Encinitas, CA Real Estate Market Report - Market Report for Encinitas
The median list price in Encinitas, CA this week is $1,395,000. The 139 properties have been on the market for an average of 87 days. This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks. The Market Action Index in this Encinitas, CA real estate market report has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.Market conditions have been consistently cooling in the past several weeks. Because we're still in the Seller's zone, prices have not yet begun to drop.
It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer's zone. If you've enjoyed this market report for Encinitas and would like this kind of data on a regular basis, you can contact us here at Real Estate Insight in Carlsbad California. 760.420.5498
Troy Huerta
BRE 01028204
760.420.5498
Data Courtesy of Altos Research
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