Oceanside Real Estate Market Report for July 2010

The Oceanside real estate market has undergone many shifts and continues to evolve, especially with the number of distress sales. This report does not include any private sales nor manufactured or mobile housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed. 

Media reports speak in general terms, so information may not represent the reality of the local Oceanside real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller for making informed decisions about a purchase or sale. 

READ MORE: Oceanside California - A Growing and Changing Coastal San Diego Community 

In July 2010 there were 175 homes sold in Oceanside's 4 zip codes (92054, 92056, 92057, 92058), 10% less than last month. Here's the breakdown of overall activity. 

Sale volume declined overall but average sales prices changed only slightly overall, except for attached homes which dropped a fair amount. 

In Oceanside there were 245 homes with a contingent status at the end of July, down 14% from June. This represents 26% of all the homes for sale. Buyers entering the Oceanside real estate market are seeing 1/4 of the inventory already with offers in for approval for short sales and REOs. (Note: these are not the only short sale and REO homes for sale, just those with offers). These contingent homes are included in the overall Active stats below. 

At the end of July 2010 there were 953 Oceanside homes for sale, just 1% less than last month. This represents an inventory of 4.6 months for detached homes (down from 5 months in June) and 5.8 months for attached homes (down from 6.1 months) based on the current rate of sales over the last 6 months.  

READ MORE:   How Important is Inventory when Buying or Selling? Very!! 

In July 305 Oceanside homes came on the market, about the same (2 fewer) as June. But during July the number of homes going pending (211) was 39% MORE than last month. 

More details can be provided with regard to current activity in the Oceanside real estate market and within the specific zip codes if you need it. 

READ MORE:

Oceanside Homes for Sale - Oceanside Real Estate Market Report for June 2010  

Oceanside Real Estate - Oceanside Real Estate Market Report for May 2010  

Oceanside Real Estate - Oceanside Real Estate Market Report for April 2010  

Oceanside Real Estate - Oceanside Real Estate Market Report for March 2010  

Oceanside Real Estate - Oceanside Real Estate Market Report for February 2010  

Oceanside Real Estate - Oceanside Real Estate Market Report for January 2010