Amazing how one city right next to the other city can have such different real estate stats. We looked at the homes sold in Oceanside 2 days ago. The homes sold in Carlsbad last week numbered 20. Only 4 of the 20 were Short Sales or REO’s. That is only 20%. In Oceanside the short sales and REO’s were 73%.
The average sales price in Carlsbad was $608,325 with the highest sale at $1,250,000. Watch the blog next week and see if this difference holds up!