Carlsbad - Artesia Mortgage Rates & Closing Costs
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% |
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.).
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. LouisDate | 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 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. LouisDate | 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 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.