This Week
Real-Time Market Profile Trend
Median List Price $ 429,000 ==
Asking Price Per Square Foot $ 189 ±+
The median list price in ESCONDIDO, CA this week is $429,000. Average Days on Market (DOM) 141 ≠≠
Percent of Properties with Price Decrease 21 %
Percent Relisted (reset DOM) 7%
The Market Action Index has been trending down recently, but as
days-on-market decreases also, there are not strong signals for the Percent Flip (price increased) 4%
direction of the market. Median House Size (sq ft) 2154
Median Lot Size 0.50 - 1.0 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 2.5
In terms of supply and demand, the market is getting cooler - more ±+ No change == Strong upward trend ≠≠ Strong downward trend
supply is coming on the market relative to the sales demand.
However, in recent weeks prices have been moving higher. Since it is = Slight upward trend ≠ Slight downward trend
technically a Buyer's market, this price trend may be a result of
improved quality (newer, larger homes) of the homes being listed.
Look at the descriptive statistics where you may notice the homes
being listed are larger and younger than they have been in the past. Price
Market Action Index This week saw relatively little price change from last week.
However, prices continue demonstrate a nice up trend in general
over the last several weeks.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.50 - 1.0
Upper/Second $ 510,000 2560 acre 4.0 2.5 20 129 8 6 133 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 349,000 1843 acre 3.0 2.5 30 129 15 9 132 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 223,000 1407 8,000 sqft 3.0 2.0 39 129 8 14 117 Least expensive 25% of properties
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