Carlsbad Real Estate News and Views

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What’s my Encinitas Home Worth? Encinitas Homes for Sale December 2019

What’s the Value of my Encinitas Home?

Encinitas Home Sales for December 2019

 

Moonlight Beach in Encinitas CABuyers and sellers in the Encinitas real estate market must understand local market conditions, and the impact they have on buying and selling, so they can make informed and educated decisions about Encinitas homes for sale.

 

Here’s what happened in the Encinitas housing market for December 2019 based on data from the MLS (private sales are not included nor are manufactured, mobile, or multi-family homes). These data are deemed reliable at the time this was written, but are not guaranteed.

 

READ MORE:

Encinitas – An Eclectic Seaside Community

Leucadia- Surfers' Beach Community in Encinitas CA

 

46 homes sold in Encinitas in December, down 6% from last month. Here’s the breakdown of overall activity.

 

Detached Homes Sold
32 (up 3%), 49 Days on Market, Average Sales Price $1,555,796 (up 5%), Average sale was 95% of original asking price

Attached Homes (condos, town homes) Sold
14 (down 22%), 18 Days on Market, Average Sales Price $732,107 (no change), Average sale was 98% of original asking price

 

Sales volume of Encinitas home sales dropped overall, with 1 more detached home sale but a decline for attached homes, for a net loss. Looking back 1 year, we see there were 2 fewer detached home sales than in December 2018 but 4 more attached home sales.

 

Explore the Encinitas CA lifestyle in this slideshow

 

The average sales price rose for single family detached homes but did not shift for attached homes compared to last month. Compared to the December 2018 the average price was lower by 16% for the detached homes that sold in 2019 (no doubt due to the sale of 2 homes in 2018 at $7M and $9.75M that raised the average), and lower by 30% for the attached homes (impacted by the sale in 2018 of 2 attached homes at over $2M that raised the sales price average substantially).

 

The average time on the market was longer for single family detached homes but shorter for attached homes sales compared to November.

 

The median sales price for detached single family homes was $1,377,500 (up 2%) and $715,000 (up 13%) for attached properties.

 

Buyers in the Encinitas real estate market, on average, negotiated 2 - 5% off the original asking price for their homes; however, 35% of the buyers paid asking price or better for their new homes. 22% of the transactions were for cash.

 

There was 1 home with a Contingent status at the end of December, the same as last month, a first right of refusal (i.e., typically these are short sale and foreclosure homes with offers that are considered by the lenders but some are first right of refusals). Contingent homes are considered Active and are included in the overall statistics, but some are no longer available to be shown or may not be accepting offers.

 

Encinitas home

 

For December 2019 the Encinitas real estate inventory decreased by 19%, to 88 – not a surprise for the holiday season - with homes ranging in price from $89,000 (a tiny home) to $8,925,000. This represents an inventory of 1.5 months for attached homes, down from 1.7 months last month, and 2.2 months for detached homes at the current rate of sales, down from 2.3 months last month (over a 3-month sales period). The Encinitas real estate market remains a very strong seller’s market.

 

34 Encinitas homes came on the market in December, another decline but not a surprise for the holidays; similarly, the number of homes going pending in December (excluding homes that actually closed in December) decreased significantly by 43%, to 27, from last month.

 

I am happy to share more details about real estate in Encinitas with regard to current and past activity, as well as in specific communities including Encinitas Ranch, Leucadia, and Olivenhain or particular neighborhoods that are of interest.

 

If I can provide more specific local market information, answer any questions about the market conditions in general or in specific neighborhoods, or assist you in selling your Encinitas home or buying a new property, please contact me at (760) 840-1360 or at JeffDowlerSolutions@gmail.com so we can sit down and plan the appropriate strategy to help you accomplish your real estate goals.

 

SEARCH FOR ENCINITAS HOMES FOR SALE

 

READ MORE:

Encinitas Homes for Sale – What Happened in the Encinitas Real Estate Market in November 2019

 

My Jeff Dowler signature

 

**************************************

eXpRealty of California, Inc. logo

 CHECK OUT THESE USEFUL REAL ESTATE & COMMUNITY LINKS BELOW (just click)

 

Click to Search for All San Diego Homes

 

Free Home Valuation Button

 

My "At Home In Carlsbad" blog (click photo)

At Home In Carlsbad blog

 

365 Things to Do in Carlsbad (and Nearby) on Facebook   

  Jeff Dowler's Facebook Profile   Jeff Dowler's YouTube Profile    Jeff Dowler's Twitter Profile   Jeff Dowler's LinkedIn Profile

 

      Certified Residential Specialist (CRS) logo

 

MORE ABOUT THE SOUTHERN CALIFORNIA RELOCATION DUDE (link)

 

If I can provide more information about homes for sale in Carlsbad and in surrounding areas, local housing market conditions, or assist you, friends or family in a purchase or sale, please call or text me at (760) 840-1360, or email me at JeffDowlerSolutions@gmail.com

 

HOW ABOUT A FREE EQUITY ANALYSIS ON YOUR CURRENT HOME?

CALL or TEXT ME AT (760) 840-1360

 

Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and  Greater San Diego

All content ©Copyright 2020 by Jeff Dowler. All rights reserved.

eXp Realty of California, Inc. (CA DRE lic #01490977)

Comment balloon 1 commentJeff Dowler, CRS • January 06 2020 09:03PM
What’s my Encinitas Home Worth? Encinitas Homes for Sale December 2019
share
What’s the Value of my Encinitas Home? Encinitas Home Sales for December 2019 Buyers and sellers in the Encinitas real estate market must understand local market conditions, and the impact they have on buying and selling, so they can make informed… more
What’s My Carlsbad Home Worth? Carlsbad Home Sales for December 2019
share
What’s the Value of My Carlsbad Home? Carlsbad Market Report for December 2019 The Carlsbad real estate market continues to change, with several shifts from last month and 1 year ago. These data do not include private sales or manufactured/mobile… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report December 2019
share
What’s the Value of My Cardiff-by-the-Sea Home? Cardiff Homes Sales for December 2019 Buyers and sellers in the Cardiff real estate market need accurate and up to date information about current local market conditions in order to make informed… more
What's My La Jolla Home Worth? La Jolla Home Sales for November 2019
share
What's the Value of My La Jolla Home? La Jolla Real Estate Market November 2019 The La Jolla real estate market is one of the most expensive in San Diego County. If you take a virtual visit to La Jolla (see link below ), or in real life, you'll… more
What’s my Escondido Home Worth? Escondido Home Sales in November 2019
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in November 2019 Escondido is an inland community in North San Diego County, about 20 miles from the beaches, depending on your route, and just east of San Marcos. Buyers and… more
What’s my Solana Beach Home Worth? Market Report for November 2019
share
What’s the Value of my Solana Beach Home? Solana Beach Home Sales for November 2019 Solana Beach is an affluent coastal town south of Encinitas and Cardiff, and one of the more expensive coastal communities in North San Diego County. … more
Holiday Music in Carlsbad Village December 19 – 24, 2019
share
Carlsbad Village Holiday Music December 19 – 24, 2019 There is plenty of holiday music playing at this time of year, as well as in-person live opportunities in Carlsbad Village until Christmas. Enjoy some shopping and the window displays before… more
What is My Oceanside Home Worth? Market Report for November 2019
share
What's the Value of My Oceanside Home? Oceanside Home Sales for November 2019 The Oceanside real estate market continues to evolve. This market report does not include private sales or manufactured, mobile, or multifamily housing; the numbers are… more
What’s my San Marcos Home Worth? San Marcos Home Sales November 2019
share
What’s the Value of my San Marcos Home? San Marcos Market Report for November 2019 The San Marcos real estate market continues to shift. These data do not include private sales or manufactured housing; the data are derived from the MLS and are… more
What’s My Del Mar Home Worth? Del Mar Real Estate Market November 2019
share
What’s the Value of My Del Mar Home? Del Mar Home Sales in November 2019 Del Mar, a small coastal town in North San Diego County, is one of our more expensive communities. Del Mar so far holds the record for the most expensive property sold… more