Is Oceanside-Escondido, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$899,901
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Oceanside-Escondido was $899,901 in June 2024, up 8.5% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $416K | $442.5K | +6.4% |
2 Bedrooms | $585.5K | $641K | +9.5% |
3 Bedrooms | $799.9K | $880.1K | +10.0% |
4 Bedrooms | $999.7K | $1.1M | +13.5% |
5+ Bedrooms | $1.2M | $1.4M | +13.6% |
Summary: Oceanside-Escondido housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
Escondido | $725K | $837.5K | +15.5% |
Vista | $784.9K | $869.1K | +10.7% |
Oceanside-Escondido | $829.5K | $899.9K | +8.5% |
Valley Center | $850K | $910K | +7.1% |
San Marcos | $869.1K | $928.8K | +6.9% |
Housing Supply in Oceanside-Escondido, CA
How many homes are available in Oceanside-Escondido, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,587 | 1,657 | +4.4% |
Summary: The Oceanside-Escondido real estate market had 1,657 homes for sale in June 2024, a 4.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 58 | 61 | +5.2% |
2 Bedrooms | 369 | 399 | +8.1% |
3 Bedrooms | 567 | 563 | -0.7% |
4 Bedrooms | 422 | 438 | +3.8% |
5+ Bedrooms | 171 | 196 | +14.6% |
Summary: The Oceanside-Escondido housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 14.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
504 | 404 | -19.8% |
Asking Price vs. Sold Price
164 Homes Were Sold
Under Asking
66 Homes Were Sold
At Asking
174 Homes Were Sold
Over Asking
Summary: A total of 404 homes were sold or pending in Oceanside-Escondido in June 2024, down by 19.8% month-over-month. Of the 404 sold homes, 41% were sold under asking, 16% were sold at asking, and 43% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
14 Days | 21 Days | +53.0% |
Summary: Homes in Oceanside-Escondido had an average of 21 days on market in Jun 2024, up by 53% compared to last year.
Breakdown of Home Sale Times
313 Homes Were Sold
Under 30 Days
78 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During June 2024, 404 homes were sold in Oceanside-Escondido; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.