What’s the Value of My Oceanside Home?
Oceanside Home Sales for October 2024
The Oceanside housing market continues to evolve. This market report does not include private sales, mobile, or multifamily housing (information was found in 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 informed buying and selling decisions about Oceanside homes for sale.
READ MORE:
Oceanside California – A Growing and Changing Coastal San Diego Community
There were 138 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, and 92058), 8 more sales than in September. Here are the details:
Single Family Homes Sold
95 (up by 6); 30 Average Days on Market; Average Sales Price was $1,039,692 (up 3%); the Average Sales Price was 97% of the original asking price.
Condos, Townhomes & Duplexes Sold
43 (up by 2); 35 Average Days on market; Average Sales Price was $732,344 (up 5%); the Average Sales Price was 97% of the original asking price.
Overall sales volume for October increased from September. There were more single family detached home sales, and slightly more condos, townhomes and duplexes were sold. The average sales price was higher for single family homes, and was also higher for condos, townhomes, and duplexes. Sales prices ranged from $345,000 to $3,395,000.
The average time on the market was longer for single family homes than last month, but was shorter for condos, townhomes and duplexes. 25% of the homes went pending in 7 days or less, no change from last month.
The majority of buyers were able to negotiate their purchase prices, however, 38% paid list price or more. The median sales price of single family homes was roughly the same as last month, at $949,900. On the other hand, the median price for condos, townhomes and duplexes was 9% higher, at $655,000.
There were 20 homes with an Active Under Contract status, compared to 21 last month. These homes are considered active listings and are included in the following statistics, but some may not permit more showings or accept back-up offers.
At the end of October there were 304 Oceanside homes for sale, compared to 310 last month. Home prices range from $331,000 to $9,950,000.
As a result, there is a 1.8 month supply of single family homes (the same as last month) and a 2.7 month supply for condos, townhomes and duplexes (down from 2.8 months last month). This is based on the rate of sales over the last 3 months.
The Oceanside market remains a strong seller’s market based on the supply and demand, especially for single family homes.
188 Oceanside homes were listed for sale in October, up from 171 last month. The number of Oceanside homes going pending also increased, from 111 in September to 133 (excluding the homes that closed in October).
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 informed decision about your home purchase or sale. Please reach out to me directly or by text at (760) 840-1360 to discuss your particular housing needs, lifestyle, budget and questions. Then we can create a strategy to help you buy your new home, and/or sell your current Oceanside home.
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READ MORE:
What’s My Oceanside Home Worth? Oceanside Market Report for September 2024
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