Encinitas, CA Real Estate Listings & Homes for Sale

In December 2024, Encinitas experienced a significant 40.4% increase in home prices compared to the previous year, with a median selling price of $2.0M. Homes in the area typically sold after 40 days on the market, slightly longer than the 35-day average seen the year before, suggesting a modest cooling in the pace of transactions despite the sharp rise in prices. Notably, the number of homes sold climbed from 26 in December 2023 to 33 in December 2024, highlighting sustained buyer interest and activity in this sought-after market. This combination of rising prices and increased sales volume underscores Encinitas' strong demand, driven by its desirable coastal location and robust local amenities.

Encinitas remains a somewhat competitive market, with homes typically selling in about 39 days. While most homes sell for approximately 2% below the list price, some attract multiple offers, particularly hot properties, which can sell for about 1% above the asking price and go pending in as little as 12 days. This dynamic reflects a mix of steady demand and selective buyer enthusiasm for standout listings in this desirable area.

In December 2024, Encinitas, CA, was a seller's market, characterized by a higher number of buyers than available homes for sale. This imbalance highlights the strong demand for properties in the area, giving sellers a competitive edge and driving up prices in this desirable coastal community.