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Encinitas Market Report for April 2025
It’s important that Encinitas sellers and buyers have current information about local market conditions, and the effect they have on buying and selling, so they can make educated decisions about Encinitas homes for sale.
Here’s what happened in the April 2025 housing market in Encinitas, based on data in the MLS (private sales are not included nor are manufactured, mobile, or multi-family homes). These statistics are believed reliable when this report was written but are not guaranteed.
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41 homes sold in Encinitas in April, about the same as last month (42). Here’s the breakdown of overall activity.
Single Family Homes Sold
29 (down by 6); 19 Average Days on Market; Average Sales Price was $2,704,241 (up 7%); Average Sales Price was 99% of the original asking price.
Condos, Townhomes & Duplexes Sold
12 (up by 5); 14 Days on Market; Average Sales Price was $1,690,416 (up 12%); Average Sales Price was 99% of original asking price.
Overall sales volume of Encinitas home sales remained about the same in March. Single family home sales declined by 6, while condo, townhome and duplex sales increased by 5 from last month.
Looking back 1 year ago 1 more single family home sold in April 2025 than in 2024 (28). And there were 5 more condos, townhomes and duplexes sold in April 2025 than 1 year ago (7).
The average sales price for condos, townhomes and duplexes was higher than last month, and was also higher for single family homes. April sales prices ranged from $665,000 to $5,970,000.
Compared to April 2024, the average sales price was 3% lower for single family homes sold in 2025 (while the median was 13% higher). In contrast, the average sales price for condos, townhomes and duplexes in April 2025 was 56% higher than 1 year ago, while the 2025 median price was 64% higher than in April of 2024.
The average time on the market was 4 days shorter for single family homes at 19 days, but was 2 days longer (14 days) for condos, townhomes and duplexes than last month. 44% of the homes went pending in 1 week or less, fewer than in March. As a result, it’s still important for buyers to be ready to make prompt decisions about touring listings and submitting strong offers!
The median sales price for detached single family homes was $2,175,000 (up 6% from last month). On the other hand, the median price for condos, townhomes and duplexes was down 5% from $1,430,000 last month to $1,360,000.
The majority of buyers negotiated their purchase prices down from the list price, however, 46% paid asking price or higher, slightly less than in March (48%). This is important to keep in mind when planning your offer strategy.
There were 2 homes with an Active Under Contract status at the end of April, versus 1 last month.
The inventory improved by 20% in April, with 103 listings available at the end of the month versus 86 in March which was good news for buyers. List prices range from $529,000 to $13,250,000. This is a 2.8 month supply for condos, townhomes and duplexes (down from 4.2 months last month), and 2.9 months for single family homes (up from 2.5 months last month). This is based on the current inventory of homes and the rate of sales over the last 3 months.
Encinitas continues to be a strong sellers’ market for buyers of single family homes, as well as for condos, townhomes and duplexes, based on supply and demand.
69 Encinitas homes came on the market in April, up slightly from 68 new listings last month. In contrast, the number of homes going pending in April (excluding homes that closed) decreased from 41 pendings in February to 25.
I am happy to share more details about the Encinitas housing market for Encinitas Ranch, Leucadia, and Olivenhain, and other neighborhoods that are of interest.
I can also provide additional local market information, answer questions about local market conditions, and help you sell your Encinitas home and/or buy a new home. Please reach out to me directly or via text at (760) 840-1360 to discuss your personal housing needs, plans and budget. Then we can develop a strategy to help you reach your real estate goals, whether you are buying, selling, or plan to do both.
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