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What’s My Oceanside Home Worth? Oceanside Home Sales for April 2023

By
Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

What’s the Value of My Oceanside Home?

Oceanside Market Report for April 2023

 

Oceanside beach in Oceanside CAThe Oceanside real estate market continues to shift. This market report does not include private sales or manufactured, mobile, or multifamily housing (the data are taken from the MLS and are believed to be accurate when this report was written, but are not guaranteed).

 

Having current information from a knowledgeable REALTOR about local market conditions will help you make educated decisions about buying or selling Oceanside homes for sale.

 

READ MORE:

 Oceanside California – A Growing and Changing Coastal San Diego Community

 

In April 2023 there were 134 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, and 92058), down 12% from March. Here are the details of the housing activity.

 

Single Family Homes Sold
94 (down 10%); 29 Average Days on Market; Average Sales Price was $931,957 (up 6%); the Average Sales Price was 99% of the original asking price.

Condos, Townhomes & Duplexes Sold
40 (down 17%); 29 Average Days on market; Average Sales Price was $630,794 (down 11%); the Average Sales Price was 99% of the original asking price.

 

Overall sales volume for April declined from March. Sales decreased for single family detached homes, and even more so for condos, townhomes and duplexes. The average sales price was higher for single family homes, but was lower for condos, townhomes, and duplexes. Sales prices ranged from $325,000 to $5,250,000.

 

Average marketing time was 5 days shorter for single family homes, and down 2 days for condos, townhomes and duplexes but still around 1 month for both. However, at the same time some buyers made quick decisions, with 43% of the homes going pending in 1 week or less, more than did so last month.

 

While many buyers were able to negotiate their purchase prices, over half, 54%, paid list price or more, more than did so in March. The median sales price of single family homes was down by 2% from last month, at $827,500. On the other hand the median price for condos, townhomes and duplexes was 5% higher, at $599,500.

 

There were 25 homes with an Active Under Contract status, compared to 19 last month. These homes are considered active and are included in the statistics below, but some may not offer more showings or back-up offers.

 

Oceanside condos

 

At the end of April there were 137 Oceanside homes for sale, more than last month (128). Home prices range from $125,000 (a fractional ownership) to $6,495,000.

 

As a result there is a 1.1 month supply of single family homes (down from 1.2 months last month) and a 27-day supply for condos, townhomes and duplexes (down from 1 month last month), based on the rate of sales over the last 3 months. The Oceanside market remains a very strong seller’s market based on supply and demand.

 

146 Oceanside homes were listed for sale in April, 20% more than last month (122). The number of Oceanside homes going pending increased to 101, up from 95 in March (excluding homes that actually closed in April).

 

I’m happy to provide more information about the Oceanside real estate market, and in specific zip codes, neighborhoods, or price ranges, to help you make an informed decision about your home purchase or sale. Please reach out to me at (760) 840-1360 to discuss your personal housing needs, lifestyle, budget and questions. Then we’ll develop a plan to help you buy your new home, and/or sell your current Oceanside home!

 

SEARCH FOR OCEANSIDE HOMES FOR SALE

 

READ MORE:

What’s My Oceanside Home Worth? Oceanside Market Report for March 2023

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Jeff and thank you for your market report to share with us here in the Rain.  Hope your phone is ringing

 

May 11, 2023 09:26 AM
Jeff Dowler, CRS

Thank you Will Hamm 

Have a great weekend!

Jeff

May 12, 2023 10:49 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

It looks like inventory is still low and buyers need to act quickly if they see something they like.

May 11, 2023 11:27 AM
Jeff Dowler, CRS

Buyers who dilly dally may lose out Nick Vandekar, 610-203-4543 . And with the competition even moving quickly won't help if you don't make a strong offer.

Jeff

May 11, 2023 04:46 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Anyone looking to make a move to Oceanside should definitely contact Jeff Dowler, CRS  the relocation dude he really knows the marketplace in this part of Ca. 

May 11, 2023 02:51 PM
Jeff Dowler, CRS

Thanks for the kind words Hannah Williams  Despite the inventory there are some good opportunities in Oceanside.

Jeff

May 11, 2023 04:52 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jeff loved your Market Report I was not sure about your photo about Gidget, please clarify, Endre

May 11, 2023 10:37 PM
Jeff Dowler, CRS

Endre Barath, Jr. 

This is one of the exhibits at the popular California Surf Museum that is in Oceanside. Fun place to visit and lots of history.

Jeff

May 12, 2023 10:51 AM
Endre Barath, Jr.

Aha thank you for the clarification Jeff Dowler, CRS 

May 12, 2023 10:58 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You do such a great job of keeping up with what is going on in Oceanside!  It's definitely a place that I enjoy visiting as well.

May 12, 2023 05:01 AM
Jeff Dowler, CRS

Brian England 

There's a lot to like about Oceanside - there's been lots of growth and development in the downtown area in recent years.

Thanks for the kind words!

Jeff

May 12, 2023 10:52 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Oceanside home buyers and sellers are sure to value your real estate market report, Jeff.

May 13, 2023 06:16 AM