Carlsbad - Artesia Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Carlsbad - Artesia averaged 7.42% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.27% and one month ago for the week of 2023-10-19, the average rate was 7.36%.

Carlsbad - Artesia's average rate one year ago was 6.54%.

For refis of the same type during the week of 2023-11-22, the average rate was 7.79%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Carlsbad - Artesia 30 Year Fixed Rate 2023-11-22 7.42%
Carlsbad - Artesia 30 Year Fixed Rate Refi 2023-11-22 7.79%
Carlsbad - Artesia 15 Year Fixed Rate 2023-11-22 6.67%
Carlsbad - Artesia 15 Year Fixed Rate Refi 2023-11-22 6.67%
Carlsbad - Artesia 30 Year FHA 2023-11-22 -0.31%
Carlsbad - Artesia 30 Year FHA Refi 2023-11-22 0%
Carlsbad - Artesia 30 Year USDA 2023-11-22 0%
Carlsbad - Artesia 30 Year USDA Refi 2023-11-22 0.1%
Carlsbad - Artesia 30 Year VA 2023-11-22 -0.1%
Carlsbad - Artesia 30 Year VA Refi 2023-11-22 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Carlsbad-Artesia, NM.

Carlsbad - Artesia Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Carlsbad-Artesia, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 80 5.00% $6,986
First American Bank 22 5.48% $2,796
Wells Fargo Bank 19 4.72% $4,455
AMCAP MORTGAGE, LTD. 15 5.87% $7,636
PRIMARY RESIDENTIAL MORTGAGE, INC. 15 5.02% $4,767
ACADEMY MORTGAGE CORPORATION 14 5.06% $8,006
Goldwater Bank, N.A. 12 5.25% $5,583
LOANDEPOT.COM, LLC 12 4.38% $6,348
CHEVRON 11 4.48% $1,744
GUILD MORTGAGE COMPANY 11 4.78% $5,044
JPMorgan Chase Bank 11 5.53% $3,058
CMG MORTGAGE, INC. 11 4.90% $5,851
Mr. Cooper ( Nationstar Mortgage ) 8 4.84% $9,182
Gateway First Bank 7 4.98% $4,632
PREMIA MORTGAGE, LLC 7 4.75% $2,579
SOUTHWEST FUNDING, LP 6 5.65% $8,136
NAVY FEDERAL CREDIT UNION 6 4.85% $2,443
AMERISAVE MORTGAGE CORPORATION 5 3.87% $6,880
GUARANTEED RATE AFFINITY, LLC 5 5.16% $1,868
BETTER MORTGAGE CORPORATION 5 3.75% $1,851
BOKF 4 5.22% $4,258
Prosperity Home Mortgage, LLC 4 5.97% $4,873
PENNYMAC LOAN SERVICES, LLC 4 4.97% $5,832
U.S. Bank 4 4.87% $705
LAKEVIEW LOAN SERVICING, LLC 4 4.84% $4,290
Sierra Pacific Mortgage Company, Inc. 4 6.06% $7,180
PNC Bank 4 5.44% $5,070
AMERICAN PACIFIC MORTGAGE CORPORATION 3 5.88% $5,467
21ST MORTGAGE CORPORATION 3 7.03% $5,192
Truity Federal Credit Union 3 4.46% $2,087
Wyndham Capital Mortgage, Inc. 3 5.58% $6,458
RANLIFE, INC. 2 5.00% $7,163
BROKER SOLUTIONS, INC. 2 4.81% $4,123
CARDINAL FINANCIAL 2 2.75% $6,019
Century Mortgage Company DBA Century Lending Company 2 6.25% $4,793
CHURCHILL MORTGAGE CORPORATION 2 6.38% $6,629
Citizens Bank 2 3.81% $4,857
CORNERSTONE HOME LENDING, INC. 2 5.75% $6,428
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 5.31% $6,148
FREEDOM MORTGAGE CORPORATION 2 4.06% $8,586
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 4.75% $4,019
LOANPAL, LLC 2 6.38% $9,465
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.00% $10,585
Plains Commerce Bank 2 4.19% $4,697
RESIDENTIAL BANCORP 2 3.68% $8,737
UNITED WHOLESALE MORTGAGE, LLC 2 5.22% $4,142
USAA Federal Savings Bank 2 6.31% $5,268
ZILLOW HOME LOANS, LLC 2 4.69% $6,535
North American Savings Bank, F.S.B. 1 4.50% $5,008
GUARANTEED RATE, INC. 1 7.13% $6,882
Pioneer Bank 1 7.38% $2,123
Washington Federal Bank 1 3.75% $3,893
PLANET HOME LENDING, LLC 1 5.99% $3,417
PLAZA HOME MORTGAGE, INC. 1 5.00% $5,036
First Guaranty Mortgage Corporation 1 4.50% $4,204
FIRST COMMUNITY MORTGAGE, INC. 1 5.50% $6,612
FINANCE OF AMERICA MORTGAGE LLC 1 5.63% $7,743
EMBRACE HOME LOANS, INC. 1 4.38% $4,492
Discover Bank 1 4.99% $0
CROSSCOUNTRY MORTGAGE, LLC 1 6.50% $3,767
RBC Bank, (Georgia) 1 4.75% $2,965
Renasant Bank 1 4.99% $3,735
Waterstone Mortgage Corporation 1 5.50% $8,333
ROYAL UNITED MORTGAGE LLC 1 4.88% $4,909
SECURITYNATIONAL MORTGAGE COMPANY 1 6.13% $2,757
Commerce Home Mortgage, Inc. 1 4.50% $7,646
CALCON MUTUAL MORTGAGE LLC 1 4.75% $4,924
SUN WEST MORTGAGE COMPANY, INC. 1 5.88% $6,547
The Central Trust Bank 1 5.00% $4,746
TOP FLITE FINANCIAL, INC. 1 4.63% $10,807
Bell Bank 1 3.75% $3,023
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.00% $9,253
ANGEL OAK HOME LOANS LLC 1 4.75% $5,193
Bank of America 1 5.50% $4,421
MANN FINANCIAL INC. 1 6.88% $4,851
VAN DYK MORTGAGE CORPORATION 1 6.88% $8,205
Loan Simple, Inc. 1 6.13% $4,265
Nations Lending Corporation 1 4.75% $7,247
KELLER MORTGAGE, LLC 1 3.50% $4,796
NBH Bank 1 4.54% $0

Carlsbad - Artesia Average Closing Costs & Other Stats

Carlsbad-Artesia, NM's 80 lenders originated 1,073 loans during 2022. The total origination value was $231,165,000, with an average loan value of $215,438.

Carlsbad - Artesia's average closing costs are $5,696.

The top Carlsbad - Artesia lender as defined by loan originations is QUICKEN LOANS, LLC, with 80 loans originated. Their average total fees are $6,986, which is $4,190 higher than the next largest lender, First American Bank.

The lowest fee Carlsbad - Artesia lenders (with over 10 loans originated) are CHEVRON ($1,744), First American Bank ($2,796), JPMorgan Chase Bank ($3,058), Wells Fargo Bank ($4,455) and PRIMARY RESIDENTIAL MORTGAGE, INC. ($4,767).

The lowest rate Carlsbad - Artesia lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (4.38%), CHEVRON (4.48%), Wells Fargo Bank (4.72%), GUILD MORTGAGE COMPANY (4.78%) and CMG MORTGAGE, INC. (4.90%).

Carlsbad-Artesia, NM Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
QUICKEN LOANS, LLC $70,150,000 $36,255,000 -48.3% 15.7%
Western Commerce Bank $14,770,000 $18,950,000 28.3% 8.2%
ACADEMY MORTGAGE CORPORATION $16,250,000 $15,460,000 -4.9% 6.7%
First American Bank $15,475,000 $12,395,000 -19.9% 5.4%
AMCAP MORTGAGE, LTD. $5,805,000 $8,835,000 52.2% 3.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $9,805,000 $7,415,000 -24.4% 3.2%
Mortgage Research Center, LLC $7,165,000 $7,195,000 0.4% 3.1%
CMG MORTGAGE, INC. $4,785,000 $6,785,000 41.8% 2.9%
LOANDEPOT.COM, LLC $7,125,000 $6,485,000 -9.0% 2.8%
Wells Fargo Bank $13,225,000 $6,205,000 -53.1% 2.7%
GUILD MORTGAGE COMPANY $2,160,000 $5,785,000 167.8% 2.5%
Gateway First Bank $9,680,000 $5,435,000 -43.9% 2.4%
Goldwater Bank, N.A. $3,530,000 $5,345,000 51.4% 2.3%
CHEVRON $1,090,000 $3,490,000 220.2% 1.5%
USAA Federal Savings Bank $2,685,000 $3,405,000 26.8% 1.5%
PREMIA MORTGAGE, LLC $3,005,000 $3,320,000 10.5% 1.4%
JPMorgan Chase Bank $3,685,000 $3,245,000 -11.9% 1.4%
NAVY FEDERAL CREDIT UNION $1,710,000 $3,210,000 87.7% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $6,705,000 $3,030,000 -54.8% 1.3%
21ST MORTGAGE CORPORATION $3,545,000 $2,990,000 -15.7% 1.3%
Mr. Cooper ( Nationstar Mortgage ) $2,990,000 $2,410,000 -19.4% 1.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,195,000 $2,370,000 98.3% 1.0%
AMERISAVE MORTGAGE CORPORATION $4,930,000 $2,300,000 -53.3% 1.0%
FREEDOM MORTGAGE CORPORATION $10,585,000 $2,180,000 -79.4% 0.9%
SOUTHWEST FUNDING, LP $3,130,000 $2,080,000 -33.5% 0.9%
GUARANTEED RATE AFFINITY, LLC $610,000 $2,060,000 237.7% 0.9%
Paramount Residential Mortgage Group, Inc. $4,165,000 $2,035,000 -51.1% 0.9%
BETTER MORTGAGE CORPORATION $1,930,000 $1,885,000 -2.3% 0.8%
FIRST COMMUNITY MORTGAGE, INC. $225,000 $1,730,000 668.9% 0.7%
PNC Bank $325,000 $1,425,000 338.5% 0.6%
NEWREZ LLC $2,380,000 $1,400,000 -41.2% 0.6%
MORTGAGE SOLUTIONS OF COLORADO, LLC $490,000 $1,385,000 182.7% 0.6%
BOKF $635,000 $1,365,000 115.0% 0.6%
CORNERSTONE HOME LENDING, INC. $235,000 $1,300,000 453.2% 0.6%
RANLIFE, INC. $575,000 $1,285,000 123.5% 0.6%
Prosperity Home Mortgage, LLC $1,240,000 n/a 0.5%
U.S. Bank $590,000 $1,205,000 104.2% 0.5%
Sierra Pacific Mortgage Company, Inc. $1,190,000 n/a 0.5%
LAKEVIEW LOAN SERVICING, LLC $4,535,000 $1,185,000 -73.9% 0.5%
GUARANTEED RATE, INC. $705,000 $1,180,000 67.4% 0.5%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $5,945,000 $1,155,000 -80.6% 0.5%
PENNYMAC LOAN SERVICES, LLC $4,860,000 $1,095,000 -77.5% 0.5%
Century Mortgage Company DBA Century Lending Company $1,005,000 n/a 0.4%
Wyndham Capital Mortgage, Inc. $1,430,000 $950,000 -33.6% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $900,000 $930,000 3.3% 0.4%
BROKER SOLUTIONS, INC. $4,630,000 $825,000 -82.2% 0.4%
PLAZA HOME MORTGAGE, INC. $2,120,000 $820,000 -61.3% 0.4%
ZILLOW HOME LOANS, LLC $610,000 $765,000 25.4% 0.3%
LOANPAL, LLC $950,000 $750,000 -21.1% 0.3%
Truity Federal Credit Union $1,355,000 $745,000 -45.0% 0.3%
VILLAGE CAPITAL MORTGAGE $1,290,000 $715,000 -44.6% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,165,000 $700,000 -67.7% 0.3%
FINANCE OF AMERICA MORTGAGE LLC $890,000 $700,000 -21.3% 0.3%
The Federal Savings Bank $1,065,000 $690,000 -35.2% 0.3%
Plains Commerce Bank $580,000 $640,000 10.3% 0.3%
Loan Simple, Inc. $960,000 $595,000 -38.0% 0.3%
Commerce Home Mortgage, Inc. $715,000 $565,000 -21.0% 0.2%
SOUTHWEST STAGE FUNDING, LLC $1,350,000 $555,000 -58.9% 0.2%
Waterstone Mortgage Corporation $1,325,000 $555,000 -58.1% 0.2%
North American Savings Bank, F.S.B. $570,000 $550,000 -3.5% 0.2%
FLAT BRANCH MORTGAGE, INC. $320,000 $540,000 68.8% 0.2%
CHURCHILL MORTGAGE CORPORATION $555,000 $525,000 -5.4% 0.2%
Pioneer Bank $810,000 $505,000 -37.7% 0.2%
LIMA ONE CAPITAL, LLC $105,000 $500,000 376.2% 0.2%
PLANET HOME LENDING, LLC $335,000 $450,000 34.3% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $1,710,000 $430,000 -74.9% 0.2%
ANGEL OAK HOME LOANS LLC $125,000 $425,000 240.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $745,000 $405,000 -45.6% 0.2%
RESIDENTIAL BANCORP. $360,000 $400,000 11.1% 0.2%
HOME FUNDING CORPORATION $305,000 $385,000 26.2% 0.2%
SUN AMERICAN MORTGAGE COMPANY $530,000 $375,000 -29.2% 0.2%
The Central Trust Bank $285,000 $375,000 31.6% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,235,000 $370,000 -70.0% 0.2%
Renasant Bank $365,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $315,000 $365,000 15.9% 0.2%
Citizens Bank $355,000 n/a 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $795,000 $350,000 -56.0% 0.2%
NBH Bank $345,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $650,000 $340,000 -47.7% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $335,000 n/a 0.1%
Willamette Valley Bank $335,000 n/a 0.1%
GENEVA FINANCIAL, LLC $330,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $800,000 $320,000 -60.0% 0.1%
Discover Bank $210,000 $315,000 50.0% 0.1%
City Bank $155,000 $290,000 87.1% 0.1%
MORTGAGE ACCESS CORP. $285,000 n/a 0.1%
PHH Mortgage Corporation $285,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $590,000 $265,000 -55.1% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,640,000 $265,000 -90.0% 0.1%
TOP FLITE FINANCIAL, INC. $690,000 $265,000 -61.6% 0.1%
Flagstar Bank, FSB $1,235,000 $250,000 -79.8% 0.1%
First Internet Bank of Indiana $245,000 n/a 0.1%
The Bank & Trust $245,000 n/a 0.1%
MANN FINANCIAL INC. $235,000 n/a 0.1%
Rocky Mountain Mortgage Company $225,000 n/a 0.1%
Nations Lending Corporation $1,200,000 $220,000 -81.7% 0.1%
Washington Federal Bank $210,000 n/a 0.1%
RBC Bank, (Georgia) $205,000 n/a 0.1%
Servion, Inc. $205,000 n/a 0.1%
UNITED MORTGAGE CORP. $205,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $935,000 $195,000 -79.1% 0.1%
Bank of America $945,000 $195,000 -79.4% 0.1%
CALIBER HOME LOANS, INC. $2,530,000 $195,000 -92.3% 0.1%
KELLER MORTGAGE, LLC $195,000 n/a 0.1%
Northpointe Bank $620,000 $195,000 -68.5% 0.1%
NUSENDA $335,000 $190,000 -43.3% 0.1%
Bell Bank $185,000 n/a 0.1%
CLEARPATH LENDING $580,000 $185,000 -68.1% 0.1%
HOMESIDE FINANCIAL, LLC $745,000 $185,000 -75.2% 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $185,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $175,000 n/a 0.1%
FirstCapital Bank of Texas $175,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $525,000 $165,000 -68.6% 0.1%
VAN DYK MORTGAGE CORPORATION $165,000 n/a 0.1%
Magnolia Bank $285,000 $155,000 -45.6% 0.1%
American Southwest Credit Union $135,000 n/a 0.1%
STEARNS LENDING, LLC $405,000 $135,000 -66.7% 0.1%
First Guaranty Mortgage Corporation $1,230,000 $125,000 -89.8% 0.1%
REVERSE MORTGAGE FUNDING LLC $125,000 n/a 0.1%
Stifel Bank and Trust $125,000 n/a 0.1%
Ally Bank $965,000 $115,000 -88.1% 0.0%
QUORUM FEDERAL CREDIT UNION $105,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $95,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $635,000 $75,000 -88.2% 0.0%
AMERICAN ADVISORS GROUP $235,000 $65,000 -72.3% 0.0%
ROYAL UNITED MORTGAGE LLC $315,000 $65,000 -79.4% 0.0%
Figure Lending LLC $145,000 $55,000 -62.1% 0.0%
Firefighters First Federal Credit Union $45,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $45,000 n/a 0.0%
Zions Bancorporation, N.A. $25,000 n/a 0.0%

Carlsbad - Artesia's top lender by overall market share is QUICKEN LOANS, LLC, with 15.7% market share. In second place, with 8.2%, is Western Commerce Bank, having originated $18,950,000 in loans. In third place, with 6.7%, is ACADEMY MORTGAGE CORPORATION, having originated $15,460,000 in loans. In fourth place, with 5.4%, is First American Bank, having originated $12,395,000 in loans. In fifth place, with 3.8%, is AMCAP MORTGAGE, LTD., having originated $8,835,000 in loans.


Carlsbad - Artesia Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Carlsbad - Artesia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $181,725 (3.4%) $216,653 (1.5%) 0.00 205
2018-02-01 $186,125 (4.8%) $222,254 (4.5%) 0.00 199
2018-03-01 $189,000 (5.3%) $215,178 (1.1%) 0.00 203
2018-04-01 $194,000 (4.9%) $220,383 (3.1%) 0.00 194
2018-05-01 $208,750 (9.6%) $229,647 (6.2%) 0.00 194
2018-06-01 $210,000 (13.5%) $234,461 (11.0%) 0.00 188
2018-07-01 $204,925 (13.2%) $235,837 (12.6%) 0.00 188
2018-08-01 $199,750 (9.5%) $235,098 (11.3%) 0.00 177
2018-09-01 $235,000 (28.8%) $253,367 (19.3%) 0.00 182
2018-10-01 $235,750 (30.4%) $255,620 (23.7%) 0.00 170
2018-11-01 $232,500 (29.9%) $259,228 (22.4%) 0.00 155
2018-12-01 $230,000 (26.2%) $266,848 (23.8%) 0.00 137
2019-01-01 $228,250 (25.6%) $273,901 (26.4%) 0.00 133
2019-02-01 $242,500 (30.3%) $287,437 (29.3%) 0.00 132
2019-03-01 $235,000 (24.3%) $275,304 (27.9%) 0.00 150
2019-04-01 $231,250 (19.2%) $263,099 (19.4%) 0.00 177
2019-05-01 $262,200 (25.6%) $268,968 (17.1%) 0.00 199
2019-06-01 $265,000 (26.2%) $274,524 (17.1%) 0.00 203
2019-07-01 $268,453 (31.0%) $275,972 (17.0%) 0.00 202
2019-08-01 $269,187 (34.8%) $275,227 (17.1%) 0.00 228
2019-09-01 $268,488 (14.3%) $274,778 (8.5%) 0.00 246
2019-10-01 $270,787 (14.9%) $275,255 (7.7%) 0.00 253
2019-11-01 $273,853 (17.8%) $276,851 (6.8%) 0.00 248
2019-12-01 $275,150 (19.6%) $278,862 (4.5%) 0.00 235
2020-01-01 $275,705 (20.8%) $279,404 (2.0%) 0.00 233
2020-02-01 $283,391 (16.9%) $284,278 (-1.1%) 0.00 240
2020-03-01 $286,314 (21.8%) $292,750 (6.3%) 0.00 248
2020-04-01 $287,619 (24.4%) $294,538 (12.0%) 0.00 234
2020-05-01 $285,258 (8.8%) $281,402 (4.6%) 0.00 252
2020-06-01 $276,200 (4.2%) $279,218 (1.7%) 0.00 245
2020-07-01 $263,829 (-1.7%) $277,656 (0.6%) 0.00 242
2020-08-01 $255,450 (-5.1%) $280,386 (1.9%) 0.00 229
2020-09-01 $257,863 (-4.0%) $279,400 (1.7%) 0.00 231
2020-10-01 $265,000 (-2.1%) $293,986 (6.8%) 0.00 240
2020-11-01 $264,000 (-3.6%) $296,284 (7.0%) 0.00 234
2020-12-01 $264,438 (-3.9%) $294,277 (5.5%) 0.00 231
2021-01-01 $261,500 (-5.2%) $293,669 (5.1%) 0.00 232
2021-02-01 $245,250 (-13.5%) $284,482 (0.1%) 0.00 264
2021-03-01 $228,200 (-20.3%) $274,547 (-6.2%) 0.00 282
2021-04-01 $228,000 (-20.7%) $272,708 (-7.4%) 0.00 288
2021-05-01 $233,950 (-18.0%) $273,870 (-2.7%) 0.00 275
2021-06-01 $239,000 (-13.5%) $271,461 (-2.8%) 0.00 260
2021-07-01 $242,500 (-8.1%) $278,222 (0.2%) 0.00 254
2021-08-01 $242,500 (-5.1%) $282,373 (0.7%) 0.00 259
2021-09-01 $239,700 (-7.0%) $295,845 (5.9%) 0.00 252
2021-10-01 $238,000 (-10.2%) $289,841 (-1.4%) 0.00 251
2021-11-01 $239,000 (-9.5%) $289,422 (-2.3%) 0.00 261
2021-12-01 $240,450 (-9.1%) $285,739 (-2.9%) 0.00 234
2022-01-01 $252,450 (-3.5%) $294,294 (0.2%) 0.00 212
2022-02-01 $250,750 (2.2%) $301,397 (6.0%) 0.00 214
2022-03-01 $261,500 (14.6%) $308,863 (12.5%) 0.00 219
2022-04-01 $250,000 (9.7%) $310,572 (13.9%) 0.00 145
2022-05-01 $246,500 (5.4%) $304,565 (11.2%) 0.00 160
2022-06-01 $244,500 (2.3%) $302,084 (11.3%) 0.00 174
2022-07-01 $242,000 (-0.2%) $291,441 (4.8%) 0.00 194
2022-08-01 $242,500 (0.0%) $285,233 (1.0%) 0.00 173
2022-09-01 $249,200 (4.0%) $299,264 (1.2%) 0.00 168
2022-10-01 $239,900 (0.8%) $303,443 (4.7%) 0.00 171
2022-11-01 $256,500 (7.3%) $301,082 (4.0%) 0.00 169
2022-12-01 $265,000 (10.2%) $300,599 (5.2%) 0.00 148
2023-01-01 $299,700 (18.7%) $335,534 (14.0%) 0.00 145
2023-02-01 $300,500 (19.8%) $340,102 (12.8%) 0.00 137
2023-03-01 $299,238 (14.4%) $342,103 (10.8%) 0.00 128
2023-04-01 $290,000 (16.0%) $365,762 (17.8%) 0.00 109
2023-05-01 $298,750 (21.2%) $338,952 (11.3%) 0.00 114
2023-06-01 $314,362 (28.6%) $347,127 (14.9%) 0.00 112
2023-07-01 $319,250 (31.9%) $367,328 (26.0%) 0.00 104
2023-08-01 $310,883 (28.2%) $333,201 (16.8%) 0.00 116
2023-09-01 $302,500 (21.4%) $317,504 (6.1%) 0.00 108
2023-10-01 $296,000 (23.4%) $334,640 (10.3%) 0.00 109
Carlsbad - Artesia's median listing price for 2023-10-01 was $296,000, a difference of $56,100 (23.4%) versus the prior year and $-6,500 versus the prior month.

Carlsbad - Artesia's median listing price comes in at 0% of the national average.

Carlsbad - Artesia's average listing price for 2023-10-01 was $334,640, a difference of $31,197 (10.3%) versus the prior year and $17,136 versus the prior month.

For the 2023-10-01 period, Carlsbad - Artesia had 109 MLS listings, a difference of 1 listings (1%) versus the prior month and -62 listings (-36%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Carlsbad - Artesia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,713 sqft
2018-02-01 0 days 1,732 sqft
2018-03-01 0 days 1,728 sqft
2018-04-01 0 days 1,721 sqft
2018-05-01 0 days 1,732 sqft
2018-06-01 0 days 1,734 sqft
2018-07-01 0 days 1,739 sqft
2018-08-01 0 days 1,756 sqft
2018-09-01 0 days 1,794 sqft
2018-10-01 0 days 1,802 sqft
2018-11-01 0 days 1,787 sqft
2018-12-01 0 days 1,785 sqft
2019-01-01 0 days 1,986 sqft
2019-02-01 0 days 2,016 sqft
2019-03-01 0 days 1,938 sqft
2019-04-01 0 days 1,845 sqft
2019-05-01 0 days 1,893 sqft
2019-06-01 0 days 1,900 sqft
2019-07-01 0 days 1,896 sqft
2019-08-01 0 days 1,900 sqft
2019-09-01 0 days 1,900 sqft
2019-10-01 0 days 1,873 sqft
2019-11-01 0 days 1,845 sqft
2019-12-01 0 days 1,863 sqft
2020-01-01 0 days 1,889 sqft
2020-02-01 0 days 1,979 sqft
2020-03-01 0 days 2,041 sqft
2020-04-01 0 days 2,034 sqft
2020-05-01 0 days 1,907 sqft
2020-06-01 0 days 1,901 sqft
2020-07-01 0 days 1,860 sqft
2020-08-01 0 days 1,840 sqft
2020-09-01 0 days 1,824 sqft
2020-10-01 0 days 1,842 sqft
2020-11-01 0 days 1,828 sqft
2020-12-01 0 days 1,829 sqft
2021-01-01 0 days 1,831 sqft
2021-02-01 0 days 1,800 sqft
2021-03-01 0 days 1,771 sqft
2021-04-01 0 days 1,760 sqft
2021-05-01 0 days 1,779 sqft
2021-06-01 0 days 1,782 sqft
2021-07-01 0 days 1,812 sqft
2021-08-01 0 days 1,781 sqft
2021-09-01 0 days 1,783 sqft
2021-10-01 0 days 1,760 sqft
2021-11-01 0 days 1,751 sqft
2021-12-01 0 days 1,741 sqft
2022-01-01 0 days 1,760 sqft
2022-02-01 0 days 1,743 sqft
2022-03-01 0 days 1,754 sqft
2022-04-01 0 days 1,766 sqft
2022-05-01 0 days 1,769 sqft
2022-06-01 0 days 1,848 sqft
2022-07-01 0 days 1,788 sqft
2022-08-01 0 days 1,784 sqft
2022-09-01 0 days 1,851 sqft
2022-10-01 0 days 1,828 sqft
2022-11-01 0 days 1,772 sqft
2022-12-01 0 days 1,868 sqft
2023-01-01 0 days 2,009 sqft
2023-02-01 0 days 2,004 sqft
2023-03-01 0 days 2,004 sqft
2023-04-01 0 days 2,043 sqft
2023-05-01 0 days 1,962 sqft
2023-06-01 0 days 1,978 sqft
2023-07-01 0 days 1,992 sqft
2023-08-01 0 days 1,887 sqft
2023-09-01 0 days 1,892 sqft
2023-10-01 0 days 1,933 sqft
Carlsbad - Artesia's median listing age (time on market) for 2023-10-01 was 0 days.

Carlsbad - Artesia's median square footage for active listings during the 2023-10-01 period was 1,933 sqft. One year prior, the average listing was 1,828 sqft.

Carlsbad-Artesia, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 770 $174,970,000 $227,234
Cash Out Refi 165 $30,875,000 $187,121
Refi 110 $21,370,000 $194,273
Other 16 $1,770,000 $110,625
Home Improvement 12 $2,180,000 $181,667

Carlsbad - Artesia's most frequently cited loan purpose was Home Purchase, with 770 originations. The 2nd most popular reason was Cash Out Refi, with 165 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 249 $58,175,000 $233,635
5-6% 247 $55,055,000 $222,895
3-4% 182 $40,740,000 $223,846
6-7% 135 $29,105,000 $215,593
2.5-3% 60 $13,060,000 $217,667
7-8% 52 $8,550,000 $164,423
Over 8% 35 $3,375,000 $96,429
<2.5% 25 $3,735,000 $149,400

During 2022, Carlsbad - Artesia's most frequently originated rate bucket was 4-5%, with 249 originations.

Loan Sizing (Carlsbad-Artesia, NM MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 490 $136,840,000 $279,265
$100k-200k 406 $61,750,000 $152,094
$100,000 or less 124 $6,410,000 $51,694
$400k-600k 47 $21,665,000 $460,957
$600k-1000k 5 $3,445,000 $689,000
$Over $1MM 1 $1,055,000 $1,055,000

Carlsbad - Artesia's loan sizing saw the bucket of loans from $200k-400k with 490 originations, totaling $136,840,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 616 $145,960,000 $236,948
60-80% 219 $46,155,000 $210,753
40-60% 57 $9,355,000 $164,123
Under 20% 43 $425,000 $9,884
20-40% 27 $3,375,000 $125,000
Over 100% 17 $5,215,000 $306,765

Carlsbad - Artesia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 616 originations, totaling $145,960,000 in origination value.