Your Local Market Report

Encinitas, CA 92024

Single-Family Homes



Encinitas, CA 92024

Sat Nov 27 2021
This week the median list price for Encinitas, CA 92024 is $3,150,000 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has decreased to 31. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Encinitas, CA 92024

Sat Nov 27 2021
This week the median list price for Encinitas, CA 92024 is $3,150,000 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has decreased to 31. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Encinitas market.
Median List Price $3,150,000
Median Price of New Listings $2,049,500
Per Square Foot $1,033
Average Days on Market 77
Median Days on Market 42
Price Decreased 32%
Price Increased 3%
Relisted 13%
Inventory 31
Median Rent $6,090
Market Action 57
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$6,299,000 3,893 0.25 - 0.5 acre 4 3.5 27 0 2 112
$3,822,000 3,685 1 - 2.5 acres 4 4.3 28 2 2 59
$2,874,500 3,650 0.5 - 1 acre 4 3 29 2 2 52
$1,547,000 2,178 0.25 - 0.5 acre 3 2.5 45 4 5 14