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Aviara Real Estate Market Update for January 2013

 

As of January 23, 2013 there were 18 “Active” listings in the Aviara community of Carlsbad, CA on the Sandicor MLS (“MLS”). Of the 18 Active listings, 15 were single family, detached homes. The 18 Active listings ranged in size from a low of 2,046 square feet listed for $554,000 and a high of 4,872 square feet listed for $1,740,000. The average list price for the 18 Active listings was $895,736. However, the average list price was slightly skewed due to two larger listings that were priced significantly higher than the remaining 16 listings: 7198 Aviara Dr. (4,700 square feet, 5 bedrooms, 5 baths, built-in 2001) was listed at $1,740,000 and 7232 El Fuerte St. (4,872 square feet, 5 bedrooms, 5 baths, built in 2004) was listed for $1,499,000. The next highest list price after these two was for 7237 Sanderling Ct. (3,112 square feet, 4 bedroom, 3 bath, built in 1998) which was accepting offers between $985,000-$1,100,000. The average days on market (“DOM”) for the Active listings was 66 days. According to the MLS there were no “Contingent” listings in Aviara as of January 23, 2013. There were 11 “Pending” sales (listings currently having an accepted offer and in escrow), one of which was a townhome, ranging in size from 2,046 square feet to 2,670 square feet. The average list price for these Pending listings was $702,696 and the average DOM was 35 days. According to the MLS 29 properties in Aviara were SOLD from December 1, 2012 through January 23, 2013. Of the 29 SOLD listings 25 were single family, detached properties. The SOLD listings ranged in size from 1,481 square feet sold for $431,000 (0 DOM) to a high of 5,712 square feet sold for $2,100,000 (258 DOM). The average sold price for the SOLD listings was $785,597 with an Average SOLD DOM of 49 days. The property that sold for $2,100,000 is located at 7136 Aviara Dr. (5,712 square feet, 5 bedrooms, 5 baths, built in 2008) and closed escrow on January 4, 2013.

 

The Aviara real estate market is definitely competitive right now due to the surplus of buyers concerned that the market might soon be trending upward and the overall lack of inventory. If you are looking to sell your home or are looking to purchase a home in Aviara feel free to call Michael Gaddis, J.D. of Dream House Realty, Inc. at 760-754-2121 or email at michael@dreamhouserealtyinc.net.

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