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Carlsbad, CA 92010 Real Estate Market Report

ZIP Code: 92010
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of April 2026, the real estate market in Carlsbad, CA (ZIP: 92010) reflects a median sold price of $1,375,000, indicating a stable market with slight appreciation trends. The neighborhood has increased 15% since 2023, showcasing a robust demand supported by a resilient local economy. Despite this positive price trajectory, the market exhibits elevated inventory levels, suggesting a potential shift in buyer dynamics and seller expectations.

The median days on market stands at 290 days, indicative of slower sales velocity. This extended timeframe may suggest a cautious approach from buyers amid moderate interest rate pressure, with current 30-year fixed mortgage rates averaging 6.34% APR. While the market temperature is classified as neutral, the combination of elevated inventory relative to sales activity and a stable median listing price of $1,534,500 indicates a balanced yet competitive environment for potential buyers and sellers alike.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
46
Active Listings
15
Sold Properties
31

Market Metrics

Median Listing Price
$1,534,500
Median Sold Price
$1,375,000
Median Price per Sqft
$665/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$4,220
Rent Range
$3,090 - $5,140

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.25%

Liquidity & Velocity

Median Days on Market
290
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Carlsbad, CA are averaging 6.34% APR, which is 0.2% higher than the average rate of 6.14% observed in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The median sold price of $1,375,000 reflects a stable market with slight appreciation, indicating strong buyer interest.

  2. Elevated inventory levels suggest excess supply relative to sales activity, which may influence future pricing strategies.

  3. With 290 days on the market, the extended selling period indicates slower sales velocity, potentially impacting seller urgency.

  4. Current mortgage rates at 6.34% APR introduce moderate interest rate pressure, which may affect buyer purchasing power.

  5. The median market rent is $4,220, suggesting a competitive rental market that could influence home buying decisions.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

2543 Glasgow Dr, Carlsbad, CA 92010
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

6 beds
6 baths
4,311 sqft
$2,595,000
Mar 1, 2026
$602/sqft/sqft
1470 days on market
4829 Portola Ct, Carlsbad, CA 92010
Market Benchmark

Sold at market average

4 beds
4 baths
2,950 sqft
$2,127,000
Mar 1, 2026
$721/sqft/sqft
63 days on market
4825 Portola Ct, Carlsbad, CA 92010
Market Benchmark

Sold at market average

4 beds
4 baths
2,948 sqft
$2,099,000
Mar 1, 2026
$712/sqft/sqft
61 days on market
3545 Knollwood Dr, Carlsbad, CA 92010
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds
3 baths
3,315 sqft
$1,375,000
Mar 1, 2026
$415/sqft/sqft
1685 days on market
3088 Marron Rd, Carlsbad, CA 92010
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
2,467 sqft
$1,339,000
Jan 1, 2026
$543/sqft/sqft
2722 Olympia Dr, Carlsbad, CA 92010
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,562 sqft
$1,320,000
Mar 1, 2026
$845/sqft/sqft
582 days on market
2959 Cape Cod Cir, Carlsbad, CA 92010
Quick Flip

Sold below market average

2 beds
2 baths
1,435 sqft
$610,000
Mar 1, 2026
$425/sqft/sqft
2646 days on market
2972 Lancaster Rd, Carlsbad, CA 92010
Quick Flip

Sold below market average

4 beds
2 baths
1,724 sqft
$475,000
Mar 1, 2026
$276/sqft/sqft
4138 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

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