Looking for a local market update for Encinitas CA 92024? Wondering how the Encinitas CA 92024 housing market is doing?
Look no further than this real estate market update provided by the North San Diego County REALTORS®.
Here, you’ll find key metrics on detached and attached single-family homes, including new listings, pending sales, closed sales, days on market until sale, median and average sales prices, percent of original and list price received, and inventory of homes for sale.
Whether you’re a homebuyer or seller in Encinitas CA 92024, this market update can provide valuable insights into the current state of the local real estate market.
And if you’re looking to buy or sell a home in Encinitas CA 92024, don’t hesitate to contact DreamWell Homes Realty for expert guidance and support.
Currently, these are the total number of listings in Encinitas CA 92024
| Encinitas CA Real Estate For Sale | Total Listings |
|---|---|
| Encinitas CA 92024 Real Estate All Types | |
| Encinitas CA 92024 Detached Single Family Homes | |
| Encinitas CA 92024 Attached Homes (Condos, Townhomes, and Multi-family Homes) | |
| Encinitas CA 92024 All Other Property Types (Manufactured Homes, Land, Etc) |
Encinitas CA 92024 Real Estate: A Look at Recent Market Statistics
| Encinitas CA Current Real Estate Listings Links | Total Listings |
|---|---|
| Ocean View Homes For Sale in Encinitas CA | |
| Beachfront Homes For Sale in Encinitas CA | |
| Single Story Homes For Sale in Encinitas CA | |
| Homes with a Master Bedroom on the Main Floor (Master on Main) | |
| Homes in 55 Plus Communities in Encinitas CA | |
| Homes with Granny Flat, Accessory Dwelling Unit (ADU) in Encinitas CA | |
| No HOA Homes in Encinitas CA | |
Encinitas CA US Census Bureau Quick Facts
Encinitas CA Real Estate For Sale:
Encinitas, CA 92024 Local Market Update – January 2025
📍 Encinitas Real Estate Market: What’s Happening?
The Encinitas housing market in January 2025 has shown some notable shifts that both buyers and sellers should pay close attention to. Let’s break down the key trends and insights so you can make informed decisions in this dynamic market.
Detached Single-Family Homes: More Inventory, Price Adjustments
🔹 New Listings: 38 (Up +58.3% from 24 in Jan 2024)
🔹 Pending Sales: 17 (Up +30.8% from 13 last year)
🔹 Closed Sales: 16 (Slight increase of +6.7%)
🔹 Days on Market (DOM): 36 Days (Up +16.1% from 31 days)
📉 Home Prices Are Adjusting
- Median Sales Price: $1,950,000 (Down -23.6% from last year’s $2,551,000)
- Average Sales Price: $2,236,241 (Down -8.3%)
📈 Sellers Are Receiving Stronger Offers
- Percent of Original List Price Received: 99.4% (Up +3.2%)
- Percent of List Price Received: 100.3% (Up +1.9%)
📦 Inventory & Supply
- Homes for Sale: 49 (Up +4.3%)
- Months of Supply: 2.2 months (Stable)
💡 What This Means:
Detached home prices have moderated, providing opportunities for buyers who were previously priced out. However, sellers are receiving stronger offers closer to asking price, meaning well-priced homes are still moving quickly.
🏠 Attached Homes (Condos & Townhomes): Lower Inventory, Rising Prices
🔹 New Listings: 16 (Down -23.8% from 21 last year)
🔹 Pending Sales: 6 (Down -62.5%)
🔹 Closed Sales: 10 (Down -33.3%)
🔹 Days on Market: 30 Days (Up +30.4%)
📈 Prices Are Rising Despite Lower Sales
- Median Sales Price: $1,122,250 (Up +10.0% from last year’s $1,020,000)
- Average Sales Price: $1,098,350 (Down -6.0%)
📉 Sellers Receiving Slightly Lower Offers
- Percent of Original List Price Received: 97.3% (Slight dip of -0.1%)
- Percent of List Price Received: 98.9% (Down -0.2%)
📦 Inventory Crunch: Fewer Condos Available
- Homes for Sale: 14 (Down -50.0%)
- Months of Supply: 1.2 months (Down -50.0%)
💡 What This Means:
Condos and townhomes in Encinitas have become more valuable, with prices increasing despite a decline in sales. However, low inventory levels mean buyers have fewer choices, keeping demand competitive.
📊 Key Takeaways for Buyers & Sellers
For Sellers:
✅ If you’re selling a detached home, be strategic about pricing—prices have come down, but strong offers are still coming in.
✅ If you’re selling a condo, demand is still high due to low inventory, and prices are rising.
📌 Tip: Consider listing sooner rather than later to take advantage of low competition in the attached home market.
For Buyers:
✅ Detached home prices are adjusting, presenting new opportunities.
✅ Condos are appreciating, so acting sooner in this tight market is wise.
✅ Expect slightly longer days on market, so there’s room to negotiate—but not too much!
📌 Tip: Lock in a competitive interest rate now, as market conditions may shift again.
🏡 Thinking of Buying or Selling in Encinitas?
At DreamWell Homes Realty, we specialize in helping buyers and sellers navigate the Encinitas real estate market. Whether you’re downsizing, relocating, or investing, we can guide you with expert local insights.
Ready to Find Your Forever Home in San Diego?
Contact Jean and Ken Tritle, the husband-and-wife real estate team behind DreamWell Homes Realty—your trusted experts in San Diego 55+ communities and retirement real estate.
Whether you’re downsizing, relocating, or searching for the perfect active adult neighborhood, we’re here to guide you every step of the way.
Call or Text: 760-798-9024
Email: jeanken@dreamwellhomes.com
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