Escondido Real Estate Market Statistics

Median List Price of Escondido Homes

The median list price of Escondido real estate,  CA this week is $375,000.  The 694 Escondido properties have been on the market for an average of 127 days. With Escondido housing inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook.

Supply and Demand of Escondido Inventory

The Escondido real estate market has shown some evidence of slowing recently. Both prices and Escondido inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
 
 

 

Market Action Index for Escondido Homes

The Market Action Index answers the question “How’s the Market?” by measuring
the current rate of sale versus the amount of the inventory. Index above 30
implies a seller’s advantage. Below 30, conditions give the advantage to the
buyer. The current Escondido housing Market Action Index is 17.1. That is a strong Escondido home buyers’ market. Therefore, it is a good time to be buying Escondido homes. Click here to see current listings of Escondido homes for sale. For more information about Escondido properties,  contact Gary Harmon, your top Escondido Realtor.

Carlsbad homes market statistics for November 2010 were furnished courtesy of Pickford Escrow, one of Gary’s winning team members. Statistics were compliled by Altos Research. For full Altos Research report, click here.