Carlsbad , CA

Monthly Housing Development Update | November 2021

General statistics, market trends and outlook for housing development in Carlsbad, CA

City Housing Update for November 2021

Current Trends:

During this past month of October, the median rental price for a single family home in Carlsbad was $3,332 and median sale price for a single family home in the city was $811,900. There were approximately 342 homes listed for sale in the city at the end of October, compared with 342 in September. During the last month, homes sold within 26 days on the market and received 2 offers per sale on average.

City Housing Supply:

As of the end of 2017, the total count of existing housing units in the city was 46,878. Single family housing units make up the vast majority 69.93% of Carlsbad's housing units, 32,780 units total. Multifamily units make up 27 percent, or approximately 12,818. As of last year, the average housing density (people per household) was 2.6, compared with the state average of 2.97. At the end of the period, about 3,165 of housing units in the city were unoccupied, suggesting a vacancy rate of 0 percent.

Regulations & Outlook:

The City has not yet finalized updates to it's residential zoning code that fully comply with State Laws SB 1069 and AB 2299 which allow for Accessory Dwelling Units (ADUs) to be developed on most single family lots. More commonly referred to as “Granny Flats” and “In-Law Units”, in Carlsbad as many as 19,340 homes may now be eligible to add some form of second dwelling unit. These laws are intended by The State to boost opportunities for housing production in cities in an effort to address the growing housing deficits local communities face accross The State. Typically secondary units are constructed by homeowners in backyards, converted garages and basements of single family residences. These new regulations could now allow individual homeowners to play a significant role to increase housing production in Carlsbad over the coming years. Consider for example, if just one percent of eligible homeowners in Carlsbad built an ADU each year, it would contribute an additional 967 units to the city's housing stock over the next five years and create hundreds of new local construction jobs.

Local News & Policy:

At this time, statewide standards will superseed any local residential zoning requirements for ADUs that are non-compliant with the state's minimum set of requirements. The current development standards for ADUs in Carlsbad, or any other CA city, can be found at the city zoning page link and search below. Recently More information on the latest local policies and requirements for ADUs will be available as they are passed. Check back each month for the latest changes in Carlsbad.

Get Involved:

For homeowners and local developers who are interested in getting involved in the ADU movement locally in Carlsbad, use Housable to get insights about the ADU housing development potential of specific properties. Housable provides zoning, permitting, estimation and design tools, many of them free of charge, to help homeowners at any step plan, permit and build their ADU projects. Use property design and calculation tools any time, get low cost insights about the ADU potetnial of your property and connect with local professionals who can help with the process when you're ready to get started. Stay up to date with the latest local trends in housing production and join the ADU movement to create more housing in Carlsbad, one garage, basement, or backyard at a time.

Exerpts From City Housing Reports

Vacant and Underutilized Sites for Above Moderate Income Housing As described in Table 10-28, sites appropriate for market rate housing are found in the following land use districts: R-1.5, R-4, R-8 and R-15. These land use designations typically permit single- family and medium density multi-family dwellings that are likely only affordable for households earning above moderate incomes. The sites inventory includes 343 acres of vacant land with these land use designations, which can accommodate an estimated 881 housing units. The inventory also includes 165 acres of underutilized land'primarily residential uses that are built at a lower density than the designation allows. These underutilized sites could accommodate an additional 374 units. These sites are identified in Appendix B (Table B-4).

The city's Inclusionary Housing program resulted in the construction of affordable units in the Coastal Zone or within three miles of the Coastal Zone. Detailed in Table 10-41 is a tabulation of the housing units constructed and demolished in Carlsbad's Coastal Zone from 1991 through 2015. Between 2005 and 2015, 887 housing units were added to the Coastal Zone, of which 25 (three percent) were affordable to lower-income households.

xe2x80xa2 As financially feasible, acquire and rehabilitate rental housing that is substandard, deteriorating or in danger of being demolished. Set-aside at least 20 percent of the rehabilitated units for extremely- and/or very low income households.

10-P.15 Pursuant to the Inclusionary Housing Ordinance, require affordability for lower income households of a minimum of 15 percent of all residential ownership and qualifying rental projects. For projects that are required to include 10 or more units affordable to lower income households, at least 10 percent of the lower income units should have three or more bedrooms (lower income senior housing projects

xe2x80xa2 Work with a private, non-profit affordable housing developers to create at least 70 city- initiated or non-inclusionary affordable housing units for lower income households between 2013 and 2021.

Current Market Stats November 2021

Median Sales Price $811,900.00

Median Rental Price $3,332.00 Based on 840 sqft unit

Total Homes on Market 342

Average Days on Market 26

Average Offers per Sale 2

City Housing Stock 2017

Total Housing Units 46878

Single-Family Units 32780

Other Type Units 1280

Unit Vacancy Rate 0.0675

Annual Units Produced (2017) 312

Go to Carlsbad ADU Zoning Page

General City Info Carlsbad, CA

City Population 105,328

City Area 37.72 sq. mi.

We have our final inspection TODAY and do expect it will go well. We’ve been lucky to have a nice inspector. I’ll send you more pics this weekend!

Fiona K. in Bell Canyon, CA

The plans were approved and I received the permit today. Thank you for all your help with the process!

Jannie B. in Los Angeles, CA

My experience with Housable was exceptional. The team was extremely helpful and responsive. I am very satisfied and happy to have used these services. As a homeowner I do not know the construction lingo or process but the Housable team very kind and helpful and patient with me. My expectations were exceeded. Thank you for everything.

Monica H. in Oakland, CA

City & State Housing News

Carlsbad, CA Carlsbad passes new accessory dwelling ordinance 05/10/2017

State of CA State's leading housing agency releases guidelines on ... 06/12/2016

Go to Carlsbad ADU Zoning Page

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