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2022 Real Estate Market in San Elijo Hills

Active Listings in San Elijo Hills

The average home selling in San Elijo Hills is closing for 102% of the listing price in an average December market time of 35 days this is up from just 15 days in November and a low of 6 days in April 2021. 

The price per square foot in December was $486, down from $506 in Novmeber. Currently, only 2 active homes are for sale in San Elijo Hills, and 9 homes are pending in escrow. With 7 homes selling in December 2021. 

San Elijo Hills is highly sought after for its sense of community, schools, trails, and town center restaurants and shops.

ONLY 2 HOMES FOR SALE IN SAN ELIJO HILLS. This link is live and will update as homes come on the market. If you or someone you know is considering making a move, please call/text at Ed Philbrick 760 496-8134

2022 San Diego County Real Estate Forecast 

The bottom line: 2022 will continue where housing in 2021 left off, INSANELY HOT. It will be an Insane Seller’s Market (an Expected Market Time below 40-days) from the start of the year through the Summer Market. Multiple offers and bidding wars will be the norm for homes priced below $2 million. Once again, the market will heavily favor sellers and buyers will have to pack their patience to isolate their piece of the American Dream and take advantage of record-low mortgage rates. From mid-August on, the beginning of the Autumn Market, housing will evolve into a Hot Seller’s Market (an Expected Market Time between 40 and 60 days) with a bit less activity, not quite as many multiple offers, and fewer homes selling above their asking prices.

Are you curious about the new value of your San Elijo Hills home in this current market? I recommend Homebot to track the value of your home and build more wealth with your home and your real estate investments or vacation home. 

Interest rates will be a factor in 2022 Real Estate Market

760-496-8134 (Call/Text)or Book Consultation Online 
www.hillsandcoast.com
E: ed@hillsandcoast.com
Edward Philbrick: REALTOR Lic #01967137
Corcoran Global Living Lic #02109201

San Elijo Hills Real Estate Market Update-Fall 2021

The average home selling in San Elijo Hills is closing for 102% of the listing price in an average of 46 days this is up from just 18 days in August and a low of 11 days in June 2021.

The price per square foot in September was $475, down from $479 in August. Currently, only 12 active homes are for sale in San Elijo Hills, and 18 homes are pending in escrow. With 19 homes selling in September.

San Elijo Hills is highly sought after for its sense of community, schools, trails, and town center restaurants and shops. The low mortgage rates and historically low inventory of homes for sale make for a classic supply and demand issue.

Check out these great homes in San Elijo Hills – San Diego for Sunday, October 24th. Contact me when you’re ready to start your home search.

If you or someone you know is considering making a move, please call/text at 760 496-8134

760-496-8134 (Call/Text)
www.hillsandcoast.com
E: ed@hillsandcoast.com
Edward Philbrick: REALTOR Lic #01967137
Corcoran Global Living Lic #02109201

San Elijo Hills Real Estate Market Update for July 2021

The average home selling in San Elijo Hills is closing for 108% of the listing price in an average of just 11 days. The price per square foot in June was $480, up from $473 in May. Currently, only 11 active homes for sale in San Elijo Hills, and 28 homes are pending in escrow. With 28 homes selling in June. San Elijo Hills San Elijo Hills is highly sought after for its sense of community, schools, trails, and town center restaurants and shops. Low mortgage rates and historically low inventory of homes for sale make now the time to sell your San Elio Hills Home. Please call or text 760 496-8134, and we can talk about selling your home in this amazing market.

760-496-8134 (Call/Text)
www.hillsandcoast.com
E: ed@hillsandcoast.com
Edward Philbrick: REALTOR Lic #01967137
Corcoran Global Living Lic #02109201  

San Elijo Hills Real Estate Market Update-April 2021

The average home selling in San Elijo Hills is selling for 109% of the listing price in an average of just 17 days. The price per square foot has jumped from $336 per square foot in 2020 to up to $466 in March of 2021. Currently, only four active homes for sale in San Elijo Hills and 16 homes are pending in escrow. With only 12 homes selling in March. Low mortgage rates and historically low inventory of homes for sale make now the time to sell your San Elio Hills Home. Please call or text 760 496-8134 and we can talk about safely selling your home.

760-496-8134 (Call/Text)
www.hillsandcoast.com
E: ed@hillsandcoast.com

Edward Philbrick: REALTOR Lic #01967137

Corcoran Global Living Lic #02109201  

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 

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 

Residents decry San Marcos housing development approval – The Coast News Group

A group of residents who have expressed frustration with the pace of development in San Marcos said the City Council’s recent approval a 220-home development on Twin Oaks Valley Road is the final straw.The group of residents plans to pursue a referendum to reverse the council’s 4-1 approval of Brookfield Residential Properties’ proposal, which would re-zone about 23 acres near the southwest corner of Twin Oaks Valley Road and Village Drive — just south of Cal State San Marcos — from commercial to residential to pave the way for the new homes. Residents packed council chambers on Jan. 23 to urge the council to vote against the second reading of the ordinance approving the project. The council had voted two weeks earlier to approve the first reading.They said that the city is approving residential development at a much faster pace than the infrastructure needed to support it, pointing to overcrowding at San Marcos’ schools and congestion on key roads and State Highway 78 as evidence.“It’s the next development on the docket and we are fed up,” said Kelly Shipley, one of the chief organizers of the opposition. “What we want to see is development with infrastructure to support it.”Their message to the council was clear: slow down.

READ MORE VIA Source: Residents decry San Marcos housing development approval – The Coast News Group

Pro Brookfield Homes on Twin Oaks Website & Facebook Page

Anti Brookfield Homes on Twin Oaks Facebook Page

San Elijo Hills Real Estate Market Year in Review

San Elijo Hills Real Estate Market year in review:

224 homes sold with an average time on market of 21 days. Selling price ranged from $1,699,000 – $405,000 or an average price $749,343.

North County San Diego Detached Homes Market Report

Median Sale Price $580,500  +12.7%
Average Market Time 36 Days  -14%
Inventory 2.2 Months  -24%
Active Listing 860  -22.5%

Wishing You and Your Family a Very Happy New Year!

The first quarter of the year is one of the best times to sell your home! If you or someone you know is thinking of making a move in 2018, I would love to help. The highest compliment I can receive is the referral of your friends and family! Who you work with matters and I’m here to provide an exceptional real estate experience in 2018.

See you around town or out on the trails.

Ed Philbrick

Ed Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
E: ed@hillsandcoast.com
3295 Business Park Dr. Suite C, Vista, CA 92081
CalBRE # 0196713
Coastal Premier Properties CalBRE # 01861547

 

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