Here’s the October 2024 Market Report for Oceanside. And here’s the Market Report for September for comparison.
The Oceanside housing market continues to evolve. This market report does not include private sales, mobile, or multifamily housing. The information was found in 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 138 homes sold in Oceanside, 8 more sales than in September.
OCEANSIDE MARKET REPORT DETAILS
Single Family Homes Sold – 95 (up by 6). 30 Average Days on Market. The Average Sales Price was $1,039,692 (up 3%). Average Sales Price was 97% of the original asking price.
Condos, Townhomes & Duplexes Sold – 43 (up by 2). 35 Average Days on market. The Average Sales Price was $732,344 (up 5%). The Average Sales Price was 97% of the original asking price.
Overall sales volume for October increased from last month. There were more single family detached home sales, and more condos, townhomes and duplexes sold. The average sales price was higher for single family homes, as well as for condos, townhomes, and duplexes. Sales prices ranged from $345,000 to $3,395,000.
The average time on the market was longer for single family homes than last month. Marketing time was shorter for condos, townhomes and duplexes. 25% of the homes went pending in 1 week or less.
The majority of buyers negotiated their purchase prices, while 38% paid list price or more. The median sales price of single family homes was $949,900, roughly the same as last month. On the other hand, the median price for condos, townhomes and duplexes at $655,000 was 9% higher.
At the end of October there were 304 Oceanside homes for sale, down 6 from last month. Home prices range from $331,000 to $9,950,000.
As a result, there is a 1.8 month supply of single family homes, the same as September. And there is a 2.7 month supply for condos, townhomes and duplexes, down from 2.8 months last month. This is based on the rate of sales over the last 3 months.
The Oceanside market continues to be a strong seller’s market especially for single family home buyers.
188 Oceanside homes were listed for sale in October, up 10% from last month. The number of Oceanside homes going pending also increased, from 111 in September to 133 (excluding the homes that closed in October).
NEXT STEPS?
I’m happy to provide additional information about the Oceanside housing market for specific zip codes, neighborhoods, or price ranges. This will help you make an educated decision 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 create a strategy to help you buy your new home, and/or sell your current Oceanside home.