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
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Ed Philbrick: REALTOR®
www.hillsandcoast.com
M: 760-496-8134
E: [email protected]
DRE# 01967137
Coastal Premier Properties DRE# 01861547
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