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Wednesday, March 25, 2015

Pick City: Escondido

Escondido - Week of March 22nd, 2015

Single Family Homes




This Week

The median list price in ESCONDIDO, CA this week is $517,450. The 408 properties have been on the market for an average of 87 days.

With inventory trending up but dayson-market trending down and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.



Median Price



The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

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Data Provided by and Copyright Altos Research LLC

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