Oceanside Real Estate Market Report for August 2011
The Oceanside real estate market has undergone many shifts and continues to evolve. This market 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 in making informed decisions.
READ MORE: Oceanside California – A Growing and Changing Coastal San Diego Community
In August 2011 there were 150 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), 11% fewer than last month, a second month of decline. Here’s the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
150 (down 11%) |
93 (down 9%) |
57 (down 8%) |
|
Average $
|
$305,540 (up 6%) |
$361,854 (up 9%) |
$213,659 (down 3%) |
|
Days on Market
|
72 |
66 |
81 |
|
Sale $/List $
|
97% |
99% |
95% |
Sales volume declined from July volume overall, the second month of decline. In contrast the average sales prices of detached homes rose 9% over July, but declined for attached.
At the end of August 2011 there were 961 Oceanside homes for sale, an increase of 3% over last month. This represents an inventory of 5.8 months for detached homes (down from 6.3 months in June) and 4.7 months for attached homes (down from 5.3 months in June) based on the current rate of sales over the last 6 months.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In August 275 Oceanside homes came on the market, about 27% more than in July (216). During August the number of homes going pending (169) remained about the same as in July (170).
More details can be provided with regard to the Oceanside real estate market and within specific zip codes, areas or price ranges if you would find that beneficial.
SEARCH FOR OCEANSIDE HOMES FOR SALE
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READ MORE:
Oceanside Homes for Sale | Oceanside Real Estate Market Report for July 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for June 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for May 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for April 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for March 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for February 2011
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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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Jeff
Nice market report on homes for sale in Oceanside. Looks like there was an increase in sales.
Jeff, July and August tend to be tough months around here as well, but we usually start to see more activity again in September until the Holidays roll around.
Great informational piece in regards to inventory & Oceanside homes for sale. Knowing inventory is VERY important!