Oceanside Homes for Sale - What Happened in the Oceanside Real Estate Market Report in April 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.

READ MORE: Oceanside California – A Growing and Changing Coastal San Diego Community

In April 2012 there were 204 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), 19% more than last month. Here’s the breakdown of overall activity.

Sales volume rose again from March sales. Average prices shifted downwards for detached homes, but rose for attached. Buyers are negotiating only about 2 - 4% from asking price across the board.

At the end of April 2012 there were 690 Oceanside homes for sale, a decrease of 3% over last month, the second decline in a row. This represents an inventory of 3.9 months for detached homes (down from 4.2 months in March) and 4.2 months for attached homes (down from 4.4 last month) based on the current rate of sales over the last 6 months – the Oceanside market is getting even more competitive for buyers.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In April 214 Oceanside homes came on the market, a drop by 15% from March new listings. During April the number of Oceanside homes going pending (199) also declined, by 8%, from last month following 2 months of significant pendings.

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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Oceanside Homes for Sale – What Happened in the Oceanside Real Estate Market in March 2012?

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