Real estate in Q1 of 2024 has remained stable. For detached home sales, both Carlsbad and Vista reached or nearly reached their April 2022 record highs.
Inventory continues to stay very low. Many would-be home sellers are waiting for interest rates to drop, as they may have doubled since their last refi.
Carlsbad – $1,920,000
Encinitas/Cardiff-by-the-Sea – $2,454,000
San Marcos – $1,116,368
Vista – $950,000
Oceanside – $949,000
Escondido – $910,000
Interest Rates
Rates have been hovering in the 6-7% range this year. Now more than ever, your credit score makes a huge difference. If you’re considering buying or refinancing, start with a credit check, to make sure you can secure the best rate possible.
If you own a home, it’s probably worth more than you think. Contact me for a free personalized home valuation, or if you have any other real estate questions. I would love to hear from you!
