Here’s the Oceanside Market Report for January 2025. And here’s the Market Report for December 2024 as a comparison.
The Oceanside housing market continues to change. 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).
It’s important to have up-to-date information about local market conditions from a knowledgeable REALTOR to help you make informed buying and selling decisions.
There were 96 homes sold in Oceanside, which is 23% fewer sales than in December.
OCEANSIDE MARKET REPORT DETAILS
Single Family Homes Sold – 64 (down 22%). 43 Average Days on Market. Average Sales Price was $984,714 (down 7%). The Average Sales Price was 98% of the original asking price.
Condos, Townhomes & Duplexes Sold – 32 (down by 24%). 57 Average Days on Market. Average Sales Price was $683,956 (down 3%). The Average Sales Price was 97% of the original asking price.
Overall sales volume for January declined from December. There were fewer single family detached home sales, and condo, townhome and duplex sales decreased as well. The average sales price was lower for single family homes, as it also was for condos, townhomes, and duplexes. Sales prices ranged from $325,000 to $2,475,000.
The average time on the market was longer for single family homes than last month. The average marketing time was also lower for condos, townhomes and duplexes. 28% of the homes went pending in 7 days or less.
While over half of the home buyers were able to negotiate their purchase prices, 45% paid asking price or more. The median sales price of single family homes was 2% lower than last month, at $938,500. In contrast, the median sales price of $618,200 for condos, townhomes and duplexes was 1% higher than in December.
At the end of January there were 243 Oceanside homes for sale, compared to 211 last month, a 15% increase. List prices range from $265,000 to $8,495,000.
As a result, there is a 1.8 month supply of single family homes (up from 1.3 months last month). There is a 2.4 month supply for condos, townhomes and duplexes (up from 2.1 months last month). This is based on the rate of sales over the last 3 months.
The Oceanside market remains a strong seller’s market based on the supply and demand for condos, townhomes and duplexes. There is a very strong seller’s market for single family homes.
178 Oceanside homes were listed for sale in January, an increase from 81 in December. The number of Oceanside homes going pending also rose, from 62 last month to 92 (excluding the homes that closed in January). I’m happy to provide more information about the Oceanside real estate market for specific zip codes, neighborhoods, or price ranges. This will help you make informed decisions about your 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 develop a plan to help buy your new home, and/or sell your current Oceanside home if that is your desire.