Tag Archives: Real Estate

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

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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

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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

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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 

Now 2 Separate Lots for Sale in San Elijo Hills

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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 

March 2019 San Elijo Hills & Old Creek Ranch Market Update

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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 

12.6 Amazing acres in San Elijo Hills

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12.6 Amazing acres in San Elijo Hills. The potential for 2 custom homes. Lot split application finalizing. Build your custom dream home with ocean views. Sit on your deck and enjoy ocean views across Elfin Forest and Rancho Santa Fe as you enjoy ducks and wildlife in your private pond. 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 & Carlsbad shopping & restaurants. Amazing convenient and rare North County location with multiple options for best use and enjoyment. Views, Pond, Ocean Breeze. Build your dream Old California estate or seek approval for wedding or event location. Zoned Residential/agriculture by The City of San Marcos. Click here to see Virtual Tour

Contact Ed Philbrick Coastal Premier Properties for a walking tour 760-496-8134

Ed Philbrick your San Elijo Hills Realtor

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Today’s buyers and sellers need a trusted 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 real estate insight, advice, and results. I am the publisher of San Elijo Life and enjoy connecting and building our fantastic community.

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

 

San Elijo Hills Real Estate Market Year in Review

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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

 

San Elijo Hills Real Estate Market Update

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San Elijo Hills Real Estate Market Report

Only 14 Active homes and condos currently for sale in San Elijo Hills averaging 25 days on the market priced from to $430.000-$2,995,000* (*Home for sale in The Estates)

In October – 11 homes sold in San Elijo Hills with an average sale price of $677,500 and an average of 19 days on the market.

North County San Diego Detached Homes Market Report

Average Sale Price $613,654 +9.8%
Average Market Time 41 Days -10.9%
Inventory 2.3 Months -32.4%
Active Listing 919 -28.3%

Every year at this time, many local homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Seven great reasons not to wait:

  1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
  4. Homes show better when decorated for the holidays.
  5. There is less competition for you as a seller right now.

If you’re thinking of selling, whether it’s this Fall/Winter or next year, please let me know! With so little inventory on the market, many buyers are still looking for homes so if it’s the right time for you to make a move now, I’m here to help! If you’re planning to move in the new year, it’s never too early to get started preparing your home for sale.

Happy Thanksgiving!

Ed

Ed Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
CalBRE # 0196713
Coastal Premier Properties CalBRE # 01861547

Have Questions? Things You’d Like to See Featured Here? Need a contractor referral?

Contact Me: ed@hillsandcoast.com 

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