Average Home Prices in Oceanside, California

If you are currently in the market for a home in Oceanside, California, it can be difficult to navigate the current market. There are a number of different factors that can influence the average price of a home in the area, so it is important to know if you are getting a great deal.

Fortunately, the professional realtors with Blue Horizon can help you find the right home to meet all of your needs. We have the talent that you need on your side to navigate the thriving real estate market of the local area. If you are currently looking for a home, do not waste any time and call us today to make sure the right house doesn’t slip through your fingers.

Understanding the Average

The average for individual areas within Oceanside can vary pretty widely depending on school district, amenities, size, or the neighborhood it is located in. The current median price of a home in the area is just shy of $536,000. Home prices over the last year have risen 0.7% and are predicted to increase by another 0.1% over the next year.

What This Means for Buyers

Homebuyers are likely to see an increase in the number of people that are looking to sell homes that may have been holding them as investment properties. An increase in the number of homes on the market can also help buyers and allow them to ask for additional concessions. However, potential buyers should also recognize that asking for too much in an initial offer can get them closed down immediately, and they might not get another shot at the home.

It is important through the offering process to work closely with our staff. We know and understand the trends and how they are changing every single day. This can put you on the leading edge to land the home you want for the best possible price.

Comparing the Average

Identifying the area that you want to live is important, but it is equally important to understand how Oceanside is situated in the overall market. When comparing Oceanside with some of the neighboring cities, we fall pretty near the middle in terms of the price. Encinitas holds a current median value of $925,000 on the high end, and Murrieta rounds out the bottom end of the price range at $396,000.

Making the Average Work for You

Of course, if you are looking for a home that is considerably larger or smaller than the average home, you may be shocked, or really excited when you see an asking price. Not all homes can be compared so easily, though. Homes that overlook the ocean, or have quick access are likely to be priced much higher than homes further from the beach. One of the most useful analytics for you to understand when you begin your search is the price per square foot. This can allow you to compare the size of your current home and how it compares with the average price for the area. The current median price per square foot in Oceanside is $337. This means that if you find your dream home with private ocean access for $337 a square foot, it could be a steal! Of course, there could also be some hidden pitfalls, so working with a trusted realtor is absolutely essential throughout the process.

Overview

Purchasing a home in Oceanside can be a daunting task to undertake with a realtor who does not completely understand the local market. Call Blue Horizon Realty and Lending Inc. in Escondido, CA today and see how our expertise can get you into the right home today (760) 891-4500.