New Townhomes in Leucadia Area Sells Out
The only new townhome community in Encinitas, Cabanas at Coral Cove recently sold out. Credit the success to the builder for having new homes on the market at price points that are almost impossible to find that close to the coast. Currently there are a number of other townhome communities in the area that are nearing sellout including Magnolia and SeaGlass in San Marcos where they are now selling the furnished models. Also Voscana in the La Costa area now has only one new townhome remaining for sale. With the absorption of these new townhomes taking place with little known new townhomes in the pipeline, I would project that the demand for existing townhomes and condos in Encinitas will increase. Could be a good time to consider selling as the new year approaches.