With only 1.6 months of inventory, Oceanside remains a seller's market. Home prices have increased 5.2% in the past month alone. At the current pace, all available homes in Oceanside would sell out in just 1.6 months, indicating a continued supply shortage. Transaction volume is up 32% compared to what's typically expected this time of year. Approximately 35.4% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Oceanside market with the affordability index at 28.0. Based on current market indicators, home prices in Oceanside are projected to decrease by approximately 5.0% over the next month.
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