Escondido Annual Real Estate Market Trends

Escondido
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $217,317 $182,500 1,751 57 97.1%      
1999 $234,615 $198,000 1,803 51 97.4% 8.0% 8.5% 3.0%
2000 $278,147 $234,950 1,790 45 97.0% 18.6% 18.7% -0.7%
2001 $301,895 $260,000 1,671 46 97.2% 8.5% 10.7% -6.6%
2002 $352,382 $310,000 1,822 44 97.2% 16.7% 19.2% 9.0%
2003 $383,492 $350,000 2,127 45 97.5% 8.8% 12.9% 16.7%
2004 $489,633 $450,000 2,231 37 97.5% 27.7% 28.6% 4.9%
2005 $534,217 $500,000 1,980 52 97.2% 9.1% 11.1% -11.3%
2006 $540,401 $506,000 1,463 66 96.6% 1.2% 1.2% -26.1%
2007 $502,460 $465,000 1,019 77 95.8% -7.0% -8.1% -30.3%
2008 $357,716 $319,000 1,569 78 97.4% -28.8% -31.4% 54.0%
2009 $308,385 $265,000 1,825 74 99.9% -13.8% -16.9% 16.3%

Escondido
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $103,251 $100,050 262 60 97.7%      
1999 $109,493 $112,000 363 40 99.1% 6.0% 11.9% 38.5%
2000 $125,040 $126,000 431 27 99.1% 14.2% 12.5% 18.7%
2001 $152,811 $153,000 391 32 98.7% 22.2% 21.4% -9.3%
2002 $178,625 $175,000 394 26 98.8% 16.9% 14.4% 0.8%
2003 $213,456 $210,000 553 36 98.8% 19.5% 20.0% 40.4%
2004 $277,293 $268,000 505 26 98.9% 29.9% 27.6% -8.7%
2005 $318,993 $313,500 420 50 98.2% 15.0% 17.0% -16.8%
2006 $310,191 $314,500 368 78 98.4% -2.8% 0.3% -12.4%
2007 $285,615 $285,350 222 80 97.9% -7.9% -9.3% -39.7%
2008 $152,441 $130,000 399 71 96.9% -46.6% -54.4% 79.7%
2009 $120,292 $100,000 490 65 99.2% -21.1% -23.1% 22.8%

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DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.