Realty Times - Escondido, California Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > California > Escondido

Market Conditions Summary for Escondido, California

Reported by

Dave Harlan
as of 7/11/2009:

"Without a sense of urgency desire loses its value." Inventories in Escondido are lower and money is tighter. Qualified shoppers face long escrows common with short sales or heavy competition on bargain priced REO's. So where's the urgency? It's the... MORE->
About Dave Harlan

Reported by

Cristine Clark
as of 7/5/2009:

More foreclosures are expected to hit the market next month, just as the inventory has started to really thin out. You may not see many homes on the market today--but in a month we expect an incredible increase in homes available to purchase.... MORE->
About Cristine Clark

Reported by

Sam Blank, Ed.D.
as of 7/1/2009:

Some areas have seen an increase in sales while prices are still very attractive and interest rates are low. There is a lot of interest and activity related to foreclosure and short sale properties. To see homes for sale in San Diego County, go to... MORE->
About Sam Blank, Ed.D.

Reported by

Deborah Danko
as of 6/21/2009:

Market statistics for Escondido: Over the last 30 days, we saw 164 homes sold with an average selling price of $290,000 (Average prices at this time in 2008 were $395,000, and $606,000 in 2007). You all know, this change is due primarily to sales of... MORE->
About Deborah Danko

Reported by

Paul Miller
as of 3/27/2009:

We now appear to be in a strong Up leg of a turnaround in the real estate market. Sales have dramatically picked up along with the competition. Deals are still abundant; however, because of the increased competition, it's taking longer for buyers to... MORE->
About Paul Miller

Average Current Market Rating: 1.8 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.6 (5 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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