Welcome back,
In January the QUALIFIED RULE (QM) took effect. Essentially, individuals with lower FICO score will now be paying a higher interest rate making it even more difficult for San Diego home buyers. The key metrics below will provide some insight into the Oceanside Homes for Saleand Oceanside condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:
Oceanside Single Family Homes
- March, 2014: Oceanside Homes for Sale: 410 (Active, contingent, and pending)
- March, 2014: Oceanside Months of Inventory: 3.4
- February, 2014: Oceanside Median Home Price $439,000; 13% higher than February, 2013
- February, 2014: Oceanside Homes Sold: 76; 28% lower than February, 2013
Oceanside Condos and Townhomes
- March, 2014: Oceanside Condos for Sale: 227 (Active, contingent, and pending)
- March, 2014: Oceanside Months of Inventory (Condos): 3.7
- February, 2014: Oceanside Median Condo Price: $247,000; 29% higher than February, 2013
- February, 2014: Oceanside Condos Sold: 54; 29% higher than February, 2013
Be sure to check out the free San Diego Duplexes and Fourplexes Market Report. This 23 page report give the latest statistics on the multi-1 to 4 units throughout San Diego County
Thank you for your patronage!
Stephen MacLeod
Oceanside Realtor®
Highland Realty
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