What's My Oceanside Home Worth? Oceanside Home Sales for April 2018

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Real Estate Agent with Solutions Real Estate CalBRE License #01490977

What's the Value of My Oceanside Home?

Oceanside Real Estate Market Report for April 2018

 

Oceanside beachThe Oceanside real estate market continues to evolve. This market report does not include private sales or manufactured, mobile or multifamily housing; the numbers are taken from the MLS and are believed to be accurate at the time this report was written, but are not guaranteed.

 

Having data from a knowledgeable REALTOR about local market conditions benefits you as a buyer or seller so you can make informed buying or selling decisions about Oceanside homes for sale.

 

READ MORE:

 Oceanside California – A Growing and Changing Coastal San Diego Community

 

In April 2018 there were 202 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), a modest drop from March by 7% following a large increase from February. Here’s the breakdown of overall activity.

 

TOTAL HOMES SOLD

202 (down 7%), 24 Days on Market, Ave. Sales Price $521,501 (down 1%), Ave. sale 99% of asking price

Detached Homes Sold
110 (down 13%), 18 Days on Market, Ave. Sales Price $580,904 (down 2%), Ave. sale 97% of asking price

Attached Homes Sold
92 (up 1%), 30 Days on Market, Ave. Sales Price $451,533 (up 7%), Ave. sale 98% of asking price

 

Sales volume decreased in April for detached but rose slightly for attached home sales. We saw a decrease in days on market across the board. 23% of the April home sales were cash transactions, versus 22% last month. Average sale prices decreased slightly for detached homes but increased modestly for attached homes.

 

Buyers, on average, negotiated 1 - 3% off asking price, however, almost half (49%) of the homes sold for list price or better. The MEDIAN sales price of detached homes was $565,000 (down 1%), and $365,000 (no change) for attached/condos.

 

There were 11 homes with a CONTINGENT status (typically these are properties waiting for approval by short sale or REO lenders), 3% of the total inventory, compared to 17 last month. These homes are considered active and are included in the statistics below. Some homes with this status may still allow showings or back-up offers. Homes in contingent status can sometimes remain on the market for a number of months awaiting lender approval.

 

Oceanside condos

 

At the end of April 2018 there were 336 Oceanside homes for sale, a 10% increase from March. This represents an inventory of 1.6 months for detached homes (down from 1.7 months from last month) and 2 months for attached homes (down from 2.1 months last month) based on the current rate of sales over the last 3 months – the Oceanside market remains a very strong seller’s market.

 

In April 277 Oceanside homes came on the market, down slightly by 2% from last month. The number of Oceanside homes going pending, however, increased, by 4%, to 203 pendings (excluding homes that actually sold in April).

 

I’m happy to provide more details about the Oceanside real estate market and within specific zip codes, neighborhoods, or price ranges to help you make an informed decision about your home purchase or sale.

 

Why not give me a call at (760) 840-1360 so we can discuss your particular housing needs and budget, and develop a strategy to get you into a new Oceanside home in 2018, or to sell your current home for top dollar and as quickly as possible!

 

SEARCH FOR OCEANSIDE HOMES FOR SALE

 

READ MORE:

What’s My Oceanside Home Worth? Oceanside Market Report March 2018

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Rainmaker
2,656,285
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Jeff. Tight inventory requires the serious buyer to have the assistance of a seasoned professional. Enjoy your day.

May 15, 2018 04:45 AM #1
Rainmaker
3,418,591
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Jeff Dowler, CRS ,

You are so right..it is important for buyers and sellers to have accurate real estate data from a knowledgeable Realtor and that would be you!! Making an informed decision is important and in Oceanside, CA..utilizing your market expertise would be a wise decision!

May 15, 2018 05:26 AM #2
Rainmaker
4,007,271
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

May 15, 2018 07:37 AM #3
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Thanks, Wayne.It's a tough market to compete in.

I appreciate the kind words, Dorie!!

Thanks so much, Gita!

Jeff

Jun 12, 2018 04:50 PM #4
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Jeff Dowler, CRS

The Southern California Relocation Dude - Carlsbad
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