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El Cajon, which means "the box" in Spanish, is a relatively small city with a population of 103,864. Overall, they have 382 foreclosed properties and the average price for one in this city is $320,084. The average price of a non-distressed property is $360,000. Foreclosure filings decreased in September 2022 from August and also declined by more than fifty percent from the year before. El Cajon is surrounded by a valley of mountains. This city was once made up of Spanish ranches and was only taken over after the 1848 Treaty of Guadalupe Hidalgo. It was officially incorporated as a city in 1912. Today, its two top employers are Grossmont-Cuyamaca Community College District and GKN Aerospace Chem-Tronics.
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