Auction Prices for Oceanside Terraces

Share

I’ve had numerous calls and emails from people wanting to know the results for the auction of 29 units at the Oceanside Terraces.  We were there and tracked the results of each one.  It is the buzz in Oceanside real estate circles, and more than a few existing owners at this Oceanside luxury condo project are worrying about their own values.

As Oceanside Realtors, we will also be closely watching what happens to appraisals at North Coast Village, the San Miguel condos, Marina Towers, Sea Cliff and other downtown and beach condo developments in Oceanside.

Here are the results of yesterday afternoon’s auction, conducted by Accelerated Marketing Partners at the Carlsbad Sheraton:

302 (interior unit)     2191 sf Minimum Bid:    $355,000 Sales  Price: $431,000

303 (NE Corner)       1737                                          $355,000                            $420,000

304 (N central)          1986                                         $295,000                            $405,000

310 (S ocean view)    1765                                          $295,000                            $420,000

311 (SE Corner)         1947                                          $295,000                            $426,000

401 (interior unit)    2191                                           $355,000                             $409,000

402 (NE Corner)      1737                                           $355,000                             $476,000

403 (N central)        1986                                           $335,000                             $409,000

404 (NW corner)     1999                                           $475,000                             $665,000

405 (W facing)         2000                                          $445,000                             $515,000

406 (W facing)         1909                                           $445,000                             $516,000

407 (W facing)         2087                                           $445,000                             $526,000

408 (SW corner)     1936                                            $475,000                             $575,000

409 (S central)        1765                                            $335,000                              $467,000

410 (SE corner)      1947                                            $375,000                               $517,000

501 (interior unit)  2191                                            $395,000                               $412,000

502 (NE corner)     1737                                            $395,000                               $497,000

503 (N central)       1836                                           $355,000                               $415,000

505  (W facing)       1949                                           $525,000                               $557,000

506  (W facing)       1853                                           $525,000                               $575,000

508 (SW corner)    1936                                            $575,000                               $645,000

509 (S central)       1765                                             $415,000                               $531,000

510 (SE corner)      1947                                            $425,000                               $560,000

601 (interior unit)  2191                                            $445,000                               $466,000

602 (NE corner)     1737                                            $445,000                               $537,000

604 (NW corner)   1874                                            $595,000                               $696,000

605 (W facing)      1849                                             $595,000                               $652,000

606 (W facing)      2500                                            $625,000                               $781,000

608 (SE corner)    2563                                             $625,000                               $757,000