For the first week of July, this is how the market looked in the Escondido homes area. See the bottom of the page and below the table for details on Escondido homes for sale and Escondido home inventory.
This Week in Escondido Real Estate
The median list price of Escondido real estate this week is $425,000. There are 668 Escondido homes for sale and the Escondido properties have been on the market for an average of 110 days. Inventory of Escondido homes and days on the market are both climbing. These trends imply a weakening in the market of Escondido homes for sale.
Supply and Demand of Escondido Homes
In terms of demand and supply, the Escondido homes market is getting cooler. There is more homes coming on the market relative to the sales demand for Escondido homes. In recent weeks, however, prices have been moving up somewhat. This trend may be a result of improved quality of the homes being listed. That is, the Escondido homes being listed may be larger and newer.
These Escondido homes for sale market conditions are brought to you by Altos Research and Pickford Escrow, one of Gary Harmon’s winning team members. For more information on Escondido homes for sale, contact Gary Harmon, your top Escondido Realtor.
