Encinitas Real Estate

Detached homes in North County decreased 5.01 percent in January 2013 to $465,000 
compared to $489,500 in December 2012. Year-over median price in North San Diego 
County increased 16.25 percent compared to $400,000 reported in January 2012. Year-over median price has increased six straight months, with the last five months exceeding 10 percent.

Information taken from HomeDex™ Copyright © 2012 by the North San Diego County Association of Realtors (NSDCAR). Used by permission.

Encinitas - currently has 72 single family detached homes active on the market with only 4 homes of those homes under $700,000.
Encinitas saw 23 homes sell in January with an average sales price of $1,170,152
Average market time is currently 78 days.

Carlsbad - Currently has 147 single family detached homes active on the market. 
Carlsbad had 73 home sell last month with an average sales price of $735,696.
Average market time is 54 days.

Interest rates remain at all time record lows. However a one-point increase can raise your monthly mortgage payment. 
Based on a $600,000 loan balance, if interest rates were to go up by one percent, that would be the difference between a $2,864 monthly payment or a $3,220 a month payment. 

Cheers,

James Baxter

Encinitas Realtor

Encinitas Real Estate

Encinitas Homes for Sale

all information is deemed reliable but is not guaranteed