Carlsbad, NM (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Carlsbad, NM Metro in February 2026 was 50. The month over month percentage change (MoM) was -1.96%, and the year over year percentage change (YoY) was -19.35%.

The chart below shows the trend of the market heat index for the Carlsbad, NM metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Carlsbad, NM metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Carlsbad, NM (Metro) - Trend of Market Heat Index for All Homes
Carlsbad, NM (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 41 NaN NaN
Feb 2018 48 17.07 NaN
Mar 2018 46 -4.17 NaN
Apr 2018 52 13.04 NaN
May 2018 60 15.39 NaN
Jun 2018 0 -100.00 NaN
Jul 2018 64 Infinity NaN
Aug 2018 49 -23.44 NaN
Sep 2018 44 -10.20 NaN
Oct 2018 49 11.36 NaN
Nov 2018 48 -2.04 NaN
Dec 2018 46 -4.17 NaN
Jan 2019 53 15.22 29.27
Feb 2019 61 15.09 27.08
Mar 2019 53 -13.11 15.22
Apr 2019 51 -3.77 -1.92
May 2019 56 9.80 -6.67
Jun 2019 54 -3.57 Infinity
Jul 2019 52 -3.70 -18.75
Aug 2019 49 -5.77 0.00
Sep 2019 49 0.00 11.36
Oct 2019 40 -18.37 -18.37
Nov 2019 40 0.00 -16.67
Dec 2019 44 10.00 -4.35
Jan 2020 45 2.27 -15.09
Feb 2020 49 8.89 -19.67
Mar 2020 48 -2.04 -9.43
Apr 2020 49 2.08 -3.92
May 2020 40 -18.37 -28.57
Jun 2020 36 -10.00 -33.33
Jul 2020 41 13.89 -21.15
Aug 2020 46 12.20 -6.12
Sep 2020 48 4.35 -2.04
Oct 2020 46 -4.17 15.00
Nov 2020 51 10.87 27.50
Dec 2020 54 5.88 22.73
Jan 2021 48 -11.11 6.67
Feb 2021 0 -100.00 -100.00
Mar 2021 53 Infinity 10.42
Apr 2021 53 0.00 8.16
May 2021 55 3.77 37.50
Jun 2021 42 -23.64 16.67
Jul 2021 44 4.76 7.32
Aug 2021 49 11.36 6.52
Sep 2021 58 18.37 20.83
Oct 2021 50 -13.79 8.70
Nov 2021 44 -12.00 -13.72
Dec 2021 42 -4.54 -22.22
Jan 2022 46 9.52 -4.17
Feb 2022 45 -2.17 Infinity
Mar 2022 41 -8.89 -22.64
Apr 2022 41 0.00 -22.64
May 2022 44 7.32 -20.00
Jun 2022 49 11.36 16.67
Jul 2022 45 -8.16 2.27
Aug 2022 42 -6.67 -14.29
Sep 2022 39 -7.14 -32.76
Oct 2022 45 15.39 -10.00
Nov 2022 48 6.67 9.09
Dec 2022 48 0.00 14.29
Jan 2023 48 0.00 4.35
Feb 2023 53 10.42 17.78
Mar 2023 54 1.89 31.71
Apr 2023 52 -3.70 26.83
May 2023 51 -1.92 15.91
Jun 2023 50 -1.96 2.04
Jul 2023 51 2.00 13.33
Aug 2023 50 -1.96 19.05
Sep 2023 50 0.00 28.21
Oct 2023 51 2.00 13.33
Nov 2023 52 1.96 8.33
Dec 2023 50 -3.85 4.17
Jan 2024 54 8.00 12.50
Feb 2024 59 9.26 11.32
Mar 2024 66 11.86 22.22
Apr 2024 67 1.52 28.85
May 2024 65 -2.98 27.45
Jun 2024 59 -9.23 18.00
Jul 2024 54 -8.47 5.88
Aug 2024 51 -5.56 2.00
Sep 2024 53 3.92 6.00
Oct 2024 51 -3.77 0.00
Nov 2024 49 -3.92 -5.77
Dec 2024 53 8.16 6.00
Jan 2025 59 11.32 9.26
Feb 2025 62 5.09 5.09
Mar 2025 62 0.00 -6.06
Apr 2025 61 -1.61 -8.95
May 2025 62 1.64 -4.61
Jun 2025 61 -1.61 3.39
Jul 2025 60 -1.64 11.11
Aug 2025 58 -3.33 13.73
Sep 2025 61 5.17 15.09
Oct 2025 58 -4.92 13.73
Nov 2025 57 -1.72 16.33
Dec 2025 52 -8.77 -1.89
Jan 2026 51 -1.92 -13.56
Feb 2026 50 -1.96 -19.35