Escondido is one of the larger cities in the San Diego metro area. It is located just over 30 miles north of the city and is hidden among avocado and citrus groves in a valley. The real estate market has property to fit every budget. From small condominium homes to huge lavish estates, it is easy to see why so many people love living in Escondido.
Divided into five main areas of town, Escondido features every size, shape and style of home. In addition to nice sized single family homes scattered throughout the city, condominiums and townhomes are plentiful and affordably priced.
The north end of Escondido features some of the most beautiful neighborhoods with single family homes and condominium communities scattered about. Most of the single family homes in this section start in the mid to upper-$200s in neighborhoods like Emerald Heights and Escondido Hills with other homes in more affluent neighborhoods like Rimrock Estates and Alta Vista Acres starting in the upper-$800s to low-$900s. The most expensive homes in north Escondido start at over $2 million. As for condominiums and townhomes, there are several communities like Circle R Townhomes and Buena Ventura condominium community that have units starting in the mid to upper-$200s while Via Verde and Rancho Escondido are 55+ communities with homes starting in the mid-$100s.
Another section that offers some of the most beautiful estates is the eastern part of Escondido. Neighborhoods like Old Guejito and Bear Valley Oaks contain homes valued from the mid-$600s to over $900K. Condominiums and townhomes in communities like Allegro and Villa Espanas feature homes starting in the low to mid-$200s. The highest price single-family home in this part of town is listed at almost $3 million with the highest price condominium priced just under $300K.
South Escondido/Southwest Escondido
South Escondido includes elegant homes in subdivisions like Canyon View and Lake Hodges Estates starting in the mid-$900s. Mid-priced homes start in the mid to upper-$400s in Montclair and the mid-$500s in Rancho Verde. The highest priced home on the market is listed just under $2 million.
This section of town features homes that are more reasonably priced to accommodate mid-ranged home buyers. Rancho San Pasqual and San Pasqual are two popular neighborhoods in this section of Escondido with homes starting in the upper-$300s to upper-$400s. Sonata is another popular neighborhood with homes priced similarly.
The Nitty Gritty of the Market
While the list price of homes varies greatly in Escondido, overall, this area of southern California is a very affordable place to live. The overall average sales price is about $295K which is up over 5 percent from last year. The overall average number of days on the market is just under 90 days which is down significantly from the 138 days just three months ago.
Settling in Escondido
If you have a desire to live a quieter, easy-going life, then consider Escondido. It has the atmosphere of a small town with all of the activities and events throughout the year but still maintains the energy of a large city. Its central location about two hours south of LA and just 30 minutes north of San Diego makes it an ideal spot for commuters as well. Once you visit Escondido, you will see what all of the fuss is about and really think about settling there.