Friday, April 12, 2024

The Braceland Report – Escondido California Housing Market April 2024


A pretty significant 22% increase in home sales over this time last year.  The median price of a home in Escondido California is continuing to creep up, currently $868,000.00…and that’s an increase of 5.3% over last year.  Current housing inventory stands at only 72 homes for sale.  Market time in Escondido California is down to 12 days, and sale to list price ratio stands at 100%.  Just over 18% of current home sellers here have reduced their sales price.

Things are heating up and looking better for sellers as we move into the spring selling season.  For you home buyers out there, consider looking at those homes with reduced prices.  That’s where the deals are!

 

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