Heritage Escrow

Encinitas, CA 92024

Single-Family Homes

Jerah Payne 858-449-0089



Encinitas, CA 92024

Sun May 26 2024
This week the median list price for Encinitas, CA 92024 is $2,975,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has increased to 51. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Encinitas, CA 92024

Sun May 26 2024
This week the median list price for Encinitas, CA 92024 is $2,975,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has increased to 51. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Encinitas market.
Median List Price $2,975,000
Median Price of New Listings $1,649,000
Per Square Foot $1,054
Average Days on Market 65
Median Days on Market 28
Price Decreased 37%
Price Increased 4%
Relisted 20%
Inventory 51
Median Rent
Market Action 45
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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 3,623 0.25 - 0.5 acre 4 4.3 38 2 1 38
$3,500,000 2,958 0.25 - 0.5 acre 4 4 21 1 4 28
$2,395,000 2,242 6,500 - 8,000 sqft 4 2.5 25 0 1 35
$1,449,000 1,567 6,500 - 8,000 sqft 3 2 40 4 3 21