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Friday, April 27, 2012

Weekly Local Market Update


Happy Friday to everyone!

Below are the current market trends in Oceanside for both single family homes (overall & by zip code) as well as town homes & condos. The overall trends for single family homes in Carlsbad & the specifically in the 92009 zip code are also listed.

This Week
The median list price in OCEANSIDE, CA this week is $329,900. The 415 properties have been on the market for an average of 130 days.
Inventory has been tightening and days-on-market decreasing recently.

The median list price in OCEANSIDE, CA 92054 this week is $400,000. The 83 properties have been on the market for an average of 157 days.
Inventory is tightening and days-on- market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

The median list price in OCEANSIDE, CA 92056 this week is $345,000. The 107 properties have been on the market for an average of 121 days.
The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

The median list price in OCEANSIDE, CA 92057 this week is $340,000. The 170 properties have been on the market for an average of 121 days.
The Market Action Index has been trending down recently, but as days- on-market decreases also, there are not strong signals for the direction of the market.

The median list price in OCEANSIDE, CA for town homes & condos this week is $257,900. The 89 properties have been on the market for an average of 144 days.
Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

The median list price in CARLSBAD, CA this week is $695,000. The 359 properties have been on the market for an average of 125 days.
The Market Action Index has been trending down recently, but as days- on-market decreases also, there are not strong signals for the direction of the market.

The median list price in CARLSBAD, CA 92009 this week is $759,490. The 150 properties have been on the market for an average of 104 days.
The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Data provided by Altos Research for Real Living Lifestyles

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