Category Archives: San Elijo Hills Real Estate

July 2020 San Elijo Hills Real Estate & San Diego County Real Estate Market Update

I hope you’re staying cool and safe and enjoying your Summer. Today in San Diego County and San Elijo Hills, the supply of homes to purchase is low, demand is high, and home values are on the rise. Multiple competitive offers are once again the norm. Homes are quickly going into escrow. And, tight lending qualifications and low rates continue to be the strength of the San Diego housing market.
There were 3,803 closed residential resales in July, 12% more than July 2019, when there were 3,395 closed sales. July marked a 22% increase over June 2020. The sales to list price ratio was 98% for all of San Diego County. Foreclosures accounted for just 0.4% of all closed sales, and 0.5% of all sales were short sales. That means that 99.1% of all sales sellers with equity.
July 2020 San Elijo Hills Real Market:
  • 25 sold homes sold in July (11 in April, 6 in May, and 13 in June)
  • 15 Active listings in San Elijo Hills
  • $347 Median Price per Square foot
  • Median Sales Price $965,000
  • 98.6% is the average percent of original asking price homes are selling for

Safety-First Listing and Home Sale Strategy. Please reach out for a 15-20 minute Zoom meeting which I will inform you of your home’s value and answer the three most-asked questions I’m getting today:

* How much is my home worth in this market?
* How do you sell homes safely during COVID19?
* How’s the mortgage market right now?

Today’s buyers and sellers need a trusted local resource that can guide them through the complex world of real estate, who you work with matters. With my extensive local San Elijo Hills knowledge and commitment to providing an exceptional real estate experience to my clients, I’m your go-to source for San Elijo Hills and North County real estate insight, advice, and results. I am the publisher of San Elijo Life and enjoy connecting and building our fantastic community.

Please let me know how I can safely be of service if you are looking to buy or sell a home.

Covering North County San Diego from “The Hills to The Coast”

Edward Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com
3295 Business Park Dr. Suite C, Vista, CA 92081
DRE # 01967137
Coastal Premier Properties DRE # 01861547

Book Online Appointment 

Safety-First Listing and Home Sale Strategy Ed Philbrick: REALTOR® Coastal Premiere Properties

Safety-First Listing and Home Sale Strategy. Please reach out for a 15-20 minute Zoom meeting in which I will inform you of your home’s value and answer the three most-asked questions I’m getting today:

* How much is my home worth in this market?
* How do you sell homes safely during COVID19?
* How’s the mortgage market right now?

Today’s buyers and sellers need a trusted local resource that can guide them through the complex world of real estate, who you work with matters. With my extensive local San Elijo Hills knowledge and commitment to providing an exceptional real estate experience to my clients, I’m your go-to source for San Elijo Hills and North County real estate insight, advice, and results. I am the publisher of San Elijo Life and enjoy connecting and building our fantastic community.

Please let me know how I can safely be of service if you are looking to buy or sell a home.

Covering North County San Diego from “The Hills to The Coast”

Ed Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com
3295 Business Park Dr. Suite C, Vista, CA 92081
DRE # 01967137
Coastal Premier Properties DRE # 01861547

Book Online Appointment 

San Elijo Hills Real Estate Market Update

San Elijo Hills Market Update

  • 14 homes sold in July 2019
  • 23 homes are pending in escrow
  • The average sales price was $845,000 or $338 per Sq Ft.
  • 42 homes are active on the market or 2.8 months of inventory
  • The average time on the market is 22 days

If you are one of the many San Elijo Hills homeowners considering buying a home this late summer/fall, let’s get together to help you find a house with the potential to be your dream home!

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.

Here’s what some of the experts have to say:

Ralph McLaughlin, Deputy Chief Economist for CoreLogic

“We see the cooldown flattening or even reversing course in the coming months and expect the housing market to continue coming into balance. In the meantime, buyers are likely claiming some ground from what has been seller’s territory over the past few years. If mortgage rates stay low, wages continue to grow, and inventory picks up, we can expect the U.S. housing market to further stabilize throughout the remainder of the year.”

Lawrence Yun, Chief Economist at NAR

“We expect the second half of year will be notably better than the first half in terms of home sales, mainly because of lower mortgage rates.”

Freddie Mac

“The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchase demand is up five percent from a year ago and has noticeably strengthened since the early summer months…The benefit of lower mortgage rates is not only shoring up home sales, but also providing support to homeowner balance sheets via higher monthly cash flow and steadily rising home equity.”

 

Ed Philbrick-Coastal Premier Properties

I have two decades of San Diego real estate experience. I’m committed to helping your family find a safe, solid community home and help you invest for the future. My goal is to earn a five-star review by providing an exceptional experience. I’m not the biggest team in town, but I personally handle your sale or purchase from beginning to end.

Ed Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com

DRE# 01967137
Coastal Premier Properties DRE# 01861547

Read my 5 Star Reviews 

Twilight San Elijo Land Tour

Join us this Saturday 6/22 5:30-7:30 PM for a unique twilight land open tour in San Elijo Hills, with, appetizers & refreshments. Enjoy the wonderful panoramic ocean & sunset views from this one of a kind viewpoint property. Park at Double Peak School and walk west, or San Elijo Hills Fire Station 4 and walk east. Look for signs and flags.

Call 760 496 8134 for walking tour or details

www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com

DRE# 01967137
Coastal Premier Properties DRE# 01861547

Read my 5 Star Reviews 

Now 2 Separate Lots for Sale in San Elijo Hills

4.83 Amazing panoramic ocean view acres perched in the top of San Elijo Hills. Build your custom dream home and barn with ocean and pond views. Sit on your deck and enjoy ocean views across Elfin Forest and Rancho Santa Fe. Walk the trails to the new Double Peak K-8 School. Welcome the natural setting of Old California but still minutes to San Elijo Hills Town Center shops, Cal State San Marcos, and Carlsbad beaches and shopping. Entitlement studies are done ready to build your horse, vineyard, family compound. Access from San Elijo Road.
Price $675,000

7.83 Natural view acres San Elijo Hills/Questhaven Hills. Build your custom dream home and barn with pond views. Sit on your deck and enjoy the natural setting of your own pond. Access from Attebury Drive and Questhaven or behind Double Peak School. This is a rare Coastal North County opportunity to create privacy yet still close to community and shopping.
Price $525,000

Call 760 496 8134 for walking tour or details

www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com

DRE# 01967137
Coastal Premier Properties DRE# 01861547

Read my 5 Star Reviews 

Come Live the Dream … Davidson Communities at The Estates Spectacular Model Homes Released

Panoramic Ocean, Hills & Lagoon Views
Great Room with fireplace, expanded dining room and wine room. Open kitchen with expansive center island. Expanded laundry room with doggy shower. Downstairs Game Room with French doors opening to courtyard and backyard. Spacious Casita with full bath, walk-in closet, and separate entrance. Grand Master Suite with large terrace to enjoy ocean view sunsets. Spa-like finishes in the Master Bath, with free-standing tub and large tiled shower. Beautiful landscape and hardscape with al fresco dining and fireplace

Panoramic Ocean and Lagoon Views
Detached Cabana with full bath, walk-in closet. Private cul-de-sac location. Mature landscaping with a beautiful backyard swimming pool. Dreamy Great Room with cozy fireplace. Downstairs Office/Den overlooking Carlsbad and Ponto Beach. Spacious main level Game Room with wet bar and wine room. Gourmet kitchen with Thermador appliances, including refrigerator and signature Davidson hood. Elegant Master Suite with coffee bar and grand terrace with a covered sleeping porch.

Panoramic Ocean Views of La Jolla and Downtown Skylines
Large Casita above garage with full bath, walk-in closet, and separate entry. Open Great Room with stunning fireplace is ideal for entertaining. Upgraded gourmet kitchen with butler’s pantry and Wolf Appliances, built-in Sub-Zero refrigerator. Spacious downstairs Jr. Master Suite;elegant Master Suite with fireplace; Master Bath with designer finishes and oversized closet. Bonus Room upstairs with tech center and two built-in desks. Spacious landscaped backyard with room for a future pool.

A Masterfully Planned Community in San Diego’s Coastal North County
18 Miles of Trails • 1100 Acres of Open Space • 19-Acre Community Park Regional Park
Award-Winning Schools • Charming Towncenter
The Estates Sales Center hours: Tuesday – Sunday 10:00 am to 5:00 pm
Monday 1:00 pm to 5:00 pm
956 Pearl Drive, San Marcos, CA 92078 or call (760) 632-8400
TheEstates@DavidsonCommunities.com

March 2019 San Elijo Hills & Old Creek Ranch Market Update

March 2019 San Elijo Hills & Old Creek Ranch Market Update

  • 32 homes sold in March 2019
  • 26 homes are pending in escrow
  • The average sales price was $821,052 or $326 per Sq Ft.
  • 26 homes are active on the market or 1.1months of inventory (March 2018 was 1.3 months of inventory)
  • The average time on the market is 35 days (March 2018 was 8 days)

Last fall, some predicted that the 2019 residential real estate market would be poor. There was even belief we might experience a housing correction like the one that occurred during the last decade.

However, San Elijo Hills/OCR buyer demand dramatically increased over the last three months, leading into this spring buyers market.

If you are one of the many San Elijo Hills homeowners considering buying a home this spring, let’s get together to help you find a house with the potential to be your dream home!

Ed Philbrick-Coastal Premier Properties

Ed Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com

DRE# 01967137
Coastal Premier Properties DRE# 01861547

Read my 5 Star Reviews 

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