Nestled in a long valley in the coastal mountains of San Diego County, Escondido is a thriving community that offers a blend of city living and country comfort. Founded in 1888, Escondido's earliest industry was agriculture and the original community had a population of less than 800. Today, the city is home to more than 120,000 residents and is North San Diego County's largest city. Escondido also features a diversity of business activity with an extensive retail and manufacturing base.
Escondido, which means, "hidden valley" in Spanish, lies about 18 miles inland, 100 miles south of Los Angeles and 30 miles northeast of San Diego. It is a highly desirable place to live with attractive homes, numerous parks, lakes, a sports center, more than a dozen golf courses, great restaurants, wineries, shopping centers, good schools and a comprehensive healthcare system. The rolling hills provide fertile ground for the area's many avocado and citrus groves.
Local attractions include the California Center for the Arts, the San Diego Wild Animal Park and the Lawrence Welk Resort. The city itself is home to a number of parks. Residents also have easy access to more than 20 area golf courses. Students are served by the Escondido Union Elementary and Escondido Union High School districts. The Escondido real estate market is diverse and relatively affordable. Single-family homes for sale, condominiums and townhouses are available in a wide range of prices.
Escondido, CA Real Estate Market: Prices of Escondido Houses for Sale
Escondido's real estate offerings consist primarily of condominiums, townhouses and single-family homes. Escondido condos and townhouses can be found in a variety of styles at prices ranging from the low $100,000s in communities such as Village Green and Hidden Glen to the $500,000s for properties in Champagne Village and Sonata. Many units offer beautiful scenic hill, mountain, greenbelt or city lights views and a number include access to community facilities such as swimming pools and spas.
Escondido houses are priced starting at $225,000 in communities including Mountain Shadows, Chateau Heritage and East Escondido. Prices for large estate properties on spacious lots can exceed $2.5 million. Some Escondido homes are located in country club communities and feature scenic golf course views, while others are located on substantial acreage and include hill, mountain, greenbelt, city lights or ocean views. A few horse properties are available, as is a limited amount of Escondido land for custom development.
Escondido Real Estate Stats and Trends for the week of July 21st, 2014: homes priced around $490,283 compared to $490,283 the previous week, to remain steady with no change in listing price. For Thursday, July 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.30%; the 15 year fixed rate is at 3.29%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.58%, while the 15 year jumbo rate currently is at 3.73%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Escondido CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Escondido to help you find the best home!