Encinitas Real Estate Market Snapshot (March-2011)

By
Real Estate Agent with Highland Home Watch CA00865259 AZBR663602000

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

Comments (2)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I am a statistical and mathematical nut.  Therefore, I enjoy looking at what is going on around me.  Thanks for the insight.

Mar 26, 2011 06:21 PM
Brett Reichel
Homebridge Financial Services - Rancho Cucamonga, CA
MLO 210215

Thanks for the info - love your area.

Brett

Mar 26, 2011 06:39 PM