Roxy & Stacey's Market Report
Escondido, CA 92027
Single-Family Homes
Roxy Kelemen sendroxymail@gmail.com | Stacey Angstead staceyangstead@gmail.com
Escondido, CA 92027
Mon May 06 2024
This week the median list price for Escondido, CA 92027 is $998,997 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has increased to 26.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $998,997 | |
| Median Price of New Listings | $923,950 | |
| Per Square Foot | $461 | |
| Average Days on Market | 34 | |
| Median Days on Market | 18 | |
| Price Decreased | 15% | |
| Price Increased | 4% | |
| Relisted | 4% | |
| Inventory | 26 | |
| Median Rent | ||
| Market Action | 67 | |
| Strong Seller's Market | ||
You can see that prices in this zip code have been upward in the last few weeks and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,535,000 | 3,495 | 5 - 10 acres | 5 | 3.8 | 21 | 0 | 0 | 31 |
| $1,154,500 | 2,676 | 0.25 - 0.5 acre | 5 | 3 | 22 | 1 | 1 | 7 |
| $875,000 | 2,106 | 0.25 - 0.5 acre | 4 | 2.5 | 47 | 3 | 2 | 14 |
| $749,000 | 1,437 | 8,000 - 10,000 sqft | 3 | 2 | 39 | 2 | 2 | 7 |