There does not seem to be much activity at La costa oaks, although Stoneridge seems to be having a hard time finishing out their sales.

Just up the road Rancho Carrillo seems to be hurting. I have been tracking houses there since October and many are still on the market. I’ve seen many houses that have been reduced by about 5-10% (whether the original asking price was reasonable is another story). I think that Rancho Carrillo is an anomaly, however, because of so many new develop coming up around it. Furthermore, despite being in Carlsbad it is located in the San Marcos school district. Why pay a Carlsbad price for San Marcos schools?