Oceanside Home Prices for November 2007

Based upon our research of the local San Diego County real estate market, it appears that the real estate market prices have decreased in Oceanside San Diego County; CA. Oceanside zip codes are 92054, 92056 and 92057.

This is a discussion on the sales prices for homes sold recently as compared to last year. In the past 90 days, there have been 170 homes that have sold and closed escrow in Oceanside, CA. These homes range in prices from a low of $215,000 for a 2 bedrooms, 2 bath, and 1440 square foot home on Salem Ct in the subdivision Pilgrim Creek 92057 zip code. To a high price of $1,395,000 for a 2 bedroom, 2 baths, 1009 square foot home by the beach on North Pacific Street in Oceanside map code 1085J7. The average sold price is $496,359. The average price per square foot is $265 and the average days on market are 70 days.

During this same 90 day period last year, there were 384 homes that sold and closed escrow in Oceanside, CA. These homes ranged in price from $235,000 for a 2 bedroom, 2 bath, 1498 square foot home on Vista Campana in the PUD Subdivision Oceana for seniors. On up to $4,500,000 for a 5 bedroom, 5.5 baths, Heirloom St. Malo,2 story fairytale home. Ebony stained wood flooring, cantera marble kitchen island, French doors from upstairs rooms overlooking front courtyard and lagoon patio. There are views of sunrises and sunsets over the ocean and estuary. The average price of these sold homes one year ago was $543,090, the average price per square foot was $294 and the average days on market was 71 days. Comparing these figures to the current market are the following; the average price decreased by 9.4% and the average price per square foot decreased by 11%. This is drop in prices do to the correction in the market, high inventory and increase in foreclosures, which are good deals for buyers.

Below is one of the lowest priced for the square footage Bank Foreclosures in map code 1086H1 of Oceanside for sale. If you would like to view this home go to County Properties Real Estate.
424 Via Maria Avenue, Oceanside, CA 92057

Listed at a price of $424,900 this home features 3 bedrooms plus optional room, 2 bathrooms 1855 square feet with a large 8,500 square foot lot. Bank owned foreclosure. Beautiful property in nice, tree lined neighborhood. Home is single level with updated kitchen cabinets & in ground pool. There is plenty of storage thru out. 2 bedrooms have French doors going out to back yard & pool.

The real estate market in Oceanside has cooled off from a year ago, but we see several signs that a bottom is being reached at this time. If you would like to view all homes, condos or bank owned foreclosures listed for sale, please visit our website at: County Properties Real Estate.

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