San Elijo Hills Real Estate Market Update – June 2024
**Average Selling Price for Detached Homes:**
In May 2024, the average selling price for detached homes in San Elijo Hills was $1,775,308.
**Property Sales and Pending Status:**
13 homes were sold in May, and currently, 13 detached homes are available for sale. Additionally, 8 homes are in pending status within escrow.
**Sales Price vs. Listing Price:**
In May, properties typically closed at 100% of their listing price, indicating that sellers were receiving offers at their asking prices.
**Days on the Market:**
The average time on the market in May was 20 days, down from 33 days in April. The cost per square foot in May averaged $596, an increase from $567 in April.
**Market Conditions:**
With only 13 homes available for sale, there is limited competition in the San Elijo Hills market. If you’re considering selling your home, the current conditions suggest an opportune moment.
Feel free to reach out for the most accurate and up-to-date information on the San Elijo Hills real estate market.
Please call/text Ed Philbrick at 760 496-8134 or Book Consultation Online
www.hillsandcoast.com
E: ed@hillsandcoast.com
20-year resident of San Eljo Hills Lic #01967137 Coastal Premier Properties Lic #01882160
