | $455,000 | 5 |
| 2812 Seaside Way | Villas | Sold | 3/2 | 1,362 | $385,000 | 3 |
| Andover | Villas | Withdrawn | 2/2 | 1,112 | $339,000 | 15 |
Calavera Hills Averages:
- Average Price of Sold Properties: $525,000
- Average Days on Market: 12
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
Predictably, things slowed down a bit. This is expected. As I mentioned back in June, things typically slow down in September, as school is back in session and the summer buying season winds down. That doesn’t mean that homes in Calavera Hills aren’t moving though. The average days on market for pending and sold homes was only 12! Homes sold in that time still averaged 98% of asking price.
In some local news, the Carlsbad Cole Library is closed for construction until early June 2016. The Dove library is open in the meantime. When the Cole library construction is complete, the Dove library will then shut down for renovation.
Speaking of construction, I’m still working on updating this website with an integrated MLS, Saved Searches and Home Valuation tool. Thanks for bearing with me.
Ready to make your own move? Contact me to find out:
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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.