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 6.26% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.12% and one month ago for the week of 2024-08-29, the average rate was 6.39%.

Carlsbad - Artesia's average rate one year ago was 7.55%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Carlsbad - Artesia 30 Year Fixed Rate 2024-10-03 6.26%
Carlsbad - Artesia 30 Year Fixed Rate Refi 2024-10-03 6.02%
Carlsbad - Artesia 15 Year Fixed Rate 2024-10-03 5.25%
Carlsbad - Artesia 15 Year Fixed Rate Refi 2024-10-03 5.75%
Carlsbad - Artesia 30 Year FHA 2024-10-03 5.69%
Carlsbad - Artesia 30 Year FHA Refi 2024-10-03 5.69%
Carlsbad - Artesia 30 Year USDA 2024-10-03 5.77%
Carlsbad - Artesia 30 Year USDA Refi 2024-10-03 6.07%
Carlsbad - Artesia 30 Year VA 2024-10-03 5.6%
Carlsbad - Artesia 30 Year VA Refi 2024-10-03 5.8%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 50 6.82% $7,210
First American Bank 16 6.66% $3,362
Prosperity Home Mortgage, LLC 9 7.42% $5,562
Goldwater Bank, N.A. 8 7.41% $5,924
ACADEMY MORTGAGE CORPORATION 8 6.73% $8,304
Wells Fargo Bank 8 6.66% $4,137
UNITED WHOLESALE MORTGAGE, LLC 8 7.11% $6,358
CMG MORTGAGE, INC. 7 6.34% $8,229
GUILD MORTGAGE COMPANY 7 6.91% $6,580
U.S. Bank 7 6.52% $2,403
LOANDEPOT.COM, LLC 6 7.08% $8,079
GENEVA FINANCIAL, LLC 6 6.83% $5,661
PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.47% $7,181
GUARANTEED RATE AFFINITY, LLC 5 6.54% $1,522
AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.50% $7,953
AMERISAVE MORTGAGE CORPORATION 4 6.12% $7,989
PREMIA MORTGAGE, LLC 4 6.53% $4,877
JPMorgan Chase Bank 4 6.90% $3,155
NAVY FEDERAL CREDIT UNION 4 7.31% $3,516
USAA Federal Savings Bank 3 6.21% $8,729
Gateway First Bank 3 7.00% $4,216
AMCAP MORTGAGE, LTD. 3 6.92% $10,772
SUN AMERICAN MORTGAGE COMPANY 3 6.71% $4,264
RBC Bank, (Georgia) 2 5.94% $2,010
AMERICAN FINANCIAL NETWORK, INC. 2 7.38% $4,942
Mr. Cooper ( Nationstar Mortgage ) 2 7.56% $9,238
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.00% $5,699
ZILLOW HOME LOANS, LLC 2 6.69% $8,077
Loan Simple, Inc. 2 3.56% $3,508
BROKER SOLUTIONS, INC. 2 7.19% $8,620
PNC Bank 2 6.25% $4,522
Zions Bank 1 7.25% $4,035
Amarillo National Bank 1 7.50% $12,177
BETTER MORTGAGE CORPORATION 1 5.88% $14,866
Century Mortgage Company DBA Century Lending Company 1 6.50% $3,447
City Bank 1 7.50% $5,102
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.75% $4,077
Deseret First Credit Union 1 7.13% $9,791
FLAT BRANCH MORTGAGE, INC. 1 5.88% $2,528
MICHIGAN MUTUAL, INC. 1 6.99% $8,414
Mortgage Research Center, LLC 1 6.88% $3,847
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $4,338
NBKC BANK 1 7.37% $1,854
OAKTREE FUNDING CORP. 1 10.38% $13,640
PENNYMAC LOAN SERVICES, LLC 1 6.50% $6,002
Plains Commerce Bank 1 5.75% $4,462
PLANET HOME LENDING, LLC 1 5.88% $5,228
PLAZA HOME MORTGAGE, INC. 1 5.75% $9,813
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $4,825
SECURITYNATIONAL MORTGAGE COMPANY 1 7.99% $3,176
Sierra Pacific Mortgage Company, Inc. 1 7.13% $6,444
Southwest Bank 1 6.13% $3,732
T2 FINANCIAL LLC 1 7.50% $8,181
Town Square Mortgage & Investments, Inc. 1 6.88% $1,530
Truity Federal Credit Union 1 5.88% $5,757
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.50% $6,732
Waterstone Mortgage Corporation 1 6.88% $4,796
21ST MORTGAGE CORPORATION 1 8.50% $6,111

Carlsbad - Artesia Average Closing Costs & Other Stats

Carlsbad-Artesia, NM's 58 lenders originated 790 loans during 2023. The total origination value was $178,030,000, with an average loan value of $225,354.

Carlsbad - Artesia's average closing costs are $5,976.

The top Carlsbad - Artesia lender as defined by loan originations is QUICKEN LOANS, LLC, with 50 loans originated. Their average total fees are $7,210, which is $3,848 higher than the next largest lender, First American Bank.

The lowest fee Carlsbad - Artesia lenders (with over 10 loans originated) are First American Bank ($3,362), QUICKEN LOANS, LLC ($7,210), .

The lowest rate Carlsbad - Artesia lenders (with over 10 loans originated) are First American Bank (6.66%), QUICKEN LOANS, LLC (6.82%), .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
QUICKEN LOANS, LLC $36,255,000 $20,840,000 -42.5% 11.7%
Western Commerce Bank $18,950,000 $14,425,000 -23.9% 8.1%
Citizens Bank of Las Cruces $11,005,000 n/a 6.2%
First American Bank $12,395,000 $10,065,000 -18.8% 5.7%
ACADEMY MORTGAGE CORPORATION $15,460,000 $9,110,000 -41.1% 5.1%
GUILD MORTGAGE COMPANY $5,785,000 $7,635,000 32.0% 4.3%
GENEVA FINANCIAL, LLC $330,000 $5,755,000 1,643.9% 3.2%
AMCAP MORTGAGE, LTD. $8,835,000 $5,640,000 -36.2% 3.2%
Prosperity Home Mortgage, LLC $1,240,000 $5,425,000 337.5% 3.0%
UNITED WHOLESALE MORTGAGE, LLC $3,030,000 $4,880,000 61.1% 2.7%
Mortgage Research Center, LLC $7,195,000 $4,805,000 -33.2% 2.7%
PRIMARY RESIDENTIAL MORTGAGE, INC. $7,415,000 $4,540,000 -38.8% 2.6%
CMG MORTGAGE, INC. $6,785,000 $3,970,000 -41.5% 2.2%
Wells Fargo Bank $6,205,000 $3,905,000 -37.1% 2.2%
21ST MORTGAGE CORPORATION $2,990,000 $3,885,000 29.9% 2.2%
Goldwater Bank, N.A. $5,345,000 $3,680,000 -31.2% 2.1%
LOANDEPOT.COM, LLC $6,485,000 $3,125,000 -51.8% 1.8%
GUARANTEED RATE AFFINITY, LLC $2,060,000 $2,730,000 32.5% 1.5%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,370,000 $2,630,000 11.0% 1.5%
NAVY FEDERAL CREDIT UNION $3,210,000 $2,575,000 -19.8% 1.4%
U.S. Bank $1,205,000 $2,530,000 110.0% 1.4%
USAA Federal Savings Bank $3,405,000 $2,415,000 -29.1% 1.4%
PREMIA MORTGAGE, LLC $3,320,000 $2,005,000 -39.6% 1.1%
BROKER SOLUTIONS, INC. $825,000 $1,810,000 119.4% 1.0%
SECURITYNATIONAL MORTGAGE COMPANY $320,000 $1,645,000 414.1% 0.9%
JPMorgan Chase Bank $3,245,000 $1,600,000 -50.7% 0.9%
Waterstone Mortgage Corporation $555,000 $1,550,000 179.3% 0.9%
Paramount Residential Mortgage Group, Inc. $2,035,000 $1,425,000 -30.0% 0.8%
AMERISAVE MORTGAGE CORPORATION $2,300,000 $1,385,000 -39.8% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $2,410,000 $1,300,000 -46.1% 0.7%
ZILLOW HOME LOANS, LLC $765,000 $1,230,000 60.8% 0.7%
Gateway First Bank $5,435,000 $1,165,000 -78.6% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $350,000 $1,155,000 230.0% 0.6%
GUARANTEED RATE, INC. $1,180,000 $1,075,000 -8.9% 0.6%
SUN AMERICAN MORTGAGE COMPANY $375,000 $1,050,000 180.0% 0.6%
MUTUAL OF OMAHA MORTGAGE, INC. $405,000 $1,010,000 149.4% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $930,000 $965,000 3.8% 0.5%
PNC Bank $1,425,000 $960,000 -32.6% 0.5%
PLAZA HOME MORTGAGE, INC. $820,000 $935,000 14.0% 0.5%
MID AMERICA MORTGAGE, INC. $885,000 n/a 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $265,000 $660,000 149.1% 0.4%
CORNERSTONE HOME LENDING, INC. $1,300,000 $650,000 -50.0% 0.4%
Amarillo National Bank $575,000 n/a 0.3%
Sierra Pacific Mortgage Company, Inc. $1,190,000 $570,000 -52.1% 0.3%
Neighborhood Loans, Inc. $560,000 n/a 0.3%
PENNYMAC LOAN SERVICES, LLC $1,095,000 $545,000 -50.2% 0.3%
NBKC BANK $530,000 n/a 0.3%
SOUTHWEST STAGE FUNDING, LLC $555,000 $520,000 -6.3% 0.3%
Century Mortgage Company DBA Century Lending Company $1,005,000 $515,000 -48.8% 0.3%
The First National Bank of Sonora $515,000 n/a 0.3%
COUNTRYPLACE MORTGAGE, LTD. $475,000 n/a 0.3%
Plains Commerce Bank $640,000 $470,000 -26.6% 0.3%
Town Square Mortgage & Investments, Inc. $470,000 n/a 0.3%
AMERICAN FINANCIAL NETWORK, INC. $455,000 n/a 0.3%
SUMMIT FUNDING, INC. $425,000 n/a 0.2%
Commerce Home Mortgage, Inc. $565,000 $400,000 -29.2% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,385,000 $395,000 -71.5% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $370,000 $375,000 1.4% 0.2%
HOME FUNDING CORPORATION $385,000 $375,000 -2.6% 0.2%
BETTER MORTGAGE CORPORATION $1,885,000 $365,000 -80.6% 0.2%
Deseret First Credit Union $365,000 n/a 0.2%
Truity Federal Credit Union $745,000 $365,000 -51.0% 0.2%
RBC Bank, (Georgia) $205,000 $360,000 75.6% 0.2%
T2 FINANCIAL LLC $350,000 n/a 0.2%
Firstar Bank $340,000 n/a 0.2%
Loan Simple, Inc. $595,000 $325,000 -45.4% 0.2%
First Federal Bank $315,000 n/a 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $95,000 $310,000 226.3% 0.2%
MICHIGAN MUTUAL, INC. $340,000 $305,000 -10.3% 0.2%
EMBRACE HOME LOANS, INC. $165,000 $295,000 78.8% 0.2%
Princeton Mortgage Corporation $295,000 n/a 0.2%
Zions Bank $25,000 $290,000 1,060.0% 0.2%
UNION HOME MORTGAGE CORP. $365,000 $285,000 -21.9% 0.2%
First United Bank $275,000 n/a 0.2%
OAKTREE FUNDING CORP. $275,000 n/a 0.2%
PLANET HOME LENDING, LLC $450,000 $275,000 -38.9% 0.2%
OCMBC, INC. $270,000 n/a 0.2%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $265,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $255,000 n/a 0.1%
LOANPAL, LLC $750,000 $250,000 -66.7% 0.1%
Pioneer Bank $505,000 $235,000 -53.5% 0.1%
AMERICAN HERITAGE LENDING, INC. $210,000 n/a 0.1%
Discover Bank $315,000 $205,000 -34.9% 0.1%
NEWREZ LLC $1,400,000 $205,000 -85.4% 0.1%
ROYAL UNITED MORTGAGE LLC $65,000 $200,000 207.7% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $1,730,000 $195,000 -88.7% 0.1%
SANDIA LABORATORY $190,000 n/a 0.1%
Southwest Bank $185,000 n/a 0.1%
Bank of England $155,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $525,000 $155,000 -70.5% 0.1%
Equity Prime Mortgage LLC $155,000 n/a 0.1%
DIRECTORS MORTGAGE, INC. $145,000 n/a 0.1%
Bank of America $195,000 $140,000 -28.2% 0.1%
Figure Lending LLC $55,000 $135,000 145.5% 0.1%
NEXERA HOLDING LLC $135,000 n/a 0.1%
City Bank $290,000 $125,000 -56.9% 0.1%
FLAT BRANCH MORTGAGE, INC. $540,000 $105,000 -80.6% 0.1%
First Financial Bank $95,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $75,000 $65,000 -13.3% 0.0%
Coastal Community Bank $60,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $55,000 n/a 0.0%
BOKF $1,365,000 $45,000 -96.7% 0.0%
Del Norte Credit Union $45,000 n/a 0.0%
Washington Federal Bank $210,000 $35,000 -83.3% 0.0%

Carlsbad - Artesia's top lender by overall market share is QUICKEN LOANS, LLC, with 11.7% market share. In second place, with 8.1%, is Western Commerce Bank, having originated $14,425,000 in loans. In third place, with 6.2%, is Citizens Bank of Las Cruces, having originated $11,005,000 in loans. In fourth place, with 5.7%, is First American Bank, having originated $10,065,000 in loans. In fifth place, with 5.1%, is ACADEMY MORTGAGE CORPORATION, having originated $9,110,000 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 $232,500 (19.9%) $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 (23.7%) $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%) $272,855 (-7.4%) 0.00 289
2021-05-01 $234,900 (-17.7%) $274,175 (-2.6%) 0.00 276
2021-06-01 $240,750 (-12.8%) $271,799 (-2.7%) 0.00 261
2021-07-01 $242,750 (-8.0%) $278,540 (0.3%) 0.00 255
2021-08-01 $244,625 (-4.2%) $282,679 (0.8%) 0.00 260
2021-09-01 $239,950 (-7.0%) $296,105 (6.0%) 0.00 253
2021-10-01 $239,000 (-9.8%) $290,129 (-1.3%) 0.00 252
2021-11-01 $239,000 (-9.5%) $289,563 (-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 (13.8%) 0.00 145
2022-05-01 $246,500 (4.9%) $304,565 (11.1%) 0.00 160
2022-06-01 $244,500 (1.6%) $302,084 (11.1%) 0.00 174
2022-07-01 $242,000 (-0.3%) $291,441 (4.6%) 0.00 194
2022-08-01 $242,500 (-0.9%) $285,233 (0.9%) 0.00 173
2022-09-01 $249,200 (3.9%) $299,264 (1.1%) 0.00 168
2022-10-01 $239,900 (0.4%) $303,443 (4.6%) 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
2023-11-01 $300,000 (17.0%) $331,350 (10.1%) 0.00 111
2023-12-01 $310,850 (17.3%) $332,696 (10.7%) 0.00 102
2024-01-01 $317,500 (5.9%) $339,900 (1.3%) 0.00 87
2024-02-01 $315,213 (4.9%) $361,339 (6.2%) 0.00 76
2024-03-01 $308,750 (3.2%) $360,340 (5.3%) 0.00 74
2024-04-01 $295,500 (1.9%) $353,029 (-3.5%) 0.00 86
2024-05-01 $311,225 (4.2%) $370,866 (9.4%) 0.00 88
2024-06-01 $325,825 (3.7%) $374,548 (7.9%) 0.00 94
2024-07-01 $333,280 (4.4%) $347,129 (-5.5%) 0.00 100
2024-08-01 $317,450 (2.1%) $324,390 (-2.6%) 0.00 108
2024-09-01 $288,900 (-4.5%) $314,902 (-0.8%) 0.00 118
Carlsbad - Artesia's median listing price for 2024-09-01 was $288,900, a difference of $-13,600 (-4.5%) versus the prior year and $-28,550 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 2024-09-01 was $314,902, a difference of $-2,602 (-0.8%) versus the prior year and $-9,488 versus the prior month.

For the 2024-09-01 period, Carlsbad - Artesia had 118 MLS listings, a difference of 10 listings (9%) versus the prior month and 10 listings (9%) 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 1,762 sqft
2021-05-01 0 days 1,781 sqft
2021-06-01 0 days 1,783 sqft
2021-07-01 0 days 1,818 sqft
2021-08-01 0 days 1,784 sqft
2021-09-01 0 days 1,787 sqft
2021-10-01 0 days 1,761 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
2023-11-01 0 days 1,897 sqft
2023-12-01 0 days 1,897 sqft
2024-01-01 0 days 1,871 sqft
2024-02-01 0 days 1,807 sqft
2024-03-01 0 days 1,806 sqft
2024-04-01 0 days 1,805 sqft
2024-05-01 0 days 1,818 sqft
2024-06-01 0 days 1,831 sqft
2024-07-01 0 days 1,834 sqft
2024-08-01 0 days 1,834 sqft
2024-09-01 0 days 1,809 sqft
Carlsbad - Artesia's median listing age (time on market) for 2024-09-01 was 0 days.

Carlsbad - Artesia's median square footage for active listings during the 2024-09-01 period was 1,809 sqft. One year prior, the average listing was 1,892 sqft.

Carlsbad-Artesia, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 675 $161,545,000 $239,326
Cash Out Refi 55 $8,755,000 $159,182
Other 29 $3,225,000 $111,207
Refi 22 $3,890,000 $176,818
Home Improvement 9 $615,000 $68,333

Carlsbad - Artesia's most frequently cited loan purpose was Home Purchase, with 675 originations. The 2nd most popular reason was Cash Out Refi, with 55 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 281 $81,355,000 $289,520
7-8% 169 $39,445,000 $233,402
Over 8% 134 $11,370,000 $84,851
5-6% 130 $28,850,000 $221,923
<2.5% 6 $310,000 $51,667
4-5% 3 $485,000 $161,667
2.5-3% 3 $815,000 $271,667
3-4% 2 $460,000 $230,000

During 2023, Carlsbad - Artesia's most frequently originated rate bucket was 6-7%, with 281 originations.

Loan Sizing (Carlsbad-Artesia, NM MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 346 $99,580,000 $287,803
$100k-200k 264 $40,990,000 $155,265
$100,000 or less 139 $6,105,000 $43,921
$400k-600k 34 $15,590,000 $458,529
$600k-1000k 4 $2,650,000 $662,500
$Over $1MM 3 $13,115,000 $4,371,667

Carlsbad - Artesia's loan sizing saw the bucket of loans from $200k-400k with 346 originations, totaling $99,580,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 487 $117,995,000 $242,290
60-80% 99 $32,785,000 $331,162
Under 20% 74 $1,300,000 $17,568
40-60% 26 $3,780,000 $145,385
20-40% 18 $1,360,000 $75,556
Over 100% 18 $5,150,000 $286,111

Carlsbad - Artesia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 487 originations, totaling $117,995,000 in origination value.