
San Elijo Hills Market Update — August 2026
Home Prices
In August 2026, the median sales price was $1,799,000 for detached homes and $970,000 for attached homes in San Elijo Hills.
Sales Activity
- 7 homes closed escrow during August
- 7 new listings came on the market
- 11 homes are currently listed for sale
- 9 homes are pending in escrow
Sales Price vs. Original List Price
Homes sold for an average of 95.1% of their original asking price in August. This suggests buyers have more negotiating leverage, especially when a home is initially priced above current market expectations.
Days on Market and Price Per Square Foot
The average market time was 41 days, while the average sales price per square foot was $585.
What This Means for Buyers and Sellers
The San Elijo Hills real estate market continues to move at a more measured pace. With fewer sales and homes taking an average of 41 days to sell, buyers generally have more time to evaluate properties, complete their due diligence, and negotiate.
For sellers, the 95.1% sales-to-original-list-price ratio highlights the importance of pricing correctly from the start. Buyers are paying close attention to condition, location, upgrades, and comparable sales. Homes that enter the market overpriced are more likely to experience longer market times and price reductions.
For buyers, the current market offers more negotiating opportunities. However, well-priced homes in desirable locations can still attract strong interest, making it important to structure an offer around the property’s condition, competition, and the seller’s motivation.
Thinking About Buying or Selling in San Elijo Hills or 92078?
Whether you’re curious about your home’s value, current competition, neighborhood trends, or buying opportunities, I’m happy to help.
I offer no-pressure conversations backed by 20+ years of local real estate experience, clear market data, and practical next steps. Reach out anytime to talk about your plans.
Call or Text: 760-496-8134
E: ed@hillsandcoast.com
Edward Philbrick: REALTOR Lic #01967137
Coastal Premier Properties. Lic #01882160

