San Elijo Hills Real Estate Market Update – January 2025
Average Selling Price for Detached Homes
In December 2024, the average selling price for detached homes in San Elijo Hills was $1,661,667.
Property Sales and Pending Status
Last month, 3 homes were sold, with 4 detached homes currently available for sale. Additionally, 2 homes are in escrow and pending closing.
Sales Price vs. Listing Price
On average, properties closed at 97.1% of their listing price in December, indicating that sellers are receiving offers close to their asking prices.
Days on the Market
The average time on the market in December was 40 days, a decrease from 46 days in November. The cost per square foot rose to $595, up from $571 in November, although still below the $785 spike in May 2022.
Market Conditions
With only 4 homes currently for sale, competition in the San Elijo Hills real estate market remains limited. The spring market is just around the corner, a time when we typically see increased activity from both buyers and sellers. If you’re considering selling, now is the perfect time to prepare and take advantage of these favorable conditions.
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For the most accurate and up-to-date information about your specific San Elijo Hills neighborhood market, feel free to reach out!
Please call/text Ed Philbrick at 760 496-8134 or Book Consultation Online
www.hillsandcoast.com
E: [email protected]
21-year resident of San Eljo Hills Lic #01967137 Coastal Premier Properties Lic #01882160
