$10,000 Closing Credit*
$2,300,000
2,133 SqFt
3 Beds
•3 Full Baths
Barbara Klasic, Listing Office: First Team Real Estate
Is Old Encinitas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Old Encinitas has remained a Seller's Market.
Key Takeaway
Old Encinitas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Old Encinitas, CA
How much do homes in Old Encinitas, CA cost?
Median Sold Price
$1,855,000
$1,101/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$105,000(+6.0%)
Key Takeaway
Homes in Old Encinitas have sold for 6% more than they did a year ago.
Summary: The median home sold price in Old Encinitas was $1,855,000 in October 2024, up 6% from last year, and the median price per square foot was $1,101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $907.2K | $555K | -38.8% |
| 2 Bedrooms | $1.1M | $1.0M | -6.1% |
| 3 Bedrooms | $1.8M | $2.0M | +11.4% |
| 4 Bedrooms | $2.3M | $3.3M | +42.6% |
| 5+ Bedrooms | $3.0M | $3.7M | +21.8% |
Summary: Old Encinitas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.8%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 42.6%, and 5+ bedroom homes increased by 21.8%.
Housing Supply in Old Encinitas, CA
How many homes are available in Old Encinitas, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Summary: The Old Encinitas real estate market had 16 homes for sale in October 2024, a 33.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 6 | 2 | -66.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Old Encinitas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old Encinitas, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Old Encinitas in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Old Encinitas, CA
How long does it take to sell a home in Old Encinitas, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 77 Days | +182.0% |
Summary: Homes in Old Encinitas had an average of 77 days on market in Oct 2024, up by 182% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Old Encinitas has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Old Encinitas; 25% of homes were sold within 30 days, 50% 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.