What Happened in the Oceanside Real Estate Market Report in January 2012?
The Oceanside real estate market has undergone many shifts and continues to evolve. This market report does not include any private sales nor manufactured, mobile or multifamily 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 in making informed decisions.
READ MORE: Oceanside California – A Growing and Changing Coastal San Diego Community
In January 2012 there were 133 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), 24% fewer than last month. Here’s the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold |
133 (down 24%) |
79 (down 31%) |
55 (down 8%) |
|
Average $ |
$272,837 (down 7%) |
$320,817 (down 10%) |
$202,646 (up 14%) |
|
Days on Market |
84 |
85 |
84 |
|
Sale $/List $ |
97% |
98% |
97% |
Sales volume dropped from December sales, in particular for detached single family homes. Overall average prices shifted downwards for detached homes but rose for attached properties. The average marketing time remained about the same, as did the average level of negotiation by buyers, off 2-3% from asking price across the board.
At the end of January 2012 there were 721 Oceanside homes for sale, a decrease of 1% over last month, the 5th month of inventory decline. This represents an inventory of 4.3 months for detached homes (up from 4.2 months in December) and 4 months for attached homes (the same as last month) based on the current rate of sales over the last 6 months.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In January 156 Oceanside homes came on the market, a 50% increase from December, which is good news for buyers. During January the number of Oceanside homes going pending (148) dropped by 5% from last month.
I would be pleased to provide more details about the Oceanside real estate market and within specific zip codes, areas or price ranges to help you make an informed decision about your home purchase or sale.
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READ MORE:
Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in December 2011?
Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in November 2011?
Oceanside Homes for Sale | Oceanside Real Estate Market Report for October 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for September 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for August 2011
Oceanside Homes for Sale | Oceanside Real Estate Market Report for July 2011
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