Oceanside Homes for Sale - What Happened in the Oceanside Real Estate Market Report in November 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 about Oceanside homes for sale.
READ MORE: Oceanside California – A Growing and Changing Coastal San Diego Community
In November 2012 there were 165 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), 10% fewer than last month. Here’s the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold |
175 (down 5%) |
120 (up 1%) |
55 (down 20%) |
|
Average $ |
$336,214 (up 4%) |
$376,094 (up 1%) |
$256,754 (up 7%) |
|
Days on Market |
58 |
51 |
72 |
|
Sale $/List $ |
98% |
98% |
98% |
Overall sales volume dropped from October sales, in particular for attached homes. Average prices shifted up across the board. Buyers are negotiating only 2% off asking price or less on average.
At the end of November 2012 there were 435 Oceanside homes for sale, a decrease by 9%, the 9th consecutive decline; some of this decline may be related to the time of year. This represents an inventory of 2 months for detached homes (down from 2.1 months in October) and 2.5 months for attached homes (down from 2.6 months in October) based on the current rate of sales over the last 6 months – the Oceanside market remains very competitive, and became even more so, and is a fairly strong seller’s market.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In November 169 Oceanside homes came on the market, 15% fewer than in October. During November the number of Oceanside homes going pending declined by 13%, with 145 pendings (excluding homes that actually sold in November).
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 October 2012?
Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in September 2012?
Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in August 2012?
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