Houses For Sale – Homes For Sale Escondido, CA
Here is a quick peek and the current real estate trends for houses for sale in Escondido, CA. As of Monday March 26, 2012, the median list price for homes for sale in Escondido, CA is $315,000. 485 properties have been on the market for an average of 140 days.
Below is a snapshot of the real time market profile for the current week of March 2012.
Inventory of houses for sale in Escondido, CA is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices in Escondido, CA for this past week. Through the past 45 days, the market has shown some evidence of slowing. Both prices and inventory levels of houses for sale in Escondido, CA are relatively unchanged in recent weeks.
Below is a snapshot of the Characteristics per Quartile. This is broken down into 4 categories. Top/First, Upper/Second, Lower/Third, and Bottom/Fourth. The Top/First represents the most expensive 25% of properties and the Bottom/Fourth represents the least expensive 25% of homes for sale in Escondido, CA.
Below you’ll find a picture of the Median Price of houses for sale in Escondido, CA. Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
The Price per Square Foot image below shows the market plateau seen across the price and value for houses for sale in Escondido, CA. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Below you’ll find the infamous Market Action Index image. The graph is showing a strong Buyer’s Advantage zone below 30. The 90-day Market Action Index stands at 22.04. With several months of inventory of homes for sale in Escondido, CA, that are available at the current sales rate, buyers should find ample choice in their selection.
Below, you’ll see an image of the data reflecting houses for sale in Escondido, CA that are in the active status. As you can see, the search criteria represents single family detached homes between $100K and $300K, and between 3 and 4 bedrooms, and having a minimum of 2 baths.
The final image reflects all of the “sold” homes for sale in Escondido, CA. The same criteria was used in this sample size as in the one above in order to compare apples with apples.
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