Aug 28 2012

ESCONDIDO, CA REAL ESTATE NEWS & MONTHLY HOUSING MARKET UPDATE

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ESCONDIDO, CA REAL ESTATE NEWS & MONTHLY HOUSING MARKET UPDATE

Posted by Kelly Crews on Tuesday, August 28 2012 at 3 pm.

Check out any of the 212 detached single family homes in Escondido, California for sale today on the Multiple Listing Service at NorthCountyDwellings.com. Your specificity with a desired zip code, price point, and bedroom and bathroom count will help limit your results allowing you to focus your attention on the most appealing properties for you.

Overall sellers are experiencing a medium “days on the market” near 25 days in Escondido, California. Twenty-two new listings are added each week with 76 new single family homes listed in the last 30 day period.

Overall the market is experiencing an increase in regular sales through real estate professionals while bank owned and short sale properties decrease. New building permits in the area have improved with new home sales now contributing to the overall sales data for the area.

You can expect this positive news to bring more buyers and sellers to the market as prices stabilize and market conditions improve with the benefit of historically low interest rates.

An average home with 3 bedroom, and 2 bathrooms has a current value from $118.72 to $183.47 per square foot. These prices are dependent upon the condition and amenities of the home. General appeal is a contributing factor determined by location, neighborhood, schools and walkability.

Year to date there have been 1626 recorded single family sales in the six zip codes (92025, 92026, 92027, 92029, 92030, 92033) for Escondido, California from August 28 of 2011 to 2012.

For more information contact Kelly Crews (760) 670.7062