“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.”
“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.
Just listed for sale 12.6 Amazing acres in San Elijo Hills. The potential for 2 custom homes. Access from Attebury Drive via Questhaven. Build your custom dream home. Sit on your deck and enjoy ocean views across Elfin Forest and Rancho Santa Fe as you enjoy ducks and wildlife in your 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 and Carlsbad shopping and restaurants. Capture your piece of The North County Dream. Contact me today for a tour.
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”
Buying or selling a San Elijo Hills home is a huge financial transaction. It’s an emotional one as well. Working with me an individual agent provides you a single contact, someone with whom you can build trust. You never need to worry about your concerns being communicated to other team members. You have one person to call who is keeping track of the entire process. You know when you talk to me, I know what is going on in your transaction or marketing.
You also have one person to hold accountable if a problem arises. There’s no passing the buck when there is no one to pass to. I have a transaction coordinator, marketing support, business coaching and the backing Coastal Premier Properties with 540 Million in real estate sales in San Diego County in 2017 so you get the benefits of a big team with the service of a single local agent.
I have extensive local knowledge and commitment to providing only the best and most timely information to my clients, I’m your go-to source for San Elijo Hills real estate insight and advice.
I have sold, managed, and invested in San Diego County Real Estate for over 20 years. I’m a skilled agent, marketer, and local community volunteer. I am the publisher of San Elijo Life a community website. I also have 20 years of online marketing experience. I have lived and worked in San Elijo Hills for over 14 years with my wife and daughter.
Please let me know if you have any thoughts of buying or selling in 2018
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:
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.
Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
You can restrict the showings on your home to the times you want it shown. You will remain in control.
Homes show better when decorated for the holidays.
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.
Ed Philbrick: REALTOR® www.hillsandcoast.com
CalBRE # 0196713
Coastal Premier Properties CalBRE # 01861547
Only 9 Active homes and condos currently for sale in San Elijo Hills averaging 36 days on the market priced from $1,195,000 to $524,700. Not a lot of homes for buyers to choose from and great time to sell your San Elijo Hills home.
In July – 8 homes sold with an average market time of 17 days. The Median sales price was $779,250.
The 92078 zip code currently has a 1.7 month supply of inventory on the market back in August of 2007 we had a 10.2 month supply of inventory.
Some homeowners may be hesitant to list their San Elijo Hills homes for sale because they are worried that they will also have a problem finding a home to buy and move in to. This is a legitimate concern; no one wants to sell their home quickly and not have anywhere to live.
If you are thinking of moving up to a luxury or premium North County home, there tends to be more inventory available in these markets in North County and you may even get a great deal on a home that has been on the market for a while.
Homeowners are building contingency plans into their contracts. This means that the homeowner builds in extra time before they close in order to find their dream home and they are upfront about the contingency with any buyers who come to see the house.
Your home is an oasis to buyers who are searching for homes in today’s San Elijo Hills Market. The right buyers will sympathize and wait for you and your family to find your next home.
If you are even thinking of listing your home and moving up to a luxury home, let’s get together to evaluate your ability to do so. Homeowners are upgrading their homes, why can’t you?
Please let me know if I can provided an exceptional real estate experience.
If now is the right time for you or someone you know to make a San Elijo Hills move, please let me know! I have many buyers looking for homes and little inventory to show them. If you’re planning to buy a home this year, it’s still a great time to get in the marketplace because interest rates are still comparatively low. Let’s discuss how I can help you achieve your goals in the current market conditions, whether that’s buying or selling!
As always, the referral of your friends and family is the highest compliment I can receive!
Today’s San Elijo Hills buyers and sellers need a trusted resource that can guide them through the complex world of real estate. With my extensive local knowledge and commitment to providing only the best and most timely information to my clients, I’m your go-to source for San Elijo Hills real estate insight and service. Read my 5 star reviews
I have sold, managed, and invested in San Diego County Real Estate for over 20 years. I’m a skilled agent, marketer, and local community volunteer. I was elected the San Elijo Hills Community Association President by San Elijo Hills homeowners for two consecutive terms.
I am the publisher/owner of San Elijo Life. I also have 19 years of online marketing experience and am a published local photographer. I graduated from San Diego State University with a degree in Marketing.
I have lived in San Elijo Hills for 14 years with my wife and daughter #sanelijohillsthankful. We enjoy surfing, cycling, hiking, volleyball and building our community.
Covering Your North County San Diego Real Estate Needs from “The Hills to The Coast”