$10,000 Closing Credit*
$995,000
2,364 SqFt
3 Beds
•2 Full Baths, 1 Partial
Markee Lashley, Listing Office: Redfin Corporation
Is Oceanside-Escondido, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oceanside-Escondido has remained a Seller's Market.
Key Takeaway
Oceanside-Escondido is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oceanside-Escondido, CA
How much do homes in Oceanside-Escondido, CA cost?
Median Sold Price
$904,924
$550/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,867(+6.0%)
Key Takeaway
Homes in Oceanside-Escondido have sold for 6% more than they did a year ago.
Summary: The median home sold price in Oceanside-Escondido was $904,924 in November 2024, up 6% from last year, and the median price per square foot was $550.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $447.5K | $477.5K | +6.7% |
| 2 Bedrooms | $607.7K | $646.3K | +6.4% |
| 3 Bedrooms | $831.1K | $889.8K | +7.1% |
| 4 Bedrooms | $1.0M | $1.1M | +10.1% |
| 5+ Bedrooms | $1.3M | $1.5M | +8.6% |
Summary: Oceanside-Escondido housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Escondido | $790.6K | $849.7K | +7.5% |
| Oceanside-Escondido | $854K | $904.9K | +6.0% |
| Vista | $829.4K | $877.5K | +5.8% |
| San Marcos | $894K | $943K | +5.5% |
| Valley Center | $876K | $924.2K | +5.5% |
Housing Supply in Oceanside-Escondido, CA
How many homes are available in Oceanside-Escondido, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,673 | 1,525 | -8.8% |
Summary: The Oceanside-Escondido real estate market had 1,525 homes for sale in November 2024, a 8.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 57 | 55 | -3.5% |
| 2 Bedrooms | 425 | 401 | -5.6% |
| 3 Bedrooms | 601 | 517 | -14.0% |
| 4 Bedrooms | 421 | 385 | -8.6% |
| 5+ Bedrooms | 169 | 167 | -1.2% |
Summary: The Oceanside-Escondido housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 1.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 431 | 360 | -16.5% |
Asking Price vs. Sold Price
181 Homes Were Sold
Under Asking
75 Homes Were Sold
At Asking
104 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oceanside-Escondido, you may be able to get a good deal. 50.3% of homes here sold below asking price last month.
Summary: A total of 360 homes were sold or pending in Oceanside-Escondido in November 2024, down by 16.5% month-over-month. Of the 360 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for Oceanside-Escondido, CA
How long does it take to sell a home in Oceanside-Escondido, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 33 Days | +57.3% |
Summary: Homes in Oceanside-Escondido had an average of 33 days on market in Nov 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
220 Homes Were Sold
Under 30 Days
109 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oceanside-Escondido are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 360 homes were sold in Oceanside-Escondido; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.