$9,619 Closing Credit*
$810,000
1,611 SqFt
3 Beds
•2 Full Baths
Kambiz Marashi, Listing Office: Mara Real Estate
Is Central Escondido, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Central Escondido has remained a Seller's Market.
Key Takeaway
Central Escondido is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Escondido, CA
How much do homes in Central Escondido, CA cost?
Median Sold Price
$691,500
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$71,500(+11.5%)
Key Takeaway
Homes in Central Escondido have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Central Escondido was $691,500 in November 2024, up 11.5% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $348.5K | -7.1% |
| 2 Bedrooms | $497K | $533K | +7.2% |
| 3 Bedrooms | $675K | $740K | +9.6% |
| 4 Bedrooms | $800K | $895K | +11.9% |
| 5+ Bedrooms | $880K | $972.5K | +10.5% |
Summary: Central Escondido housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Neighborhoods
| North Broadway | $707K | $811.2K | +14.7% |
| Central Escondido | $620K | $691.5K | +11.5% |
| Midway | $673.5K | $750K | +11.4% |
Housing Supply in Central Escondido, CA
How many homes are available in Central Escondido, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 65 | -1.5% |
Summary: The Central Escondido real estate market had 65 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 30 | 29 | -3.3% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Central Escondido housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Escondido, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Central Escondido in November 2024, down by 5.9% month-over-month. Of the 16 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.
Days on Market for Central Escondido, CA
How long does it take to sell a home in Central Escondido, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 49 Days | +296.9% |
Summary: Homes in Central Escondido had an average of 49 days on market in Nov 2024, up by 296.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Central Escondido has remained consistent over time.
Summary: During November 2024, 16 homes were sold in Central Escondido; 25% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.