Here is a summary of the market statistics from the MLS for Oceanside for the month of November.

The data show a drop of 10% in the inventory since the previous month, likely due, in part, to the time of year. Again we see that the median price for attached homnes is down 2% from 1 year ago, whereas the median was 1% higher for detached homes than a year ago. There was about a 7-month inventory for attached homes as of Nov. 30, and approximately an 8-month supply for detached.

AS OF NOV. 30, 2006

ATTACHED HOMES

DETACHED HOMES

Active

456

789

Sold in Last 6 Months

371

604

Sold/Pending In Last 6 months

477

770

Absorption Rate (Solds)

221 days

235 days

Absorption Rate (Solds Plus Pendings)

172 days

184 days

Average Days on Market

66

62

Median Price Change From 1 Year Ago

-2%

1%

Median Price

$335,822

$537,000

Chg. in MDN from prior month

0%

1%

Average Price

$376,023

$567,114

New to Market (Nov.)

74

175

Pending in Nov.

44 (4 new in Nov.)

113 (14 new in Nov.)

If you have any questions or need further information, please let me know.

 

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Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360

Carlsbad, CA

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