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Friday, May 18, 2012

Weekly local Market Update


Happy Friday to everyone!

Below are the current market trends in Oceanside both for 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 $320,000. The 397 properties have been on the market for an average of 137 days.
Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.

The median list price in OCEANSIDE, CA 92054 this week is $397,500. The 85 properties have been on the market for an average of 149 days.
Inventory is tightening and days-on- market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

The median list price in OCEANSIDE, CA 92056 this week is $325,000. The 101 properties have been on the market for an average of 129 days.
Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
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The median list price in OCEANSIDE, CA 92057 this week is $320,000. The 155 properties have been on the market for an average of 130 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 92058 this week is $208,500.
The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.

The median list price for Condos & Town Homes in OCEANSIDE, CA this week is $299,900. The 83 properties have been on the market for an average of 163 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 $706,854. The 323 properties have been on the market for an average of 121 days.
Inventory has been tightening and days-on-market decreasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.

The median list price in CARLSBAD, CA 92009 this week is $749,950. The 150 properties have been on the market for an average of 95 days.
Inventory is up and Market Action is trending down recently. While days- on-market appears to be trending lower, the overall conditions are weakening a bit.

Data provided by Altos Research for Real Living Lifestyles

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