Over the last 30 days, 98 homes went under contract in the Escondido market, the lowest amount since last January. Sales seem to be on the way down, falling to 107 homes sold over the same period, and extending a four-week downward trend. In comparison, San Diego led all other nearby municipalities with 905 contracts executed. While contracts were soft, months of inventory hit two, extending an upward trend to four weeks. With inventory so low in Escondido, it's still a definite seller's market, despite the shrinking contracts numbers.
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