Ocean Hills Country Club (OHCC) Real Estate Market Update – August 2024
Welcome to the comprehensive August 2024 housing market update for Ocean Hills Country Club (OHCC), brought to you by DreamWell Homes Realty. In this update, we provide the latest housing trends, key market statistics, and expert analysis. Whether you’re buying or selling in this sought-after 55+ community in Oceanside, CA, our insights will help you make informed real estate decisions.
Ocean Hills Country Club Housing Market Insights for August 2024
Here’s a detailed breakdown of the Ocean Hills Country Club housing market for August 2024:
- Total Homes Sold: 13
- Average Sales Price: $988,494
- Average Days on Market: 15 days
- Average Sold Price Per Square Foot: $649.25
- Average Home Size: 1,580 sq. ft.
- Average Percentage of Sold Price to List Price: 99.95%
Comparison of July 2024 vs. August 2024 in Ocean Hills Country Club
| Market Metric | July 2024 | August 2024 | Difference |
|---|---|---|---|
| Total Homes Sold | 7 homes | 13 homes | +6 homes |
| Average Sales Price | $1,199,904 | $988,494 | -$211,410 |
| Average Days on Market | 21 days | 15 days | -6 days |
| Average Sold Price Per Square Foot | $581.92 | $649.25 | +$67.33 |
| Average Home Size | 2,111 sq. ft. | 1,580 sq. ft. | -531 sq. ft. |
| Average Percentage of Sold Price to List | 99.80% | 99.95% | +0.15% |
Key Takeaways from the August 2024 Ocean Hills Country Club Market:
- Homes Sold: August saw 13 homes sold, nearly double the number sold in July, indicating increased demand.
- Average Sales Price: The average price dropped by $211,410 from July to August, with the average August priceat $988,494. This suggests that the homes sold in August were generally smaller and more affordable.
- Days on Market: Homes sold faster in August, averaging 15 days on the market, compared to 21 days in July, highlighting strong buyer interest.
- Price Per Square Foot: Despite lower overall home prices, the price per square foot in August increased to $649.25, signaling a premium for smaller homes.
- Home Size: Homes sold in August were smaller, with an average size of 1,580 sq. ft., compared to 2,111 sq. ft. in July. This likely explains the drop in overall sales prices and the increase in price per square foot.
- Percentage of Sold Price to List Price: Homes sold very close to their asking prices, with August 2024 seeing 99.95% of the list price, compared to 99.80% in July.
What Does This Mean for Buyers and Sellers in Ocean Hills Country Club?
- For Buyers: If you’re looking to buy a home in Ocean Hills Country Club, the market is competitive, with homes selling quickly and close to the asking price. Smaller homes are particularly popular, and buyers should be prepared to act fast when a property becomes available.
- For Sellers: If you’re thinking of selling, the August 2024 market data shows strong demand. With homes selling faster and prices holding steady, now is a great time to list your home. Smaller homes, in particular, are commanding higher prices per square foot.
If you’re ready to explore buying or selling a home in Ocean Hills Country Club, contact Ken Tritle at DreamWell Homes Realty for personalized service and expert guidance.
Ocean Hills Country Club Homes For Sale In-Depth Guide
Ocean Hills Country Club Homes For Sale
★★★★★ Ken Tritle, Ocean Hills Country Club Realtor® Reviews ★★★★★
Contact Ken Tritle: Ready for a personal tour of Ocean Hills Country Club? Contact Ken Tritle at DreamWell Homes Realty for unparalleled service and guidance.
Call or Text: 760-798-9024
Email: jeanken@dreamwellhomes.com
