Oceanside Homes for Sale - What Happened in the Oceanside Real Estate Market in April 2013?
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 at the time this report was written, but are not guaranteed.
Media reports speak in general terms, so information does not represent the reality of the local Oceanside real estate market. Having data from a knowledgeable REALTOR about local market conditions benefits you as a 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 April 2013 there were 207 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), up by 9% from last month. Here’s the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold |
207 (up 9%) |
132 (up 7%) |
75 (up 12%) |
|
Average $ |
$360,852 (up 7%) |
$382,033 (up 3%) |
$323,574 (up 18%) |
|
Days on Market |
59 |
51 |
73 |
|
Sale $/List $ |
99% |
99% |
99% |
Overall sales volume rose from March sales. 37% of the March home sales were cash transactions, about the same as last month. Average sale prices rose across the board, in particular for attached homes. Buyers were able to negotiate, on average, 1% off the asking price, but a number of homes sold for more than the list price. The MEDIAN sale price of detached homes at $383,750, and $249,900 for attached/condos.
At the end of April 2013 there were 323 Oceanside homes for sale, a decrease by 10%, another consecutive decline. This represents an inventory of 1.7 months for detached homes (down from 1.9 months in March) and 2 months for attached homes (down from 2.1 months last month) based on the current rate of sales over the last 6 months – the Oceanside market got even more competitive, and remains a strong seller’s market.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In April 199 Oceanside homes came on the market, a decrease from March new listings by 4%. During April the number of Oceanside homes going pending also decreased, by 11%, with 173 pendings (excluding homes that actually sold in April).
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 March 2013?
Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in February 2013?
Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in January 2013?
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