U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month-over-month to a seasonally adjusted annual rate of 4.19 million, according to the National Association of REALTORS® (NAR), as higher interest rates and rising sales prices continue to keep some prospective buyers on the sidelines. Average 30-year mortgage rates have topped 7% in recent weeks, while the median existing-home sales price hit $393,500 as of last measure, a 4.8% increase from the previous month, according to NAR.
- Closed Sales increased 12.8 percent for Detached homes and 1.5 percent for Attached homes.
- Pending Sales increased 2.4 percent for Detached homes and 1.2 percent for Attached homes.
- The Median Sales Price was up 21.2 percent to $1,260,000 for Detached homes and 5.0 percent to $737,500 for Attached homes.
- Days on Market decreased 25.0 percent for Detached homes and 19.2 percent for Attached homes.
- Supply increased 11.1 percent for Detached homes and 28.6 percent for Attached homes.
Warmer temperatures appear to have helped bring some sellers back to the market, providing additional options to home shoppers during the spring buying season. Total inventory was up 4.7% month-over-month and 14.4% year-over-year, for a 3.2 months’ supply at the current sales pace, according to NAR. Nevertheless, demand continues to outpace supply and properties are selling quickly, with the typical home spending 33 days on market nationwide, down from 38 days the month before.
The numbers by city:
These #’s are for Single Family Detached homes and do not include Attached Homes, aka condos and townhomes.
DOM = Days on Market
% List Price = Percentage of the original list price that the home sold for.
Carlsbad
| Month | Avg Sold $ | Chg | DOM | Chg | Sold Homes | Chg | Active Listings | Chg | % List Price | YoY Chg |
| 04/24 | $2,039,000 | 4% | 20 | -17% | 171 | 20% | 85 | 8% | 100.5% | 13.7% |
| 03/24 | $1,960,000 | -3% | 24 | -4% | 142 | 21% | 79 | 5% | 100.1% | 18.3% |
| 02/24 | $2,024,000 | 1% | 25 | -14% | 117 | 17% | 75 | -12% | 99.4% | 27.0% |
| 01/24 | $2,005,000 | -0% | 29 | 12% | 100 | -2% | 85 | -6% | 97.7% | 25.5% |
| 12/23 | $2,013,000 | 12% | 26 | -4% | 102 | -20% | 90 | -10% | 96.9% | 24.0% |
| 11/23 | $1,795,000 | 1% | 27 | 23% | 128 | -15% | 100 | 4% | 97.2% | 13.1% |
| 10/23 | $1,778,000 | 1% | 22 | 16% | 151 | -19% | 96 | -5% | 98.3% | 10.2% |
| 09/23 | $1,759,000 | -3% | 19 | 27% | 186 | -3% | 101 | -3% | 98.5% | 3.3% |
| 08/23 | $1,815,000 | -2% | 15 | 7% | 191 | 7% | 104 | 1% | 99.6% | 0.7% |
| 07/23 | $1,861,000 | -3% | 14 | 0% | 179 | 15% | 103 | 6% | 100.0% | 2.2% |
| 06/23 | $1,920,000 | 1% | 14 | -26% | 156 | -3% | 97 | 23% | 100.3% | 3.0% |
| 05/23 | $1,900,000 | 6% | 19 | -17% | 161 | 15% | 79 | 22% | 100.0% | 2.4% |
| 04/23 | $1,793,000 | 8% | 23 | -26% | 140 | 9% | 65 | 5% | 98.4% | -0.8% |
| 03/23 | $1,657,000 | 4% | 31 | 0% | 128 | 35% | 62 | -2% | 96.9% | 0.8% |
| 02/23 | $1,594,000 | -0% | 31 | 11% | 95 | -17% | 63 | -19% | 95.5% | 5.1% |
| 01/23 | $1,598,000 | -2% | 28 | 0% | 114 | -10% | 78 | -21% | 95.9% | 4.1% |
| 12/22 | $1,623,000 | 2% | 28 | -7% | 127 | -19% | 99 | -14% | 94.4% | 4.9% |
| 11/22 | $1,587,000 | -2% | 30 | 0% | 156 | -4% | 115 | -9% | 94.0% | 3.1% |
Encinitas
| Month | Avg Sold $ | Chg | DOM | Chg | Sold Homes | Chg | Active Listings | Chg | % List Price | YoY Chg |
| 04/24 | $2,828,000 | 5% | 22 | -8% | 59 | 26% | 53 | 18% | 100.9% | 9.1% |
| 03/24 | $2,684,000 | -2% | 24 | -33% | 47 | 24% | 45 | 10% | 100.9% | 5.6% |
| 02/24 | $2,750,000 | -2% | 36 | -5% | 38 | -10% | 41 | -7% | 99.0% | 32.4% |
| 01/24 | $2,800,000 | 2% | 38 | 3% | 42 | -14% | 44 | -14% | 95.0% | 38.1% |
| 12/23 | $2,740,000 | -7% | 37 | 16% | 49 | -17% | 51 | -12% | 95.0% | 21.5% |
| 11/23 | $2,932,000 | 9% | 32 | 14% | 59 | -23% | 58 | 21% | 97.0% | 25.1% |
| 10/23 | $2,696,000 | -0% | 28 | 4% | 77 | -3% | 48 | 2% | 98.4% | 7.6% |
| 09/23 | $2,698,000 | 2% | 27 | 29% | 79 | -4% | 47 | -2% | 100.0% | 3.6% |
| 08/23 | $2,640,000 | 3% | 21 | -5% | 82 | 0% | 48 | 7% | 100.0% | -1.1% |
| 07/23 | $2,560,000 | 1% | 22 | 16% | 82 | -1% | 45 | 0% | 99.7% | -3.4% |
| 06/23 | $2,523,000 | 1% | 19 | -21% | 83 | 2% | 45 | 2% | 98.7% | -2.7% |
| 05/23 | $2,496,000 | -4% | 24 | -11% | 81 | 31% | 44 | 13% | 98% | -3.7% |
| 04/23 | $2,592,000 | 2% | 27 | -18% | 62 | 19% | 39 | 3% | 97.1% | 6.4% |
| 03/23 | $2,542,000 | 22% | 33 | -8% | 52 | 0% | 38 | -16% | 94.9% | 17.2% |
| 02/23 | $2,077,000 | 2% | 36 | 13% | 52 | 0% | 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% | 33 | 18% | 61 | -5% | 52 | -5% | 92.5% | 1.3% |
| 11/22 | $2,343,000 | -6% | 28 | -10% | 64 | -7% | 55 | 4% | 93.4% | 3.9% |
Oceanside
| Month | Avg Sold $ | Chg | DOM | Chg | Sold Homes | Chg | Active Listings | Chg | % List Price | YoY Chg |
| 04/24 | $1,053,000 | 2% | 18 | -22% | 212 | 21% | 95 | 3% | 101.1% | 7.0% |
| 03/24 | $1,037,000 | -3% | 23 | -8% | 175 | 4% | 92 | 6% | 100.2% | 12.4% |
| 02/24 | $1,066,000 | -1% | 25 | 14% | 168 | -6% | 87 | -16% | 99.3% | 13.6% |
| 01/24 | $1,074,000 | -1% | 22 | 5% | 178 | -1% | 104 | -12% | 99.0% | 15.1% |
| 12/23 | $1,080,000 | 4% | 21 | 0% | 180 | -5% | 118 | -11% | 99.0% | 15.6% |
| 11/23 | $1,034,000 | 3% | 21 | 5% | 190 | -12% | 132 | 22% | 100.0% | 13.5% |
| 10/23 | $1,000,000 | 1% | 20 | 25% | 217 | -9% | 108 | 6% | 100.4% | 13.0% |
| 09/23 | $995,000 | 2% | 16 | 14% | 239 | -8% | 102 | -7% | 101.4% | 10.0% |
| 08/23 | $971,000 | -0% | 14 | 0% | 259 | 7% | 110 | -1% | 101.5% | 4.9% |
| 07/23 | $974,000 | -2% | 14 | -22% | 243 | 3% | 111 | 10% | 102.1% | -0.6% |
| 06/23 | $997,000 | 1% | 18 | -33% | 236 | 2% | 101 | 6% | 101.1% | 2.6% |
| 05/23 | $988,000 | 0% | 27 | -18% | 232 | 12% | 95 | 17% | 100% | 0.9% |
| 04/23 | $984,000 | 7% | 33 | -11% | 208 | 7% | 81 | -21% | 98.5% | 5.6% |
| 03/23 | $923,000 | -2% | 37 | 9% | 194 | 10% | 103 | -18% | 97.2% | 3.0% |
| 02/23 | $938,000 | 1% | 34 | 0% | 176 | -7% | 125 | -15% | 96.1% | 14.0% |
| 01/23 | $933,000 | -0% | 34 | 17% | 190 | -16% | 147 | -15% | 95.2% | 9.5% |
| 12/22 | $934,000 | 3% | 29 | 4% | 225 | -11% | 173 | -9% | 95.3% | 9.8% |
| 11/22 | $911,000 | 3% | 28 | 12% | 254 | -14% | 190 | -2% | 95.4% | 3.9% |
San Marcos
| Month | Avg Sold $ | Chg | DOM | Chg | Sold Homes | Chg | Active Listings | Chg | % List Price | YoY Chg |
| 04/24 | $1,241,000 | 4% | 16 | -27% | 98 | 29% | 65 | 25% | 101.3% | 11.5% |
| 03/24 | $1,195,000 | 7% | 22 | -12% | 76 | 13% | 52 | 16% | 100.2% | 17.5% |
| 02/24 | $1,113,000 | -2% | 25 | -19% | 67 | -4% | 45 | 0% | 99.5% | 11.7% |
| 01/24 | $1,137,000 | -5% | 31 | 35% | 70 | -22% | 45 | -2% | 98.4% | 17.0% |
| 12/23 | $1,195,000 | -2% | 23 | 15% | 90 | -6% | 46 | -8% | 99.0% | 25.7% |
| 11/23 | $1,219,000 | 2% | 20 | 25% | 96 | -17% | 50 | 19% | 99.4% | 25.2% |
| 10/23 | $1,192,000 | -1% | 16 | -11% | 116 | 6% | 42 | 8% | 100.2% | 21.0% |
| 09/23 | $1,208,000 | 2% | 18 | 0% | 109 | -13% | 39 | 0% | 100.7% | 15.4% |
| 08/23 | $1,185,000 | -0% | 18 | -14% | 125 | 1% | 39 | 5% | 101.1% | 7.9% |
| 07/23 | $1,186,000 | 3% | 21 | 11% | 124 | -6% | 37 | -12% | 100.6% | 3.8% |
| 06/23 | $1,154,000 | 3% | 19 | -5% | 132 | 5% | 42 | 5% | 100.1% | 4.9% |
| 05/23 | $1,123,000 | 1% | 20 | -29% | 126 | 13% | 40 | -9% | 99.3% | 3.4% |
| 04/23 | $1,113,000 | 9% | 28 | -20% | 112 | 8% | 44 | -19% | 98.7% | 5.6% |
| 03/23 | $1,017,000 | 2% | 35 | -3% | 104 | 16% | 54 | -17% | 97.3% | -1.9% |
| 02/23 | $996,000 | 2% | 36 | 24% | 90 | -14% | 65 | -14% | 95.5% | 1.5% |
| 01/23 | $972,000 | 2% | 29 | 7% | 105 | -15% | 76 | -16% | 95.2% | -2.1% |
| 12/22 | $951,000 | -2% | 27 | 8% | 123 | -22% | 90 | -11% | 94.6% | -1.0% |
| 11/22 | $974,000 | -1% | 25 | 9% | 158 | -3% | 101 | -6% | 95.0% | 2.8% |
Vista
| Month | Avg Sold $ | Chg | DOM | Chg | Sold Homes | Chg | Active Listings | Chg | % List Price | YoY Chg |
| 04/24 | $1,011,000 | 2% | 27 | -23% | 145 | 3% | 69 | 13% | 100.0% | 8.1% |
| 03/24 | $994,000 | 3% | 35 | 0% | 141 | 0% | 61 | -2% | 98.5% | 15.2% |
| 02/24 | $968,000 | 1% | 35 | 0% | 141 | 18% | 62 | -18% | 96.8% | 15.9% |
| 01/24 | $955,000 | 2% | 35 | 40% | 120 | -9% | 76 | -17% | 96.4% | 16.5% |
| 12/23 | $937,000 | -3% | 25 | 14% | 132 | 5% | 92 | -9% | 97.6% | 13.2% |
| 11/23 | $964,000 | -1% | 22 | 16% | 126 | -19% | 101 | 11% | 98.9% | 13.2% |
| 10/23 | $970,000 | -2% | 19 | 0% | 156 | -7% | 91 | 23% | 99.4% | 7.0% |
| 09/23 | $994,000 | -0% | 19 | 19% | 167 | -2% | 74 | -12% | 100.8% | 9.2% |
| 08/23 | $998,000 | 2% | 16 | 7% | 170 | 16% | 84 | 2% | 101.4% | 8.7% |
| 07/23 | $982,000 | 2% | 15 | -6% | 147 | 20% | 82 | 6% | 102.1% | 7.6% |
| 06/23 | $964,000 | 3% | 16 | -20% | 123 | -8% | 77 | 38% | 100.2% | 1.6% |
| 05/23 | $936,000 | 0% | 20 | -13% | 134 | 8% | 56 | 10% | 99.3% | -1.0% |
| 04/23 | $935,000 | 8% | 23 | -21% | 124 | -6% | 51 | -16% | 98.7% | 0.9% |
| 03/23 | $863,000 | 3% | 29 | -17% | 132 | 27% | 61 | -10% | 97.5% | -3.7% |
| 02/23 | $835,000 | 2% | 35 | -3% | 104 | -10% | 68 | -22% | 95.3% | -5.5% |
| 01/23 | $820,000 | -1% | 36 | 20% | 116 | -6% | 87 | -19% | 94.2% | -7.2% |
| 12/22 | $828,000 | -3% | 30 | 11% | 124 | -24% | 107 | -18% | 95.3% | -3.6% |
| 11/22 | $851,945 | -6% | 27 | 17% | 163 | -11% | 131 | -11% | 95.9% | 2.2% |