Is Oceanside-Escondido, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Oceanside-Escondido has remained a Seller's Market.
Housing Prices in Oceanside-Escondido, CA
How much do homes in Oceanside-Escondido, CA cost?
Median Sold Price
$875,586
$527/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oceanside-Escondido was $875,586 in March 2024, up 3.1% from last year, and the median price per square foot was $527.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $416K | $445K | +7.0% |
2 Bedrooms | $594.7K | $615.2K | +3.4% |
3 Bedrooms | $815.1K | $856.3K | +5.1% |
4 Bedrooms | $1.0M | $1.0M | +5.3% |
5+ Bedrooms | $1.3M | $1.4M | +12.5% |
Summary: Oceanside-Escondido housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
Escondido | $720.2K | $815K | +13.2% |
Vista | $785.9K | $849.9K | +8.1% |
San Marcos | $868.8K | $899.9K | +3.6% |
Oceanside-Escondido | $849.3K | $875.5K | +3.1% |
Valley Center | $906K | $882.4K | -2.6% |
Housing Supply in Oceanside-Escondido, CA
How many homes are available in Oceanside-Escondido, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,255 | 1,271 | +1.3% |
Summary: The Oceanside-Escondido real estate market had 1,271 homes for sale in March 2024, a 1.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 39 | 40 | +2.6% |
2 Bedrooms | 323 | 332 | +2.8% |
3 Bedrooms | 432 | 454 | +5.1% |
4 Bedrooms | 332 | 318 | -4.2% |
5+ Bedrooms | 129 | 127 | -1.6% |
Summary: The Oceanside-Escondido housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 1.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
386 | 402 | +4.1% |
Asking Price vs. Sold Price
138 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
185 Homes Were Sold
Over Asking
Summary: A total of 402 homes were sold or pending in Oceanside-Escondido in March 2024, up by 4.1% month-over-month. Of the 402 sold homes, 34% were sold under asking, 20% were sold at asking, and 46% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 22 Days | -27.8% |
Summary: Homes in Oceanside-Escondido had an average of 22 days on market in Mar 2024, down by 27.8% compared to last year.
Breakdown of Home Sale Times
316 Homes Were Sold
Under 30 Days
62 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During March 2024, 402 homes were sold in Oceanside-Escondido; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.