$5,451 Closing Credit*
$459,000
1,050 SqFt
2 Beds
•2 Full Baths
Andrew English, Listing Office: Congress Realty, Inc
Is Oceana, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oceana was a Buyer's Market.
Key Takeaway
Oceana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oceana, CA
How much do homes in Oceana, CA cost?
Median Sold Price
$491,750
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,750(+8.1%)
Key Takeaway
Homes in Oceana have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Oceana was $491,750 in November 2024, up 8.1% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $347.5K | $368K | +5.9% |
| 2 Bedrooms | $455K | $495K | +8.8% |
| 3 Bedrooms | $552.5K | $604.9K | +9.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Oceana housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Oceana | $455K | $491.7K | +8.1% |
| Ivey Ranch / Rancho Del Oro | $839.5K | $872.5K | +3.9% |
| San Luis Rey | $642.5K | $615K | -4.3% |
Housing Supply in Oceana, CA
How many homes are available in Oceana, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The Oceana real estate market had 41 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 38 | 39 | +2.6% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oceana housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oceana, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Oceana in November 2024, up by 140.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for Oceana, CA
How long does it take to sell a home in Oceana, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 50 Days | +105.0% |
Summary: Homes in Oceana had an average of 50 days on market in Nov 2024, up by 105% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oceana are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Oceana; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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.