Heritage Escrow

Encinitas, CA 92024

Single-Family Homes

Jerah Payne 858-449-0089


Encinitas, CA 92024

Fri Jul 26 2024
This week the median list price for Encinitas, CA 92024 is $3,387,499 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 74. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 92024

Fri Jul 26 2024
This week the median list price for Encinitas, CA 92024 is $3,387,499 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 74. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $3,387,499
Median Price of New Listings $3,087,500
Per Square Foot $981
Average Days on Market 58
Median Days on Market 42
Price Decreased 42%
Price Increased 1%
Relisted 14%
Inventory 74
Median Rent
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$5,522,500 4,502 0.5 - 1 acre 5 4.5 27 0 0 52
$3,795,000 4,087 0.25 - 0.5 acre 5 4.5 23 1 0 45
$2,899,000 2,884 0.25 - 0.5 acre 4 3.5 26 0 0 56
$1,799,000 1,883 6,500 - 8,000 sqft 3 2 44 1 4 28