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Oceanside, CA Real Estate News

By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here is a summary of the market statistics from the MLS for Oceanside for the month of November.The data show a drop of 10% in the inventory since the previous month, likely due, in part, to the time of year. Again we see that the median price for attached homnes is down 2% from 1 year ago, whereas the median was 1% higher for detached homes than a year ago. There was about a 7-month inventory for attached homes as of Nov. 30, and approximately an 8-month supply for detached.AS OF NOV. 30, 2006ATTACHED HOMESDETACHED HOMESActive456789Sold in Last 6 Months371604Sold/Pending In Last 6 months477770Absorption Rate (Solds)221 days235 daysAbsorption Rate (Solds Plus Pendings)172 days184 daysAverage Days on Market6662Median Price Change From 1 Year Ago-2%1%Median Price$335,822$537,000Chg. in MD...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the summary statistics from the MLS for Oceanside for the month of October. The statistics show a drop in inventory since September, and a small drop in Median price for attached homes from 1 year ago, but no change in MEdian from the prior month for either attached or detached homes.AS OF OCT. 31, 2006ATTACHED HOMESDETACHED HOMESActive520870Sold in Last 6 Months435656Sold/Pending In Last 6 months553807Absorption Rate (Solds)216 days239 daysAbsorption Rate (Solds Plus Pendings)169 days194 daysAverage Days on Market6562Median Price Change From 1 Year Ago-2%2%Median Price$336,668$541,667Chg. in MDN from prior month0%0%Average Price$374,466$570,776New to Market (Oct.)85201Pending in Oct. 65 (16 new in Oct.)104 (37 new in Oct.)Please let me know if there are any questions or I can ...
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By Christopher Sylvada
(Simple Listing Solutions LLC)
The San Diego Chargers appear headed to the Super Bowl and the San Diego housing market appears to have found it's bottom. Forecasting what will happen next is anybody's guess however homes that are a) not condo's and b) not cookie cutter, seem to be selling faster and close to or even above asking price. Today is Monday, December 11th and the interest rate decreases we've been seeing over the past two weeks may be driving some of the recent activity.As an active, full time real estate consultant with listings and buyers, I can speak from my own experience in saying that business has picked up however, I wouldn't start crowing about it like this unless I was hearing the same thing from the other professionals I interface with at the office, at open houses, on caravans and on the phone. ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the market statistics complied from the MLS for the month of September for the Oceanside, CA  real estate market (I report these every month for the communities I service along the coast in San Diego County). The Oceanside real estate inventory has dropped for both attached and detached homes from August. However the total number of sales in the last 6 months also declined a bit as compared to the stats at the end of August. Prices are about the same, with a small decrease in the median price for detached homes from August. The absorption rate crept up by about a week for both types of homes as compared to the end of August. The median price was the same for attached homes but dropped about .4% ($2K) for detached homes. Keep in mind this is only 1 month of data, and one cannot ...
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