Escondido, CA 92029

Your Local Market Report

Escondido, CA 92029

Single-Family Homes

Tue Oct 22 2024
This week the median list price for Escondido, CA 92029 is $1,450,000 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has decreased to 37. Click here to stay informed with the Escondido market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Median List Price		$1,450,000
Median Price of New Listings		$1,754,500
Per Square Foot		$553
Average Days on Market		64
Median Days on Market		56
Price Decreased		38%
Price Increased		8%
Relisted		24%
Inventory		37
Median Rent
Market Action		44
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$2,274,000	3,710	1 - 2.5 acres	4	4	32	1	1	112
$1,710,000	3,183	0.5 - 1 acre	5	3.5	35	4	1	49
$1,199,000	2,070	0.25 - 0.5 acre	4	2.5	35	1	2	56
$940,000	1,935	0.25 - 0.5 acre	4	2	38	2	1	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$2,274,000	3,710	1 - 2.5 acres	4	4	32	1	1	112
$1,710,000	3,183	0.5 - 1 acre	5	3.5	35	4	1	49
$1,199,000	2,070	0.25 - 0.5 acre	4	2.5	35	1	2	56
$940,000	1,935	0.25 - 0.5 acre	4	2	38	2	1	42

Median Price	Top $2,274,000	Upper $1,710,000	Lower $1,199,000	Bottom $940,000
Sq. Ft.	3,710	3,183	2,070	1,935
Lot Size	1 - 2.5 acres	0.5 - 1 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	4	5	4	4
Baths	4	3.5	2.5	2
Age	32	35	35	38
New	1	4	1	2
Absorbed	1	1	2	1
DOM	112	49	56	42

Your Local Market Report