The Oceanside real estate market has undergone many shifts and continues to evolve, especially with the number of distress sales. This report does not include any private sales nor manufactured or mobile housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.
Media reports speak in general terms, so information may not represent the reality of the local Oceanside real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller for making informed decisions about a purchase or sale.
READ MORE: Oceanside California - A Growing and Changing Coastal San Diego Community
In December 2009 there were 199 homes sold in Oceanside's 4 zip codes (92054, 92056, 92057, 92058), as compared to 156 in November (an increase of 27%). Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
199 (up 27%) |
134 (up 29%) |
65 (up 23%) |
|
Average $
|
$304,547 (up 1%) |
$357,123 (up 1%) |
$205,344 (no change) |
|
Days on Market
|
100 |
99 |
100 |
|
Sale $/List $
|
100% |
99% |
100% |
In Oceanside there were 293 homes with a contingent status at the end of December, down modestly from November. This represents 44% of all the homes for sale. Buyers entering the Oceanside real estate market are seeing almost 1/2 of the inventory already with offers in for approval for short sales and REOs. (Note: these are not the only short sale and REO homes for sale, just those with offers). These contingent homes are included in the overall Active stats below.
At the end of December 2009 the Oceanside real estate market had 669 homes for sale, down 6% from November which had dropped 7% from October. This represents an inventory of 2.6 months for detached homes (down from 2.8 months in November) and 4 months for attached homes (down slightly from November) based on the current rate of sales over the last 6 months. The Oceanside real estate market is getting tighter and more competitive at the moment.
In December 195 Oceanside homes came on the market, 41% more than last month, which means more inventory for buyers and hopefully more sales next month. During December 165 homes went pending, the same as last month.
More details can be provided with regard to current activity in the Oceanside real estate market and within the specific zip codes.
READ MORE:
Oceanside Real Estate - Oceanside Real Estate Market Report for November 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for October 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for September 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for August 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for July 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for June 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for May 2009
Oceanside Real Estate - Oceanside Real Estate Market Report for March and April 2009
******************************** If I can provide more information about Oceanside real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net. All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
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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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2.6 months of inventory... wow that is not bad at all. In Jan 09 we were at 22 months statewide...now were down to about 7 months. Still very much a Buyers market over here.
Monika - that's a pretty significant change there. Most of our markets in my area have shifted to low inventory at the lower price points - truly a seller's or banks market under $300K. NOt so true in the midrange - still great for buyers, especially high end.
Jeff
I like this photo. Have I said that before? Probably. Regardless; good job on all those applicable links! I'm slacking so far. I HAVE to get my 2009 reports done!