Justin Tye

Encinitas, CA

Single-Family Homes

Active Realty I REAL



Encinitas, CA

Thu Jun 20 2024
This week the median list price for Encinitas, CA is $2,969,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 68. Click here to stay informed with the Encinitas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Encinitas, CA

Thu Jun 20 2024
This week the median list price for Encinitas, CA is $2,969,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 68. Click here to stay informed with the Encinitas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Encinitas market.
Median List Price $2,969,000
Median Price of New Listings $2,249,900
Per Square Foot $1,016
Average Days on Market 52
Median Days on Market 28
Price Decreased 40%
Price Increased 1%
Relisted 10%
Inventory 68
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,295,000 3,824 0.25 - 0.5 acre 5 4 33 3 1 28
$3,500,000 3,632 0.25 - 0.5 acre 5 4.5 33 2 2 28
$2,695,000 2,358 8,000 - 10,000 sqft 4 3 25 3 1 21
$1,750,000 1,600 6,500 - 8,000 sqft 3 2 41 4 2 35