Median List Price on Encinitas Real Estate

Not only is Encinitas a great place to live with so much to offer its residents, the market on Encinitas real estate is one of the strongest in California and the country. Here’s a look at what makes the Encinitas real estate market so desirable.

Median Listing Price

The median listing price for a home in Encinitas is currently $1.3 million. When compared to the national average of $187,000, Encinitas homes are worth a great deal more than the average home for sale in the United States.

The same can be said for Encinitas real estate compared to real estate in the rest of San Diego County or throughout the state of California. For homes in San Diego, as of February 2013, the median sales price was $370,000. Throughout the state of California, the median listing price was roughly $330,400 for the month of January, 2013.

Distressed Sales

The number of distressed sales in Encinitas is very low. On average throughout the first part of 2013, distressed sales accounted for less than 1% of all homes on the market. In 2012, distressed sales accounted for 43% of home sales.

Inventory

Currently, inventory around the country is significantly lower than it has been in years; year-over-year inventory fell 25% across the United States for the month of January. Inventory in Encinitas has also decreased significantly in the last year, by as much as 42%.

Learn more about real estate in Encinitas and schedule a viewing with a real estate agent in Encinitas.

Encinitas, CA Median List Price

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