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Lot Size8,712 sqft
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Home Size2,100 sqft
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Beds5 Beds
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Baths3 Baths
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Year Built1995
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Days on Market10
The Latest Market Activity in San Diego County
- Neighborhoods and News
- carlsbad real estate, Encinitas Home, encinitas homes for sale, encinitas real estate, Encinitas real estate agent, encinitas realtor, home buying advice, Linda Moore, Linda Moore with Coldwell Banker, real estate in Encinitas, San Diego real estate
- January 25, 2016
Although San Diego County has seen a few months of slowing real estate transactions, recent market research carries good news for buyers, sellers, and real estate professionals alike. In a press release from earlier this month, the Greater San Diego Association of Realtors found a significant increase in home purchase prices for December 2015.
Although current statistics have already shown a low inventory of homes for sale in 2016, SDAR reports that the increase indicates a healthy housing market. The full report can be viewed here; below are the most relevant highlights for homeowners and prospective buyers in Encinitas and the surrounding San Diego County area:
- The median price of previously owned homes in San Diego County rose 6% during 2015, compared with 9% in 2014 and 20% in 2013
- $539,000: Median sales price for single-family homes in 2015, an increase of 7% compared to 2014
- $360,000: Median sales price for condominiums and townhomes in 2015, an increase of about 10% compared to 2014
- Homes sold in San Diego County in 2015 were on the market for an average of 40 days
- There were 16% more closings on properties in December 2015 (a total of 1,715 houses) as compared to November 2015