Carlsbad Real Estate News and Views: California: Escondido

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What’s my Escondido Home Worth? Escondido Homes Sales in January 2019

What’s the Value of my Escondido Home?

Escondido Real Estate Market in January 2019

 

California Center for the Arts in EscondidoEscondido is an inland community, about 17 miles from the beaches and just east of San Marcos.

 

It’s important for buyers and sellers in the Escondido housing market to understand recent trends and current local market conditions in order to make informed decisions about buying and selling Escondido homes for sale.

 

READ MORE:

A Tour of Escondido – A Diverse Inland San Diego Community

 

The following data are taken from the San Diego MLS (private sales are not included in these statistics, nor are multifamily properties, or mobile and manufactured homes). The data are believed to be reliable at the time this report was written but are not guaranteed.

 

A total of 100 homes sold in January, a decrease of 10% from December. Here’s the breakdown of activity.

 

Detached Homes Sold
86 (down 9%), 44 Days on Market, Ave. Sales Price $565,829 (down 3%), Ave. sale 96% of asking price

Attached Homes (condos, town homes) Sold
14 (down 18%), 35 Days on Market, Ave. Sales Price $361,964 (up 17%), Ave. sale 97% of asking price

 

Home sales dropped from last month for detached single family homes, and even more so for attached homes. Average sale prices decreased slightly for detached homes, but increased for attached homes.

 

Buyers were able to negotiate an average of 3 - 4% off their sales prices; however, 25% of the buyers ended up paying full price or more. 9% of the Escondido home buyers paid cash. Marketing time decreased for both attached (condos, town homes) and detached single family homes but remains at over 1 month.

 

The MEDIAN price of the detached homes sold was $513,555 (down 4%), with $350,500 (up 24%) for attached homes compared to last month.

 

Escondido home

 

There were 9 Escondido homes on the market with a Contingent status (i.e., in most cases these are short sale or REO homes that have offers being considered by lenders), the same as last month; some of these are first right of refusals, others are short sales. These are included in the statistics below.

 

At the end of January there were 348 homes for sale in Escondido, a good increase by 10% from last month. This represents an inventory of 2.7 months for attached properties (up from 2.3 months last month), and 2.9 months for detached homes (up from 2.5 months last month), based on the current rate of sales over the last 3 months. Escondido remains a very strong seller’s market.

 

In January 228 homes came on the market, more than double the number of new listings in December. The number of homes going pending (115), excluding homes that closed, shifted up slightly by 2% from December pendings.

 

I am happy to provide more information about current real estate activity in the Escondido real estate market, specific zip codes, and neighborhoods, and answer any questions that you may have about current market conditions, as well as to assist you with the purchase OR sale of a home in Escondido.

 

Please contact me at (760) 840-1360 so we can find the best time to get together to discuss your needs and budget, and plan a strategy for you to buy or sell a home in Escondido!

 

SEARCH FOR ESCONDIDO HOMES FOR SALE

 

READ MORE:

What’s my Escondido Home Worth? Escondido Real Estate in December 2018

 

My Jeff Dowler signature

 

**************************************

 CHECK OUT THESE USEFUL REAL ESTATE & COMMUNITY LINKS BELOW

 

Click to Search for All San Diego Homes

At Home In Carlsbad blog

 

365 Things to Do in Carlsbad (and Nearby) on Facebook   

Jeff Dowler's Flickr Profile  Jeff Dowler's Facebook Profile   Jeff Dowler's YouTube Profile    Jeff Dowler's Twitter Profile   Jeff Dowler's LinkedIn Profile

 

      CRS Designation Logo

 

ALL ABOUT THE SOUTHERN CALIFORNIA RELOCATION DUDE (link)

 

If I can provide more information about homes for sale in Carlsbad and in surrounding areas, our local housing market, or otherwise assist you, friends or family in a home search or home sale, please contact my mobile office or text me at (760) 840-1360, or feel free to email me at JeffDowlerSolutions@gmail.com

Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and San Diego

All content ©Copyright by Jeff Dowler. All rights reserved.

Solutions Real Estate (CA DRE lic. 01470977)

Comment balloon 4 commentsJeff Dowler, CRS • February 21 2019 04:00PM
What’s my Escondido Home Worth? Escondido Homes Sales in January 2019
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in January 2019 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing… more
What’s my Escondido Home Worth? Escondido Home Sales in December 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in December 2018 Escondido is an inland community, about 22 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing… more
What’s my Escondido Home Worth? Escondido Home Sales in November 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in November 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing… more
What’s my Escondido Home Worth? Escondido Home Sales in October 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in October 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing… more
What’s my Escondido Home Worth? Escondido Home Sales in September 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in September 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing… more
What’s my Escondido Home Worth? Escondido Home Sales in August 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in August 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing… more
What’s my Escondido Home Worth? Escondido Home Sales for July 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in July 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing market… more
What’s my Escondido Home Worth? Escondido Home Sales in June 2018
share
What’s my Escondido Home Worth? Escondido Real Estate Market in June 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing market to… more
What’s my Escondido Home Worth? Escondido Home Sales for May 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in May 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. It’s important for buyers and sellers in the Escondido housing market… more
What’s my Escondido Home Worth? Escondido Home Sales for April 2018
share
What’s the Value of my Escondido Home? Escondido Real Estate Market in April 2018 Escondido is an inland community, about 17 miles from the beaches and just east of San Marcos. Interestingly, one of the most expensive properties in the county is… more