Not sure where the Encinitas real estate market is heading? You certainly aren’t alone. Between news headlines, social media chatter, and conversations at the beach, everyone seems to have an opinion about the market's direction. Unfortunately, most opinions aren't based on concrete data, or they rely on broad geographic averages that simply don't reflect our unique coastal community. What is happening in New York, Florida, or even downtown San Diego, isn’t necessarily a reflection on what is happening right here, in Encinitas. That is why it is so important to get HYPER LOCAL numbers, especially if you are planning to sell, or purchase a home in neighborhoods like Olivenhain, Leucadia, or New Encinitas. Below we have posted data for the city of Encinitas, as it stands today. We will also re-post every 30 days, so you can get a good idea what is happening in your hometown. If you would like more specific numbers for your street or neighborhood, give us a call or shoot us an email. We can also set up an auto email, so you get up to date numbers, sent to your inbox weekly. Deciding what to do with your home, or whether to purchase a new one, is too big a decision to make, without accurate data. We would be happy to keep you abreast of the changes in the real estate market, so you can make an informed, intelligent, decision.
We are Graham and Kelly Levine, REALTORs and Team Leaders, and we are here to help. Our job, and our focus, is getting you every single dollar we can for your home. We do this through advanced online and digital marketing, fierce negotiation skills, and local market knowledge that is second to none. Over the past 20 years we have helped more than 500 families, just like yours, sell for top dollar- and we can help you too!
Call us today at 760.421.1733 to get started!
If you are wondering what all this means for the value of YOUR Encinitas home- CLICK HERE for an instant online home value. Just enter your address and email and a value report will be emailed to you in seconds!
Encinitas Real Estate Market Statistics for Single Family Homes
Encinitas Real Estate Market Statistics for Condos/Townhomes
Market Action Index for Encinitas
The market action index answers the question “How’s the market?” by measuring the current rate of sales versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Median List Price of Homes in Encinitas
The median list price tracks the middle range listing price of homes in the area. Half the homes are listed for more, and half are listed for less.
Total Inventory for Encinitas
The total inventory tracks how many homes are currently listed for sale and addresses the issue of “Supply and Demand.” A low inventory, coupled with a low average days on market, indicates that the supply isn’t keeping pace with demand. An increased inventory, with increased days on market, means there isn’t sufficient demand for the number of homes currently for sale.
Average Days on Market in Encinitas
The average days on market tracks how long it takes for a home to sell. Shorter days on market indicate a decrease in inventory, and more demand.
For more information on Encinitas real estate, the housing market, and homes for sale- contact Graham and Kelly Levine at 760.421.1733, or email us at [email protected].
