79 homes in near BALBOA SCHOOL
Homes for Sale near BALBOA SCHOOL
ESCONDIDO, CA
About Homes near BALBOA SCHOOL
About ESCONDIDO: BALBOA SCHOOL is located in ESCONDIDO. Escondido is a city in San Diego County, California, United States. Located in the North County region, it was incorporated in 1888, and is one of the oldest cities in San Diego County. It has a population of 151,038 as of the 2020 census.
These are homes for sale within about 2 miles of BALBOA SCHOOL in ESCONDIDO. The area around the school has 79 active listings.
BALBOA SCHOOL Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.5 months of supply, and sale prices are up 7% over the last six months and 5% over the past year. At the same time, 37% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$800K
↑ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Tight Supply79 active listings against the current sales pace works out to about 2.5 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~30 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 35% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in BALBOA SCHOOL Area
Homeownership is near the state average, with a balanced mix of owners and renters.
52%
Homeowners
48%
Renters
Homeownership is 3.5 points lower than the California average (55.5%)
50,658 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $307K in value on average.
Price Reductions
29 listings have reduced their price
37% of active listings
Average reduction: 6.0% (~$48K)
BALBOA SCHOOL Area Market Overview
Buyers in the BALBOA SCHOOL area are looking at a median list price of $799,998. That is about 8.6% below the ESCONDIDO median. Since February, the median price has moved up about 7.5% to $1.1M as of July. The BALBOA SCHOOL area has 79 active listings on the market right now. Listings on this page are selected by distance to BALBOA SCHOOL, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Frequently Asked Questions about Homes near BALBOA SCHOOL
How many homes are for sale in BALBOA SCHOOL Area, CA?
There are currently 79 homes for sale in BALBOA SCHOOL Area, ranging from $269,900 to $2,299,000. 12 of them hit the market within the last week.
What is the median home price in BALBOA SCHOOL Area?
The median list price in BALBOA SCHOOL Area is $799,998. Price per square foot averages $508. Prices are up 5.0% compared to a year ago.
How fast do homes sell in BALBOA SCHOOL Area?
Homes in BALBOA SCHOOL Area currently average 30 days on the market, a steady pace.
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