$2,790,000
Kambiz Marashi, Listing Office: Mara Real Estate
Is South Oceanside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South Oceanside was a Buyer's Market.
Key Takeaway
South Oceanside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Oceanside, CA
How much do homes in South Oceanside, CA cost?
Median Sold Price
$1,450,000
$745/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$45,000(+3.2%)
Key Takeaway
Homes in South Oceanside have sold for 3.2% more than they did a month ago.
Summary: The median home sold price in South Oceanside was $1,450,000 in October 2024, up 3.2% from last month, and the median price per square foot was $745.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.3M | - | N/A |
| 3 Bedrooms | - | $1.4M | N/A |
| 4 Bedrooms | - | $1.3M | N/A |
| 5+ Bedrooms | $1.4M | $1.4M | +1.0% |
Summary: South Oceanside housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1%.
Housing Supply in South Oceanside, CA
How many homes are available in South Oceanside, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The South Oceanside real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South Oceanside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Oceanside, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Oceanside in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Oceanside, CA
How long does it take to sell a home in South Oceanside, CA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 39 Days | +96.0% |
Summary: Homes in South Oceanside had an average of 39 days on market in Oct 2024, up by 96% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Oceanside has remained consistent over time.
Summary: During October 2024, 5 homes were sold in South Oceanside; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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.