Oceanside Real Estate Market Report for Q1 2017
The Oceanside real estate market continues to evolve, and the first quarter of 2017 has been busy with some shifts from last year. In this market report we focus on the activity for single family detached homes as reported in the MLS. Oceanside is located at the northern edge of San Diego County and is the least expensive coastal community in North County, in general.
READ MORE:
Oceanside California – A Growing and Changing Coastal San Diego Community
SINGLE FAMILY DETACHED HOME SALES Q1 2017
313 homes sold in the first quarter of 2017
Sales prices ranged from $200,000 to $3,300,000
Average marketing time was 28 days
The average sales price was $549,925 (median price was $520,000)
Sale in the first quarter was not quite as brisk as in the first quarter of 2016, with 5% fewer homes sold, however average prices were up by 10% from that same period in 2016. Homes sold more quickly on average in 2017 (28 days) than during the same period of 2016 at 36 days. The most expensive home sold in Q1 was a custom French Normandy home lagoon-front home with white water views in the gated (with guard) beachfront community of St. Malo just north of Carlsbad.
CURRENT LISTINGS
149 single family detached homes are currently listed for sale
Prices range from $305,000 to $4,400,000
Average list price is $808,186 (median is $627,000)
Average marketing time is 34 days
PENDING SALES
199 homes are pending
Average marketing time was 22 days
Homes are priced from $299,000 to $1,185,000
Average list price is $576,746 (median is $564,900)
While the average marketing time is 22 days, 87 homes went pending in 1 week or less. One home has been on the market for 525 days but went pending soon after the price was adjusted by more than 10%.
I’m happy to provide more details about the Oceanside real estate market activity and conditions, and within specific zip codes, neighborhoods, or price ranges to help you make an informed decision about your home purchase or sale.
Please call me at (760) 840-1360 or you may also email me at JeffDowlerSolutions@gmail.com so we can arrange a time to talk about your housing needs and budget, and discuss how I will help you with your sale and/or purchase in Oceanside.
If you are searching for a new home or exploring home values, search the entire Oceanside inventory by clicking on the photo to the right, or I can set up a custom search better suited to your needs and budget that updates 24/7 so you will see new listings as soon as they hit the market.
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