Encinitas Real Estate

June 21, 2012

Welcome to Encinitas ? one of the most popular surf scenes in the country! This coastal beach city features some of the best surfing as well as an active community that is friendly and very involved in all that Encinitas has to offer.??? Encinitas is truly a Southern California beach town.? With a population of just over 59,000 and an estimated median household income of about $80,000, Encinitas features some of the best property in the area.

Four school districts serve the Encinitas area and include 13 elementary schools, five middle schools and four high schools.? In terms of higher learning the San Elijo Campus of Mira Costa College and Watts Atelier School for the Arts is located in Encinitas.

Neighborhood Highlights of Encinitas

Encinitas was incorporated in 1986 by combining the communities of Old Encinitas, New Encinitas (Village Park), Cardiff-by-the-Sea, Leucadia, and Olivenhain.? The city covers about 20 square miles and includes about six miles of coastline. In terms of real estate, there is definitely something for everyone.

There are many neighborhoods located throughout each of the five sections of Encinitas some of which include a mix of attached and detached homes.? Single-family homes start in the mid-$400s in areas like Encinitas Estates, Cambria and communities in Village Park. Somewhat higher list prices can be found in neighborhoods such as Cantebria, Encinitas Ranch and Pacific Ranch where homes start in the low to mid-$700s and climb from there.? The most affluent communities in Encinitas are considered to be Maravu, the Beacons of Leucadia (new enclave of homes near the beach) and Sandalwood where homes start in the mid-$900s and climb to well over $1 million.? Of course, for estate size homes several of the neighborhoods, list prices run well into the millions as with most similar property in Southern California.

Condominium and townhome communities are abundant in Encinitas and provide an opportunity for first time buyers, buyers seeking second or vacation homes, and investors of rental property to be part of the Encinitas community.? Condominium home start as low as the low to upper-$200s in communities well east of I-5 like High Country Villas and Pacific Pines.? For buyers who have a desire to be closer to the coast, Casitas Del Mar Pacifica and Encinitas Village offer condominium homes starting the mid to upper-$400s.? Townhome communities like Village Park townhomes and the Sand Dollar feature homes starting in the upper-$200s.? Other townhome communities like Leucadia Village have homes starting in the mid-$500s and Seabluffe which are priced from the mid-$800s to over $1 million.? For the hip crowd who wants to be in the center of the action, Pacific Station is comprised of gorgeous condominiums which are situated above retailers in downtown Encinitas and start in the mid-$600s.

The Necessary Information

The most recent information shows that median sale prices for single family homes and condominiums are at about $920K and $340K, respectively. The market is beginning to show signs of rebounding especially with single-family homes.? The total number of monthly sales has increased over the past year with attached and detached homes as have the number of pending properties.? As for the number of days on the market, single-family homes sell within about two months while condominiums and townhomes take a bit longer at about 115 days.

What to Think

Encinitas is beginning to turn around.? This market has something for everyone in terms of real estate.? From condominiums and townhomes for first time buyers to larger homes for those wanting to move up in size or location and those seeking a second or vacation home, the right house can be found in Encinitas at an affordable price.? This is definitely a great place to live!

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