Is Oceanside-Escondido, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$882,131
$532/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oceanside-Escondido was $882,131 in April 2024, up 5.3% from last year, and the median price per square foot was $532.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $415K | $445K | +7.2% |
2 Bedrooms | $589.3K | $624.7K | +6.0% |
3 Bedrooms | $810.3K | $865K | +6.8% |
4 Bedrooms | $1.0M | $1.1M | +9.7% |
5+ Bedrooms | $1.3M | $1.4M | +9.4% |
Summary: Oceanside-Escondido housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
Escondido | $715.7K | $820K | +14.6% |
Vista | $779K | $859.7K | +10.4% |
San Marcos | $859.9K | $914K | +6.3% |
Oceanside-Escondido | $837.3K | $882.1K | +5.3% |
Valley Center | $888.6K | $886.7K | -0.2% |
Housing Supply in Oceanside-Escondido, CA
How many homes are available in Oceanside-Escondido, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,357 | 1,473 | +8.5% |
Summary: The Oceanside-Escondido real estate market had 1,473 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 39 | 51 | +30.8% |
2 Bedrooms | 345 | 365 | +5.8% |
3 Bedrooms | 486 | 506 | +4.1% |
4 Bedrooms | 353 | 398 | +12.7% |
5+ Bedrooms | 134 | 153 | +14.2% |
Summary: The Oceanside-Escondido housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 14.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
426 | 441 | +3.5% |
Asking Price vs. Sold Price
141 Homes Were Sold
Under Asking
68 Homes Were Sold
At Asking
232 Homes Were Sold
Over Asking
Summary: A total of 441 homes were sold or pending in Oceanside-Escondido in April 2024, up by 3.5% month-over-month. Of the 441 sold homes, 32% were sold under asking, 15% were sold at asking, and 53% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 18 Days | -17.9% |
Summary: Homes in Oceanside-Escondido had an average of 18 days on market in Apr 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
359 Homes Were Sold
Under 30 Days
70 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 441 homes were sold in Oceanside-Escondido; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.