Here is the Oceanside Market Report for February 2025. And here is the Market Report for January as a comparison.
The Oceanside housing market continues to evolve. This market report does not include private sales, mobile, or multifamily housing (information was found in the MLS and is believed accurate when this report was written but not guaranteed).
Having up-to-date information about local market conditions from a knowledgeable REALTOR can help you make informed buying and selling decisions.
119 homes sold in Oceanside, 24% more sales than in January.
OCEANSIDE MARKET REPORT DETAILS
Single Family Homes Sold – 85 (up 33%). 34 Average Days on Market. Average Sales Price was $947,083 (down 4%). The Average Sales Price was 97% of the original asking price.
Condos, Townhomes & Duplexes Sold – 34 (up by 2). 42 Average Days on market. Average Sales Price was $755,932 (up 11%). The Average Sales Price was 98% of the original asking price.
Overall sales volume for February increased significantly from January. There were substantially more single family detached home sales. There were 2 more condo, townhome and duplex sales. The average sales price was lower for single family homes, but higher for condos, townhomes, and duplexes. February sales prices ranged from $325,000 to $2,627,500.
The average time on the market was shorter for single family homes than last month. Time on the market was also shorter for condos, townhomes and duplexes. 30% of the homes went pending in 7 days or less.
Over half of the home buyers negotiated their purchase prices. At the same time, 46% paid asking price or more. The median sales price of single family homes was 3% lower than last month, at $915,000. In contrast, the median price for condos, townhomes and duplexes was 10% higher at $682,150.
At the end of February there were 275 Oceanside homes for sale, compared to 243 last month, up 13%. Home prices range from $265,000 to $8,495,000.
As a result, there is a 2.1 month supply of single family homes (up from 1.8 months last month). And there is a 3 month supply for condos, townhomes and duplexes (up from 2.4 months in January). This is based on the rate of sales over the last 3 months.
The Oceanside market remains a strong seller’s market, based on supply and demand, for condos, townhomes and duplexes, as well as for single family homes.
165 Oceanside homes were listed for sale in February, a decline from 178 last month. On the other hand, the number of Oceanside homes going pending increased, from 92 in January to 109 (excluding the homes that closed in February).
I’m happy to provide more information about the Oceanside real estate market for specific zip codes, neighborhoods, or price ranges. This will enable you to make educated decisions about your Oceanside home purchase or sale.
Please reach out to me directly or by text at (760) 840-1360 to discuss your particular housing needs, lifestyle, budget and questions. Then we can create a strategy to help you buy your new home, and/or sell your current Oceanside home depending on your plans.