Here is the Market Report for Oceanside for July. And here is the Market Report for June 2024 as a comparison.
The Oceanside housing market continues to shift. This Market Report does not include private sales, mobile, or multifamily housing. Information was taken from the MLS and is believed accurate when this report was written but not guaranteed.
Having current information about local market conditions from a knowledgeable REALTOR will help you make educated buying and selling decisions.
There were 157 homes sold in Oceanside, 17% more sales than in June.
OCEANSIDE MARKET REPORT DETAILS
Single Family Homes Sold – 126 (up 38%). 19 Average Days on Market. The Average Sales Price was $982,987 (up 2%). Average Sales Price was 100% of the original asking price.
Condos, Townhomes & Duplexes Sold – 31 (down 28%); 25 Average Days on market; Average Sales Price was $764,299 (down 10%); the Average Sales Price was 100% of the original asking price.
Overall sales volume for July increased from June. There were more single family detached home sales, while fewer condos, townhomes and duplexes were sold. The average sales price was higher for single family homes, but lower for condos, townhomes, and duplexes. Sales prices ranged from $330,000 to $4,100,000.
The average time on the market was the same for single family homes as last month at 19 days. Marketing time was shorter for condos, townhomes and duplexes than last month at 25 days. 41% of the homes were pending in 1 week or less.
While some buyers were able to negotiate their purchase prices, 57% paid list price or more. The median sales price of single family homes was slightly less than last month, at $915,000. On the other hand, the median price of $669,900 for condos, townhomes and duplexes was 10% higher.
At the end of July there were 306 Oceanside homes for sale, compared to 283 last month. Home prices range from $347,000 to $5,150,000.
As a result, there is a 1.7 month supply of single family homes (up from 1.6 months last month. There is a 3.1 month supply for condos, townhomes and duplexes (up from 2.3 months). This is based on the rate of sales over the last 3 months. The Oceanside market continues to be a strong seller’s market based on the supply and demand.
201 Oceanside homes were listed for sale in July, up from 198 last month. The number of Oceanside homes going pending increased from June (101) to 120, excluding homes that closed in July.
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 an informed decision about your home purchase or sale. Please reach out to me directly or via text at (760) 840-1360 to discuss your personal housing needs, lifestyle, budget and questions. Then we can develop a strategy to help you buy your new home, and/or sell your current Oceanside home.