Sat Aug 17 2019
This week the median list price for Oceanside, CA is $638,500 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has held steady at or around 194.
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Strong Seller's Market
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
| Median List Price | $638,500 | |
| Per Square Foot | $321 | |
| Days on Market | 60 | |
| Price Decreased | 51% | |
| Price Increased | 4% | |
| Relisted | 14% | |
| Inventory | 194 | |
| Median House Rent | $2,450 | |
| Most Expensive | $4,500,000 | |
| Least Expensive | $315,000 | |
| Market Action Index Strong Seller's Market | 53 |
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,013,950 | 2,486 | 8,000 - 10,000 sqft | 4 | 3 | 28 | 10 | 10 | 87 |
| $697,725 | 2,471 | 6,500 - 8,000 sqft | 4 | 3 | 25 | 8 | 12 | 65 |
| $599,999 | 1,964 | 4,500 - 6,500 sqft | 4 | 2 | 26 | 7 | 13 | 48 |
| $500,000 | 1,364 | 4,500 - 6,500 sqft | 3 | 2 | 40 | 20 | 13 | 41 |