Oceanside, CA

The Oceanside real estate market has undergone many shifts and continues to evolve, especially with the number of distress sales. This report does not include any private sales nor manufactured or mobile housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

Media reports speak in general terms, so information may not represent the reality of the local Oceanside real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller for making informed decisions about a purchase or sale.

READ MORE: Oceanside California - A Growing and Changing Coastal San Diego Community

In January 2010 there were 136 homes sold in Oceanside's 4 zip codes (92054, 92056, 92057, 92058), a decrease of 32%. This is not really surprising given that these homes, for the most part, went into escrow during the holiday period when we generally see fewer sales. Here's the breakdown of overall activity.

In Oceanside there were 289 homes with a contingent status at the end of January, down 4 from December. This represents 42% of all the homes for sale. Buyers entering the Oceanside real estate market are seeing almost 1/2 of the inventory already with offers in for approval for short sales and REOs. (Note: these are not the only short sale and REO homes for sale, just those with offers). These contingent homes are included in the overall Active stats below.

At the end of January 2010 the Oceanside real estate market had 693 homes for sale, up 4% from December. This represents an inventory of 3.1 months for detached homes (up from 2.6 months in December) and 4.5 months for attached homes (up from 4 months in December) based on the current rate of sales over the last 6 months.

In January 198 Oceanside homes came on the market, just 3 more than last month. During January 151 homes went pending, t8% fewer than last month.

More details can be provided with regard to current activity in the Oceanside real estate market and within the specific zip codes.

READ MORE:

Oceanside Real Estate - Oceanside Real Estate Market Report for December 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for November 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for October 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for September 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for August 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for July 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for June 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for May 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for March and April 2009

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If I can provide more information about Oceanside real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits

Latest Real Estate Market Data for Oceanside, California

Every time you turn on the news or read the newspaper, you hear some sort of report about the real estate market. In most cases, however, the report is about the national real estate market and not the specific statistics for the city where you live.

Buyers, sellers, and homeowners in Oceanside, California should be familiar with the current real estate market statistics for your city. So, here's the latest information for you:

Total sales declined in January in Oceanside, and there was a decrease in attached property values in January. It would be difficult to speculate as to the reason for the decrease. Historically, the holidays have impacted the home sales in subsequent months, and perhaps that was the case in this situation.

Two specific factors to consider:

How does this data help if you are a home buyer? Prospective buyers can use this data to help determine whether buying a home in Oceanside is within their price range, once they have been pre-qualified by a mortgage lender.

Click Here to Learn Home Buying Tips for Oceanside Home Buyers

How does this data help if you are a home seller? This information is critical to home sellers in Oceanside. Over the past few years, property values have declined and many sellers may need to make tough decisions about whether to sell, and whether a short sale in Oceanside might be a consideration.

Click Here to Learn More About Selling a Home in Oceanside

This summary of the market data is based upon a review of data provided by Sandicor and the Multiple Listing Service of San Diego County. If you have any questions about the data or would like to receive full report of the information provided, feel free to contact me.

I received this email from JD Clayton of Progressive Loan Solutions in San Diego, California. JD was hired by the listing agent on a short sale listing (that I represented the buyer on). JD's job was to be the intermediary who communicated with the banks in the short sale transaction. This particular transaction took longer than seven months to complete, and JD was there working on it the entire time. I had quite a few conversations with her throughout those seven months. Here's the email I received from her just before Christmas:

Justin.

I wanted to take a moment to say "thank you" for all you did to facilitate the closing of (seller's) Oceanside property.

I need to add that you are in the top 1% of realtors that I have dealt with during my tenure in this business, which spans over 3 decades. You are extremely professional, never ruffled and willing to go 150% to get the job done, such as insuring that the termite inspection was completed, well after normal hours and great driving distance on your part.

It was such a pleasure to work with you, I can only hope that I have the opportunity to work with you again sometime in the future.

Happy Holidays!

JD Clayton

To search homes for sale in Oceanside, Carlsbad and throughout San Diego county all you have to do is click on the picture of the home below for San Diego county MLS.  If you want the most up to date mortgage rates click on the picture that says "rates". 

             Oceanside and Carlsbad homes for sale                            Current mortgage rates

The market is stabilizing which means that with a strengthening economy home values are  beginning to rise in Oceanside, Carlsbad and San Diego County.  Oceanside has seen an average of about 28% rise in closed purchase transactions!  Get in while you still can.  View Oceanside real estate market report.

Call us or stop by our Carlsbad office today!

First Priority Financial is licensed by the California DRE # 654852  Nevin's California DRE license 016552

  The opinions expressed in this blog are not necessarily those of First Priority Financial.

                     3700 Hillborn Rd #700, Fairfield, California 94534.   This is not a guarantee to lend.  * Not a licensed branch.

The Oceanside real estate market has undergone many shifts and continues to evolve, especially with the number of distress sales. This report does not include any private sales nor manufactured or mobile housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

Media reports speak in general terms, so information may not represent the reality of the local Oceanside real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller for making informed decisions about a purchase or sale.

READ MORE: Oceanside California - A Growing and Changing Coastal San Diego Community

In December 2009 there were 199 homes sold in Oceanside's 4 zip codes (92054, 92056, 92057, 92058), as compared to 156 in November (an increase of 27%). Here's the breakdown of overall activity.

In Oceanside there were 293 homes with a contingent status at the end of December, down modestly from November. This represents 44% of all the homes for sale. Buyers entering the Oceanside real estate market are seeing almost 1/2 of the inventory already with offers in for approval for short sales and REOs. (Note: these are not the only short sale and REO homes for sale, just those with offers). These contingent homes are included in the overall Active stats below.

At the end of December 2009 the Oceanside real estate market had 669 homes for sale, down 6% from November which had dropped 7% from October. This represents an inventory of 2.6 months for detached homes (down from 2.8 months in November) and 4 months for attached homes (down slightly from November) based on the current rate of sales over the last 6 months. The Oceanside real estate market is getting tighter and more competitive at the moment.

In December 195 Oceanside homes came on the market, 41% more than last month, which means more inventory for buyers and hopefully more sales next month. During December 165 homes went pending, the same as last month.

More details can be provided with regard to current activity in the Oceanside real estate market and within the specific zip codes.

READ MORE:

Oceanside Real Estate - Oceanside Real Estate Market Report for November 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for October 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for September 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for August 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for July 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for June 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for May 2009

Oceanside Real Estate - Oceanside Real Estate Market Report for March and April 2009

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