In November 2024, Encinitas saw a significant 28.7% increase in home prices compared to the previous year, with the median sale price reaching $2.1 million. While prices climbed, homes took slightly longer to sell, averaging 35 days on the market compared to 27 days in November 2023. Despite this modest slowdown in sales pace, activity remained robust, with 42 homes sold this November, up from 32 last year. This strong year-over-year growth reflects continued demand for Encinitas' desirable coastal lifestyle, where luxury properties, scenic views, and quality of life remain key drivers of the market's appeal. The rising prices and increased transaction volume highlight buyer confidence and the neighborhood's enduring popularity in the competitive Southern California market.

The Encinitas housing market is moderately competitive, with homes typically selling in around 34.5 days. On average, properties sell for about 2% below the list price and go pending within 35 days. However, "hot homes"—those that generate strong interest—can sell for approximately 1% above the asking price and go pending in as little as 12 days. This dynamic reflects a steady demand for homes in Encinitas, particularly well-priced properties, as buyers seek out the area's coveted coastal lifestyle and high quality of life.

In November 2024, Encinitas, CA, remains a seller's market, indicating that buyer demand continues to outpace the available housing inventory. This competitive environment gives sellers the advantage, as limited supply often leads to quicker sales and stronger offers. For buyers, acting decisively and being well-prepared is essential to secure a property in this highly sought-after coastal community.