Carlsbad Real Estate News and Views: What is My Oceanside Home Worth? Oceanside Home Sales for June 2018

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 is My Oceanside Home Worth? Oceanside Home Sales for June 2018

What's the Value of My Oceanside Home?

Oceanside Real Estate Market Report for June 2018

 

Oceanside beachesThe Oceanside real estate market continues to evolve. This market report does not include private sales or manufactured, mobile or multifamily housing; the numbers are taken from the MLS and are believed to be accurate at the time this report was written, but are not guaranteed.

 

Having data from a knowledgeable REALTOR about local market conditions benefits you as a buyer or seller so you can make informed buying or selling decisions about Oceanside homes for sale.

 

READ MORE:

 Oceanside California – A Growing and Changing Coastal San Diego Community

 

In June 2018 there were 200 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), a decrease from May by 3%. Here’s the breakdown of overall activity.

 

TOTAL HOMES SOLD

200(down 3%), 31 Days on Market, Ave. Sales Price $537,958 (down 1%), Ave. sale 98% of asking price

Detached Homes Sold
124 (down 6%), 30 Days on Market, Ave. Sales Price $587,219 (down 5%), Ave. sale 98% of asking price

Attached (condos, town homes) Homes Sold
76 (up 3%), 31 Days on Market, Ave. Sales Price $456,586 (up 9%), Ave. sale 97% of asking price

 

Sales volume decreased slightly in June overall, with a decline in detached home sales but a modest increase in attached home sales. We saw an increase in days on market for both attached and detached homes. 20% of the June home sales were cash transactions, the same as in May. Average sale prices dropped for detached homes but increased for attached homes.

 

Buyers, on average, negotiated 2 - 3% off asking price, however, 42% of the homes sold for list price or better. The MEDIAN sales price of detached homes was $572,500 (down 4%), and $370,000 (down 1%) for attached/condos.

 

There were 16 homes with a CONTINGENT status (typically these are properties waiting for approval by short sale or REO lenders), 4% of the total inventory, compared to 11 last month. These homes are considered active and are included in the statistics below. Some homes with this status may still allow showings or back-up offers. Homes in contingent status can sometimes remain on the market for a number of months awaiting lender approval.

 

Oceanside condos

 

At the end of June 2018 there were 427 Oceanside homes for sale, a 19% increase from May, yet another improvement. This represents an inventory of 1.9 months for detached homes (up from 1.6 months last month) and 2.4 months for attached homes (up from 1.8 months last month) based on the current rate of sales over the last 3 months – the Oceanside market remains a very strong seller’s market.

 

In June 284 Oceanside homes came on the market, just about the same as last month (285). The number of Oceanside homes going pending, however, increased, by 4%, to 201 pendings (excluding homes that actually sold in June).

 

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

 

Why not give me a call at (760) 840-1360 so we can discuss your particular housing needs and budget, review any questions, and develop a strategy to get you into a new Oceanside home in 2018, or to create a plan to sell your current home!

 

SEARCH FOR OCEANSIDE HOMES FOR SALE

 

READ MORE:

What’s My Oceanside Home Worth? Oceanside Market Report May 2018

 

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

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 San Diego

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Comment balloon 4 commentsJeff Dowler, CRS • July 11 2018 12:31AM

Comments

Jeff Dowler, CRS   your market reports  on Oceanside homes  are amazing . I enjoyed reading

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 4 months ago

Thanks Hannah Williams 

You are so kind to say so. And fast - I just posted it!!

Have a great week!

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 4 months ago

If anyone still wonders what's the value of their Oceanside home is they should contact you immediately Jeff...

Posted by Paul S. Henderson, REALTOR®,CRS,, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) 4 months ago

Your local reports and updates are very helpful for those looking to buy or sell real estate and are always filled with lots of valuable info. Thanks for the update Jeff. Hope your business in going well in California!

Posted by Joyce Marsh, Daytona Beach Florida, Coastal Homes and Lifestyles (Joyce Marsh Real Estate) 4 months ago

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