Is Encinitas, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Encinitas is a seller's market


Difference Since November 2022

Since last year, Encinitas has remained a Seller's Market.

Key Takeaway

Encinitas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Encinitas, CA

How much do homes in Encinitas, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Encinitas have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Encinitas was $1,691,000 in November 2023, down 3.4% from last year, and the median price per square foot was $876.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $565K$907.2K
2 $955K$944K
3 $1.5M$1.4M
4 $2.3M$2.0M
5+ $3.0M$3.0M

Summary: Encinitas housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 60.6%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Cities

San Marcos
Solana Beach

Housing Supply in Encinitas, CA

How many homes are available in Encinitas, CA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Encinitas real estate market had 124 homes for sale in November 2023, a 13.9% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 43
2 2118
3 5044
4 4133
5+ 2826

Summary: The Encinitas housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Encinitas, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Encinitas in November 2023, down by 34.1% month-over-month. Of the 27 sold homes, 63% were sold under asking, 11% were sold at asking, and 26% were sold over asking.

Days on Market for Encinitas, CA

How long does it take to sell a home in Encinitas, CA?

Average Sale Time

Nov 2022Nov 2023CHANGE
22 Days29 Days+30.9%

Summary: Homes in Encinitas had an average of 29 days on market in Nov 2023, up by 30.9% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Encinitas are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 27 homes were sold in Encinitas; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Encinitas, CA

Nearby Markets to Encinitas, CA

What housing markets are near Encinitas, CA?