Encinitas, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Encinitas Neighborhoods Since 2000




Encinitas, CA Real Estate Data


Encinitas Housing Market Information

With 62,930 people, 23,208 houses or apartments, and a median cost of homes of $1,027,754, Encinitas house prices are not only among the most expensive in California, Encinitas real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Encinitas, accounting for 57.93% of the city's housing units. Other types of housing that are prevalent in Encinitas include row houses and other attached homes ( 19.40%), large apartment complexes or high rise apartments ( 12.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.31%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Encinitas. Owner-occupied housing accounts for 65.04% of Encinitas's homes, and 54.42% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Encinitas built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Encinitas built between 1940-1969 ( 22.04%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.35%). There's also some housing in Encinitas built before 1939 ( 2.49%).

Encinitas Home Appreciation Rates

Appreciation rates for homes in Encinitas have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 16.19%, which ranks in the top 30% nationwide. This equates to an annual average Encinitas house appreciation rate of 1.51%.

Appreciation rates are so strong in Encinitas that despite a nationwide downturn in the housing market, Encinitas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Encinitas appreciation rates continue to be some of the highest in America, at 7.17%, which is higher than appreciation rates in 86.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Encinitas. Encinitas appreciation rates in the latest quarter were at 1.81%, which equates to an annual appreciation rate of 7.42%.

Relative to California, our data show that Encinitas's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Encinitas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Encinitas - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Encinitas real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,027,754

Encinitas, CA HOME PRICES

Value Range
> $1,352,000 24.0
$1,014,001 - $1,352,000 20.5
$676,001 - $1,014,000 31.3
$541,001 - $676,000 8.2
$406,001 - $541,000 7.1
$270,001 - $406,000 2.9
$135,001 - $270,000 1.3
$68,001 - $135,000 2.4
$0 - $68,000 2.3

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.10675177138842 11.6248348745046

Number Of Homes And Apartments:
23,208

Rent & Ownership

 

Average Market Rent:
$2,452 / per month

Homeownership Rate

Homeownership
Owners 65.04
Renters 34.96
Vacant 7.64

Housing Market Details

 

Age of Homes

AGE OF Encinitas HOMES
2000 or Newer 10.4
1970 - 1999 65.1
1940 - 1969 22.0
1939 or Older 2.5

Types of Homes

TYPE OF Encinitas HOMES
Single-Family 57.9
Townhomes 19.4
Small Apt. Buildings 7.3
Apt. Complexes 12.5
Mobile Homes 2.7
Other 0.2

Home Size

SIZE OF Encinitas HOMES
No Bedroom 2.16
1 Bedroom 9.61
2 Bedrooms 26.84
3 Bedrooms 32.99
4 Bedrooms 21.44
5 or more bedrooms 6.96

Encinitas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
129.97% 5.02% 10 10
* 10 is highest