Real Estate Market Trends Report for Encinitas

• Real Estate Tips
• July 25, 2016

So what has been going on in the Encinitas market over the last 30 days? I found some great updates from The Open House. According to the new report from June 25^th to July 25^th Encinitas is a seller’s market right now. Here is some of the other new information they report on (some fascinating fun facts here):

• Why is it a seller’s market right now in Encinitas?

67 homes have been sold in the last 30 days! As of today, July 25^th, there are 175 active homes.

• What type of homes have been sold?

57 single family homes have been sold and the remaining 10 were condos.

• How much did buyers pay for the homes sold?

12 buyers paid over asking price. 11 buyers paid at asking price while 44 paid under asking.

• What prices were homes listed for?

The median listing price was $1.2M which is $103K down from June.

• How fast did the homes sell?

4 homes sold in under one month! 48 homes sold in between one and three months while 15 homes sold in over three months.

• How long were homes on the market?

The median days that sold listings were on the market was 51 days which was 2% down from June.

• Which was the most popular street in Encinitas?

Neptune Avenue

There are even more fun facts about the recent market trends for Encinitas in the June 25^th to July 25^th report. Check them out here: https://www.theopenhouse.com/real-estate-market-trends/report/encinitas-san-diego-california/us-ca-san_diego-encinitas_p0622678