Real Estate Market Report

North County San Diego Real Estate Market Report – May 2024

Sales prices are staying high. For detached home sales, Oceanside set a new record high sales price for April 2024, at $975,000.

Inventory has continued to rise this spring. Between late April and late May, the number of detached homes across six North County cities increased over 11%.

Carlsbad – $1,900,000

All-time high: $1,930,000 – April 2022

Encinitas/Cardiff-by-the-Sea – $2,375,000

All-time high: $3,100,000 – September 2023

San Marcos – NEW HIGH – $1,150,000

All-time high: $1,196,000 – March 2024

Vista – $915,260

All-time high: $985,000 – March 2024

Oceanside – NEW RECORD HIGH – $975,000

Escondido – $935,000

All-time high: $947,500 – November 2023

Interest Rates

Rates have been hovering in the 6-7% range this year. Now more than ever, your credit score makes a huge difference. If you’re considering buying or refinancing, start with a credit check, to make sure you can secure the best rate possible.

If you own a home, it’s probably worth more than you think. Contact me for a free personalized home valuation, or if you have any other real estate questions. I would love to hear from you!