Oceanside, California is a wonderful community with lots to offer residents and visitors. This is a town that the amenities and conveniences a large city has (after all it is the third largest city in the San Diego metro) but still keeps that beach-y flavor that many smaller “beach towns” in and around the area have.
Because it is a larger city and is situated close to many of the corporate parks in the northern part of the county as well as the Marine Corps Base Camp Pendleton, it draws tons of people wanting to live near or on the ocean. From first time buyers to real estate investors looking for vacation rentals, Oceanside has a home to fit their needs.
Selling a Home in Oceanside, California
With the market beginning to rebound, buyers are coming to the table. The number of sales each month continues to increase. The most recent numbers show that the number of monthly sales increased about 35 percent from a year ago. As for the median price, the most current price sits at about $330K for single family homes and $175K for condominium homes and townhomes. These amounts reflect a slight uptick but more importantly, a signal that the real estate market in Oceanside is stabilizing. Homes typically take about 75 days to sell which shows that buyers are ready to buy rather than still continuing to kick tires.
Buying a Home in Oceanside, California
For those interested in buying in Oceanside, now is the time. Because prices have stabilized, buyers can still get a “good deal.” The most recent median price of single family homes in Oceanside showed a slight uptick of 2 percent over the previous month and year while condos were up slightly over the past month but down a smidgeon for the past year. As for the time on the market, it is important for buyers to be ready to make a move as homes sell within 75 days or two and a half months.
As for foreclosures and short sales, they are still out there. Although they continue to decrease in number (most recently, by 10 to 15 percent over the last month), those buyers interested in buying distressed property have plenty of opportunities.
Relocation to Oceanside
For those relocating to Oceanside, our agents are very familiar with the area. We can provide you with the important information regarding schools, neighborhoods, and all of the necessary phone numbers to make your move as painless as possible.
The Next Steps
Whether buying or selling, the most important factor to consider is pricing. Our real estate agents have a lot of experience with the Oceanside market. We can help sellers with listing and marketing a property to successfully sell as well as provide buyers with the most up to date information to make a reasonable and sound offer.
Oceanside is a great place to buy for just about every type of buyer. There is a broad spectrum of list prices from the mid-$100s for condominium homes to the multi-millions for oceanfront property with spectacular views.
Just take the plunge.