What’s the Value of My Oceanside Home?
Oceanside Home Sales for June 2024
The Oceanside housing market continues to evolve. This market report does not include private sales, mobile, or multifamily housing (information was derived from the MLS and is believed accurate when this report was written but not guaranteed).
Having up-to-date information about local market conditions from a knowledgeable REALTOR will help you make educated buying and selling decisions about Oceanside homes for sale.
READ MORE:
Oceanside California – A Growing and Changing Coastal San Diego Community
There were 134 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, and 92058), 15% fewer sales than in May. Here are the details:
Single Family Homes Sold
91 (down 23%); 19 Average Days on Market; Average Sales Price was $959,249 (down 4%); the Average Sales Price was 101% of the original asking price.
Condos, Townhomes & Duplexes Sold
43 (up by 3); 34 Average Days on market; Average Sales Price was $764,299 (down 10%); the Average Sales Price was 99% of the original asking price.
Overall sales volume for June decreased from May. There were substantially fewer single family detached home sales, but 3 more condos, townhomes and duplexes were sold. The average sales price was lower for single family homes, and was also lower for condos, townhomes, and duplexes. Sales prices ranged from $375,000 to $2,100,000.
The average time on the market was several days longer for single family homes, as it was also for condos, townhomes and duplexes. 37% of the homes went pending in 7 days or less.
While some buyers negotiated their purchase prices, 64% paid list price or more, the same as last month. The median sales price of single family homes was 2% less than last month, at $925,000. The median price for condos, townhomes and duplexes was 16% lower, at $610,000.
There were 15 homes with an Active Under Contract status, compared to 12 last month. These homes are considered active and are included in the following statistics, but some may not permit more showings.
At the end of June there were 283 Oceanside homes for sale, compared to 215 last month, and good news for buyers. Home prices range from $295,000 to $6,500,000.
As a result, there is a 1.6 month supply of single family homes (up from 1.2 months last month) and a 2.3 month supply for condos, townhomes and duplexes (up from 1.9 months last month). This is based on the rate of sales over the last 3 months. The Oceanside market continues to be a very strong seller’s market based on the housing supply and demand.
198 Oceanside homes were listed for sale in June, as compared to 164 last month. The number of Oceanside homes going pending dropped from May (114) to 101 (excluding homes that closed in June).
I’m happy to provide more information about the Oceanside real estate market for specific zip codes, neighborhoods, or price ranges. This will help you make an educated decision about your home purchase or sale.
Please reach out to me directly or by text at (760) 840-1360 to discuss your personal housing needs, lifestyle, budget and questions. Then we can develop a strategy 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 May 2024
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