It's been a very busy year for the condo located at the North Coast Village complex in Oceanside, California. In 2021, there have been a total of 37 condos that have closed escrow while the previous year of 2020 we saw 41 condo sales according to our multiple listing service. The lowest recorded sale occurred in March of this year when a 1 bedroom condo with approximately 760 square foot sold for $500,000. The most expensive sale thus far was a two bedroom ocean front condo that sold for $1,590,000 which closed escrow on 7/29/21.
Our company represented several buyers this year at North Coast Village and there seemed to be one consistent theme for many buyers who are looking in this complex for investment purposes. One thing to keep in mind is that North Coast Village is a very popular place for vacation rentals and there is some potential good rental income to be made here, especially during the summer months. Some properties are generating some surprising returns which makes it very attractive for those looking for investment properties. Many buyers also love the beach front location even though not all condos located here are located on the ocean nor offer an ocean view the close proximity to the beach is the big selling feature. Condos have been selling very quickly this year with many condos selling under one week. The below chart shows all of the sales from this year as well as many from 2020 complete with the days on the market to understand the prices and selling times. For those who would like to get a free market evaluation of their North Coast Village condo please contact us direct at 760-710-2856.
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Listing information last updated on August 12th, 2022 at 6:04pm CDT.