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Encinitas Single Family Market Report – Zip 92024

By
Real Estate Agent with HomeSmart Realty West & Florida Realty Investments CA01938972, FL BK3090225

Encinitas, long considered a sleep surfing town along the peaceful North Coastal San Diego County has virtually an activity for every member of you family. From the surfing to paddleboarding, or just catching some rays while enjoying the beach life; it’s all here at Encinitas.

 

The South Coast Highway intersects Encinitas becoming its ‘Main Street’ where you will find a collection of dining opportunities that will convince you there is no need to look further. Plus, there are many boutiques and shops catering to a wide range of tastes. Wednesday afternoon you will find us at the convenient Encinitas Farmers’ Market on Vulcan Avenue next to the train line tracks where the convenient commuter Coaster and Amtrak pass by at regular intervals.

 

Sales numbers for Encinitas were viewed by only considering single family homes for two periods, August 2013 and August 2014 and the numbers were compiled from actual sale data directly from the Sandicor MLS, serving all of San Diego County.

  • ·        The median sales price of SFR properties in Encinitas for 8-2013 was $802,500 vs. $835,000 on 8-2014.

  • ·         The percentage of the List Price captured in 8-2013 was 98.4% vs. 96.3% for 8-2014.

  • ·         The average price per square foot for sold homes was $445.00 in 8-2013 vs. $475.00 for 8-2014.

  • ·         The number of months’ inventory available for sale in 8-2013 was the same for 8-2014 at 3.2.

 

 

 

The market in Encinitas is extremely ‘competitive with multiple offers and bidding wars on homes. Once you visit this not-so-hidden-gem; you will quickly understand why this is the case. We have a serious shortage of single family homes in Encinitas and it is not uncommon for homes to be sold before they ever enter the multiple listing services, having been sold by personal contact.

 

Why not allow us to become your ‘Personal Contact’ here in Encinitas. If you are in the market for your next California home, we are ready to find you your next home!

Posted by

Sandy Padula & Norm Padula, J.D., GRI
CA DRE#00902455 (Sandy)
Realtor®

HomeSmart Realty West

 

FL Bkr# 3090255 (Norm)
Broker-Associate

Florida Realty Investments

 

760.985.2055  Sandy
858.444.7060 & Norm

SDLuxHomes.com

PRESENCE ~ PERSISTENCE ~ PERSEVERANCE

 

 

 

Comments(11)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Sunshine and surfing you just had to run it in didnt you lol

Love so Cal and Encinitas is Close enough to Carlsbad and La Jolla I go there often

Sep 09, 2014 09:59 AM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

David Shamansky :I had to 'rub' it in  to those  who will be shoveling snow very soon.  Thanks!

Sep 09, 2014 11:13 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Norman. Love the area, been there a number of times, can understand why so many folks live there. Nice job with your report, easy to understand.

Sep 09, 2014 07:02 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for the update for the beautiful Encinitas area of CA, Sandy and Norm.

Sep 09, 2014 09:18 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sounds like buyers need to contact you both before selecting their home in Encinitas.    They need to have an experienced agent when the bidding wars begin.  

Sep 09, 2014 11:30 PM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Joe Petrowsky Thanks for reading. We are starting a big SEO push. I hope no one thinks we are Kamikaze blogging without a reason.

Gabe Sanders Thanks for reading. Encinitas is very nice and it has a bit of the old surfing town feel to it still today.
Joan Cox Let's hope buyers and sellers, alike agree. We appreciate your comments!

 

 

Sep 09, 2014 11:45 PM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Sounds like those who are touring homes for sale in Encinitas need to be quick to pull the trigger or lose out to another home buyer. 

This sounds like a great community with tons of amenities!

Sep 10, 2014 12:58 AM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Shannon Milligan, Richmond VA Real Estate Agent Very true; when homes come on the market in Encinitas, if they are priced correctly, they move very fast. Thank you for reading!

Sep 10, 2014 03:31 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your real estate market. You are the local expert.

Sep 10, 2014 09:26 PM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Gita Bantwal Thank you!

Sep 11, 2014 12:05 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to share this market report.

It's most informative and a great resource for buyers and sellers alike!

I hope you have a great weekend.

Sep 11, 2014 09:39 AM