Escondido, California is located about 14 miles inland from Carlsbad and adjacent to San Marcos, just west of the I-15 freeway running north and south, given Escondido easy access to San Diego and points north in Riverside County, including Temecula and its famed wine country.
Escondido Community Profile (a lengthy detailed summary of Escondido)
Just a few tidbits to get you started:
- One of the oldest cities in San Diego County, founded in 1888, covering an area of about 36 square miles with 3 lakes
- The population is around 140,000, of which approximately 51% are Caucasian per the 2000 census
- The economy is diverse, based on agriculture, tourism, retail, services, light industry, and high technology
- The climate is mild, but warmer than you will find along the coastline in Carlsbad; average high temperatures range from 68 to 87 degrees
- Residents in Escondido attend a variety of schools in the Escondido Union School District - there are 7 high schools, 19 elementary schools and 5 middle schools
- Escondido is home to the San Diego Wild Life Park - a fabulous zoo to visit in a setting more open and very different from the San Diego Zoo
Escondido occupies a valley surrounded by residential areas on hills on three sides.
The community has a fairly significant downtown area with a very broad range of services and shopping (including large stores like Lowes to small clothing, antique, furniture and jewelry retailers), casual dining to more upscale (especially in the growing area along Grand Avenue), a major hospital - Palomar Medical Center, and the very popular, well known, and impressive California Center for the Arts which includes a museum and a concert hall.
Escondido is also home to the Downtown Fashion Week celebration. This year will be the second year of this event focused on fashion, with a multitude of fun activities including The Stiletto Walk to benefit ovarian cancer.
Housing in Escondido crosses many lines, from million-dollar hillside homes to trailer parks, from contemporary condos to apartments, to vintage bungalows to Spanish style tract homes, from equestrian farms to hillside hide-a-ways...pretty much anything you can imagine, and cutting across a broad budget. Overall housing is significantly less than you will find along the coast 20 - 30 minutes away.
There are currently 592 detached Escondido homes for sale as of this writing, ranging from $74,900 (for a 2 bedroom 2 bath 616 SF home) to a fabulous 11,500 SF home with 6 bedrooms and 6 baths (plus 2 half baths) for $5.35 million.
The more exclusive areas include the rural Elfin Forest area, Lake Hodges, Harmony Grove and Eden Valley. There are also charming bungalow and small vintage homes along tree-lined streets close to the downtown area for under $350,000.
The average price of an Escondido detached home sold thus far in 2009 is $291,094, down 50% from the peak average for 2006 of $582,744.
There are 151 attached Escondido homes for sale (condos, townhomes) at the current time. With prices that have dropped significantly in the last several years you can find a good number of 1 and 1 bedroom condos for under $100,000. Current pricing for attached homes ranges from $50,000 (that, for a 2 bedroom 2 bath condo) up to $455,000 for a 3 bedroom 2.5 bath new construction condo with 1772 SF of living space.
The average price of an attached home sold thus far in 2009 is $114,742 (55 days on market, selling at 95% of asking price). This represents a 64% drop in average price since 2005 (YTD average was $318,312) and a dramatic increase in affordability.
Escondido is home to a diverse population and diverse economy about 25-30 minutes from the beaches, with housing that has become significantly more affordable than along the coast. If living in an inland community away from the marine layer, coastal fog and cooler temperatures of the coastal communities appeals to you, why not check our the Escondido real estate market.
For a complete list of Escondido homes that meet your criteria, please let me know.
If I can provide more information about Escondido, Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits