What is My Oceanside Home Worth? Oceanside Home Sales for June 2018

By
Real Estate Agent with Solutions Real Estate CalBRE License #01490977

What's the Value of My Oceanside Home?

Oceanside Real Estate Market Report for June 2018

 

Oceanside beachesThe 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 June 2018 there were 200 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, 92058), a decrease from May by 3%. Here’s the breakdown of overall activity.

 

TOTAL HOMES SOLD

206 (down 3%), 31 Days on Market, Ave. Sales Price $537,958 (down 1%), Ave. sale 98% of asking price

Detached Homes Sold
124 (down 6%), 30 Days on Market, Ave. Sales Price $587,219 (down 5%), Ave. sale 98% of asking price

Attached (condos, town homes) Homes Sold
76 (up 3%), 31 Days on Market, Ave. Sales Price $456,586 (up 9%), Ave. sale 97% of asking price

 

Sales volume decreased slightly in June overall, with a decline in detached home sales but a modest increase in attached home sales. We saw an increase in days on market for both attached and detached homes. 20% of the June home sales were cash transactions, the same as in May. Average sale prices dropped for detached homes but increased for attached homes.

 

Buyers, on average, negotiated 2 - 3% off asking price, however, 42% of the homes sold for list price or better. The MEDIAN sales price of detached homes was $572,500 (down 4%), and $370,000 (down 1%) for attached/condos.

 

There were 16 homes with a CONTINGENT status (typically these are properties waiting for approval by short sale or REO lenders), 4% of the total inventory, compared to 11 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 June 2018 there were 427 Oceanside homes for sale, a 19% increase from May, yet another improvement. This represents an inventory of 1.9 months for detached homes (up from 1.6 months last month) and 2.4 months for attached homes (up from 1.8 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 June 284 Oceanside homes came on the market, just about the same as last month (285). The number of Oceanside homes going pending, however, increased, by 4%, to 201 pendings (excluding homes that actually sold in June).

 

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, review any questions, and develop a strategy to get you into a new Oceanside home in 2018, or to create a plan to sell your current home!

 

SEARCH FOR OCEANSIDE HOMES FOR SALE

 

READ MORE:

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California San Diego County Oceanside
Groups:
CALIFORNIA REAL ESTATE
Market Updates
Market Reports
HyperLocal Neighborhood and Community Posts
Tags:
oceanside homes for sale
homes for sale in oceanside
oceanside real estate market reports

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,703,498
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Jeff Dowler, CRS   your market reports  on Oceanside homes  are amazing . I enjoyed reading

Jul 10, 2018 05:54 PM #1
Ambassador
3,615,267
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Thanks Hannah Williams 

You are so kind to say so. And fast - I just posted it!!

Have a great week!

Jeff

Jul 10, 2018 05:57 PM #2
Ambassador
2,750,823
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

If anyone still wonders what's the value of their Oceanside home is they should contact you immediately Jeff...

Jul 10, 2018 11:06 PM #3
Rainmaker
748,401
Joyce Marsh, Daytona Beach Florida
Award Winning Luxury Expert, Premier Sotheby's International Realty - Daytona Beach, FL
Presenting The Finest in Florida Luxury Living...

Your local reports and updates are very helpful for those looking to buy or sell real estate and are always filled with lots of valuable info. Thanks for the update Jeff. Hope your business in going well in California!

Jul 18, 2018 07:03 AM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
3,615,267

Jeff Dowler, CRS

The Southern California Relocation Dude - Carlsbad
What's my Carlsbad CA Area Home Worth??
*
*
*
*
Spam prevention

Additional Information