Ocean Beach Real Estate Market Sees Price Cuts Milestone

The Ocean Beach market is starting to look less expensive. In tandem with sales continuing a three-week downward trend, bringing this week's numbers down to five homes sold over the last 30 days, price reductions are also at the highest they've been in three months, with five reported over the same period. In comparison, La Jolla county led all other close-by neighborhoods with 25 price reductions. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. Prices are rising in Ocean Beach, and the median sales price this period increased from $817,250 to $956,500. Even with the higher trending sales, the fact that there are a lower-than-normal three months of inventory to work through indicates that Ocean Beach is still a seller's market.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in Ocean Beach:

$359K   $414K   $679K  

Get started right now by checking out Ocean Beach homes for sale or reviewing Ocean Beach real estate trends.

Demographic facts for Ocean Beach:

  • The average elevation is 148 ft.
  • The median income is $45,176 per household.
  • The student-to-counselor ratio is 732:1. (513:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
San Diego Castles Realty
Coldwell Banker Town & Country
Snapped 2 homes in this area
Sea Coast Exclusive Properties
Snapped 5 homes in this area

Agents that specialize in this area
4 snaps in this area
10 snaps in this area
3 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
26 snaps in this area
5 snaps in this area
4 snaps in this area
4 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.