Sunday, October 14, 2018

Encinitas, CA Condominium Housing Trends as of 10/14/2019


MARKET CONDITIONS IN ENCINITAS, CA:
When comparing the most recent 3 month period with the same period last year:  median sale price change - +0.7%, current months of housing inventory - 1.86 months, median market exposure time - 27 days, anticipate marketing time over next 3 months -  61 days

07/15/17-10/14/17 vs. 07/15/18-10/14/18
Total Number of Sales: -23.7%
Absorption Rate (Sales/Month): -23.7%
Total # of Active Listings: -14.3%
Months of Housing Supply: +12%
Median Sale Price: +0.7%
Median Sales Days on Market/The Typical Market Exposure Time: +92.9%
Median List Price: -1.9%
Median Listings Days on Market: +0%
Sales Price to List Price Ratio: -0.4%
Estimated Marketing Time Over the Next 3 Months: 61 Days

Brian A. Ward
CA Certified Appraiser
(619) 630-9273
Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Immigration
* Property Tax Appeals
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds
* More!

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