Warren Buffett is one of the wealthiest individuals in the world and he still considers real estate as a solid investment, what are you waiting for? The key metrics below will provide some insight into the Encinitas single family home, condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:
Encinitas Single Family Homes
- March, 2011: Encinitas Homes for Sale: 232 (Active, contingent, and pending)
- March, 2011: Encinitas Months of Inventory: 7.7
- February, 2011: Encinitas Median Home Price $692,000; 18% lower than February, 2010
- February, 2011: Encinitas Homes Sold: 20; 20% lower than February, 2010
Encinitas Condos and Townhomes
- March, 2011: Encinitas Condos for Sale: 96 (Active, contingent, and pending)
- March, 2011: Encinitas Months of Inventory (Condos): 7.9
- February, 2011: Encinitas Median Condo Price: $320,000; 8% lower than February, 2010
- February, 2011: Encinitas Condos Sold:13; 30% higher than February, 2010
This snapshot is a quick summary from The North county Real Estate Report, a free 23 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issue and subscribe to The North County Real Estate Report any time.
Thank you for reading!
Stephen MacLeod
Encinitas Realtor®
Highland Realty
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