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Carlsbad Saw a 25% Drop in Home Prices in Q1 2025

Home prices have been dropping in several U.S. markets over the past year.
In some ZIP codes, values have fallen by as much as 25% in 12 months.
Carlsbad, California (ZIP code 92009) saw a major drop in home prices.
The median list price was $1,199,000 in Q1 2025, ↓ 25% yearly.
Areas that experienced rapid price increases are now facing market corrections.

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