Is San Elijo Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, San Elijo Hills has remained a Seller's Market.
Key Takeaway
San Elijo Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Elijo Hills, CA
How much do homes in San Elijo Hills, CA cost?
Median Sold Price
$898,000
$537/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in San Elijo Hills have sold for 22.8% less than they did a year ago.
Summary: The median home sold price in San Elijo Hills was $898,000 in April 2024, down 22.8% from last year, and the median price per square foot was $537.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $723.5K | $725K | 0.2% |
| 3 Bedrooms | $843.5K | $825K | -2.2% |
| 4 Bedrooms | $1.5M | $1.4M | -3.7% |
| 5+ Bedrooms | $1.6M | $1.6M | -1.8% |
Summary: San Elijo Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in San Elijo Hills, CA
How many homes are available in San Elijo Hills, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The San Elijo Hills real estate market had 38 homes for sale in April 2024, a 2.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The San Elijo Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Elijo Hills, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in San Elijo Hills in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for San Elijo Hills, CA
How long does it take to sell a home in San Elijo Hills, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 24 Days | -35.1% |
Summary: Homes in San Elijo Hills had an average of 24 days on market in Apr 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in San Elijo Hills are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in San Elijo Hills; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.