What’s the Value of My Oceanside Home?
Oceanside Market Report for January 2025
The Oceanside housing market continues to change. 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 current information about local market conditions from a knowledgeable REALTOR can 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 96 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, and 92058), 23% fewer sales than in December. Here are the details:
Single Family Homes Sold
64 (down 22%); 43 Average Days on Market; Average Sales Price was $984,714 (down 7%); the Average Sales Price was 98% of the original asking price.
Condos, Townhomes & Duplexes Sold
32 (down by 24%); 57 Average Days on market; Average Sales Price was $683,956 (down 3%); the Average Sales Price was 97% of the original asking price.
Overall sales volume for January decreased from December. There were fewer single family detached home sales, and condo, townhome and duplex sales dropped as well. The average sales price was lower for single family homes, as well as for condos, townhomes, and duplexes. Sales prices ranged from $325,000 to $2,475,000.
The average time on the market was longer for single family homes than last month, as it also was for condos, townhomes and duplexes. 28% of the homes went pending in 1 week or less.
A little over half of the home buyers negotiated their purchase prices, while 45% paid asking price or higher. The median sales price of single family homes was 2% lower than last month, at $938,500. On the other hand, the median price for condos, townhomes and duplexes was 1% higher, at $618,200.
There were 11 homes with an Active Under Contract status, compared to 10 last month. These homes are considered to be 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 January there were 243 Oceanside homes for sale, compared to 211 last month, an increase of 15%. Home prices range from $265,000 to $8,495,000.
As a result, there is a 1.8 month supply of single family homes (up from 1.3 months last month) and a 2.4 month supply for condos, townhomes and duplexes (up from 2.1 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 for condos, townhomes and duplexes, and is a very strong seller’s market for single family homes.
178 Oceanside homes were listed for sale in January, up from 81 last month. The number of Oceanside homes going pending also increased, from 62 in December to 92 (excluding the homes that closed in January).
I’m happy to provide more information about the Oceanside real estate market for specific zip codes, neighborhoods, or price ranges. This will enable you to make educated decisions 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 create 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 December 2024
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