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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 Happened in the Oceanside Real Estate Market in September 2014?

Oceanside Homes for Sale

What Happened in the Oceanside Real Estate Market in September 2014?

 

Oceanside Investment Poperties for sale, and Condos and Homes for Sale in Oceanside CAThe Oceanside real estate market has undergone many shifts and continues to evolve. This market report does not include any private sales nor manufactured, mobile or multifamily housing; the numbers are derived from the MLS and are believed to be accurate at the time this report was written, but are not guaranteed.

 

Media reports speak in general terms, so their information does not represent the reality of the local Oceanside housing market. Having data from a knowledgeable REALTOR about local market conditions benefits you as a buyer or seller for making informed decisions about Oceanside homes for sale.

 

READ MORE:

 Oceanside California – A Growing and Changing Coastal San Diego Community

 

In September 2014 there were 188 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), an increase of 3% from last month. Here’s the breakdown of overall activity.

 

 

TOTAL

DETACHED

ATTACHED

# Sold

188 (up 3%)

116 (down 11%)

72 (up 38%)

Average $

$433,714 (no change)

$480,896 (no change)

$357,699 (up 8%)

Days on Market

44

42

48

Sale $/List $

96%

95%

97%

 

Overall sales volume increased in September, but this was due to a significant increase in attached home sales since we saw a drop in the number of detached homes sold. 23% of the September home sales were cash transactions, the same as last month. Average sale prices shifted up for attached homes but did not change for detached.

 

Oceanfront homes and condos for sale in Oceanside, CA and Oceanside Properties For Sale

 

Buyers, on average, negotiated 3 - 5% off asking price but some homes sold for more than the list price. The MEDIAN sale price of detached homes was $461,500 (up 5%), and $310,000 (up 12%) for attached/condos.

 

At the end of September 2014 there were 519 Oceanside homes for sale, a modest increase in inventory by 2% and the 8th consecutive increase. This represents an inventory of 2.5months for detached homes (the same as last month) and 3 months for attached homes (up from 2.9 last month) based on the current rate of sales over the last 6 months – the Oceanside market remains competitive and remains a strong seller’s market.

 

READ MORE: 

How Important is Inventory when Buying or Selling? Very!!

 

In September 215 Oceanside homes came on the market, a decrease of 15% from August. The number of Oceanside homes going pending also declined, by 18%, from last month, with 146 pendings (excluding homes that actually sold in September).

 

I’m happy to provide more details about the Oceanside real estate market and within specific zip codes, areas or price ranges to help you make an informed decision about your home purchase or sale.

 

SEARCH FOR OCEANSIDE HOMES FOR SALE

SEARCH FOR OCEANSIDE CONDOS FOR SALE

 

READ MORE:

 

Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in August 2014?

 

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If I can provide more information about Carlsbad homes and real estate for sale and surrounding areas, the housing market in general (or locally), or otherwise assist you, friends or family in a home search or sale, please contact my mobile office or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com

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0 commentsJeff Dowler CRS • October 31 2014 07:15AM
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