Home Value Update: July 2023

Inventory is still very low in all areas. With interest rates approaching 7% again, doubtful that will change soon.

Carlsbad: Home prices are beginning to soften a bit. Active listings and the number of sold homes are up.

MonthAvg
Sold $
ChgDOMChgSold HomesChgAct. ListingsChg% List PriceYoY Chg
07/23$1,861,000-3%140%17915%1036%100.0%2.2%
06/23$1,920,0001%14-26%156-3%9723%100.3%3.0%
05/23$1,900,0006%19-17%16115%7922%100.0%2.4%
04/23$1,793,0008%23-26%1409%655%98.4%-0.8%
03/23$1,657,0004%310%12835%62-2%96.9%0.8%
02/23$1,594,000-0%3111%95-17%63-19%95.5%5.1%
01/23$1,598,000-2%280%114-10%78-21%95.9%4.1%
12/22$1,623,0002%28-7%127-19%99-14%94.4%4.9%
11/22$1,587,000-2%300%156-4%115-9%94.0%3.1%
10/22$1,614,000-5%3025%162-14%127-16%94.9%5.0%
09/22$1,703,600-5%2441%188-12%151-11%95.8%14.3%
08/22$1,802,279-1%1742%213-4%1691%98.9%22.4%
07/22$1,821,026-2%1220%223-4%16719%102.8%27.6%
06/22$1,863,6240%100%2334%14037%106.7%29.5%
05/22$1,855,9693%10-17%2236%10236%109.4%26.2%
04/22$1,807,47110%12-20%21012%759%109.5%23.3%
03/22$1,643,4658%15-12%187-6%69-5%107.4%16.1%
02/22$1,516,065-1%176%198-14%73-17%104.4%20.7%
01/22$1,535,059-1%160%231-17%88-15%103.0%30.4%

Encinitas: Prices, active listings, sold homes and Days on Market all holding steady over the last few months.

MonthAvg
Sold $
ChgDOMChgSold HomesChgAct. ListingsChg% List PriceYoY Chg
07/23$2,560,0001%2216%82-1%450%99.7%-3.4%
06/23$2,523,0001%19-21%832%452%98.7%-2.7%
05/23$2,496,000-4%24-11%8131%4413%98%-3.7%
04/23$2,592,0002%27-18%6219%393%97.1%6.4%
03/23$2,542,00022%33-8%520%38-16%94.9%17.2%
02/23$2,077,0002%3613%520%45-4%92.2%1.2%
01/23$2,028,000-10%32-3%52-15%47-10%93.4%-5.9%
12/22$2,255,000-4%3318%61-5%52-5%92.5%1.3%
11/22$2,343,000-6%28-10%64-7%554%93.4%3.9%
10/22$2,505,000-4%3111%691%53-5%93.2%10.3%
09/22$2,604,000-2%2840%68-3%56-3%94.4%13.3%
08/22$2,668,9441%2054%70-17%584%98.1%25.6%
07/22$2,650,4042%130%84-18%5614%103.1%31.3%
06/22$2,592,6140%13-19%103-9%4920%105.6%31.3%
05/22$2,590,5936%167%11318%4121%106.7%30.1%
04/22$2,435,88712%15-25%9612%34-6%106.9%24.8%
03/22$2,169,5826%20-9%868%36-14%104.7%17.3%
02/22$2,052,570-5%22-19%80-7%42-19%103.1%17.5%
01/22$2,155,319-3%2713%86-7%52-13%101.8%27.7%

Oceanside: Another area that is mostly holding steady for the last few months.

MonthAvg
Sold $
ChgDOMChgSold HomesChgActive ListingsChg% List PriceYoY Chg
07/23$974,000-2%14-22%2433%98-3%102.1%-0.6%
06/23$997,0001%18-33%2362%1016%101.1%2.6%
05/23$988,0000%27-18%23212%9517%100%0.9%
04/23$984,0007%33-11%2087%81-21%98.5%5.6%
03/23$923,000-2%379%19410%103-18%97.2%3.0%
02/23$938,0001%340%176-7%125-15%96.1%14.0%
01/23$933,000-0%3417%190-16%147-15%95.2%9.5%
12/22$934,0003%294%225-11%173-9%95.3%9.8%
11/22$911,0003%2812%254-14%190-2%95.4%3.9%
10/22$885,000-2%254%296-2%193-6%97.4%6.3%
09/22$904,283-2%2433%303-1%206-8%96.8%11.3%
08/22$926,014-5%1838%307-4%2232%99.1%15.5%
07/22$979,5241%1318%321-17%21814%102.3%23.2%
06/22$971,761-1%11-15%385-9%19124%104.8%21.9%
05/22$979,3465%13-13%4219%15418%105.8%25.8%
04/22$931,8934%15-12%38621%1305%105.7%21.6%
03/22$896,0659%176%318-2%124-5%104.7%19.7%
02/22$823,005-3%167%324-11%130-10%103.1%18.4%
01/22$852,1430%157%364-15%144-7%102.9%24.9%

San Marcos: Prices have steadily moved up this year with the number of homes for sale dropping during the same time.

MonthAvg
Sold $
ChgDOMChgSold HomesChgActive ListingsChg% List PriceYoY Chg
07/23$1,186,0003%2111%124-6%37-12%100.6%3.8%
06/23$1,154,0003%19-5%1325%425%100.1%4.9%
05/23$1,123,0001%20-29%12613%40-9%99.3%3.4%
04/23$1,113,0009%28-20%1128%44-19%98.7%5.6%
03/23$1,017,0002%35-3%10416%54-17%97.3%-1.9%
02/23$996,0002%3624%90-14%65-14%95.5%1.5%
01/23$972,0002%297%105-15%76-16%95.2%-2.1%
12/22$951,000-2%278%123-22%90-11%94.6%-1.0%
11/22$974,000-1%259%158-3%101-6%95.0%2.8%
10/22$985,000-6%2310%163-8%107-8%95.8%6.4%
09/22$1,047,000-5%2131%177-3%116-6%96.9%11.5%
08/22$1,098,000-4%1623%183-11%1236%99.8%13.8%
07/22$1,143,0004%138%205-8%11620%102.9%17.7%
06/22$1,100,6171%120%222-1%9728%105.0%14.8%
05/22$1,085,7693%120%22411%7613%106.7%19.0%
04/22$1,053,8082%120%20110%678%107.3%18.6%
03/22$1,036,3536%120%183-4%623%106.9%24.5%
02/22$981,319-1%12-20%190-6%60-5%105.0%21.0%
01/22$993,1963%150%203-11%63-7%103.0%26.5%

Vista: Prices have gone up steadily over the last 6 months. Inventory of available homes has held steady, although low as eveywhere else.

MonthAvg
Sold $
ChgDOMChgSold HomesChgActive ListingsChg% List PriceYoY Chg
07/23$982,0002%15-6%14720%67-1%102.1%7.6%
06/23$964,0003%16-20%123-8%6821%100.2%1.6%
05/23$936,0000%20-13%1348%5610%99.3%-1.0%
04/23$935,0008%23-21%124-6%51-16%98.7%0.9%
03/23$863,0003%29-17%13227%61-10%97.5%-3.7%
02/23$835,0002%35-3%104-10%68-22%95.3%-5.5%
01/23$820,000-1%3620%116-6%87-19%94.2%-7.2%
12/22$828,000-3%3011%124-24%107-18%95.3%-3.6%
11/22$851,945-6%2717%163-11%131-11%95.9%2.2%
10/22$906,273-0%2321%183-9%147-10%96.6%13.6%
09/22$910,549-1%1919%2013%1633%97.4%15.3%
08/22$918,4641%1633%196-14%15910%98.6%18.5%
07/22$913,029-4%129%227-12%14421%101.7%18.4%
06/22$948,4250%1110%258-3%11924%105.5%24.0%
05/22$945,9102%10-9%26712%9617%107.0%25.8%
04/22$926,8643%11-21%23811%8215%107.4%28.8%
03/22$896,5491%14-13%214-3%719%104.8%30.0%
02/22$883,560-0%16-6%220-8%65-12%103.4%34.0%
01/22$883,9073%170%240-3%74-17%102.6%31.6%