By Ed Philbrick, Realtor | Coastal Premier Properties
A few listings in San Elijo Hills deserve a fresh look this fall. The latest local MLS report includes meaningful price reductions and a home returning to the market—changes that could open a conversation for buyers.
A townhome reduced to $749,000
A 1,740-square-foot townhome is now asking $749,000, down $36,000 from the earlier report. A same-size home sold for $815,000 in August, putting this asking price $66,000 below that closing.
That’s worth investigating. Buyers should compare condition, upgrades, location and HOA costs to understand what explains the difference.
A larger detached home with a $52,500 reduction
A 3,717-square-foot detached home is now listed at $1,697,500 after a $52,500 reduction. A nearby home built the same year, with nearly identical square footage, closed at $1,761,000 in August.
The current asking price is $63,500 below that sale. Views, lot size, improvements and condition still need a closer comparison.
A second chance at $699,000
A 1,515-square-foot home that previously went pending is active again at $699,000. For a buyer who missed it the first time, this may be another opportunity.
The first question is why the previous escrow ended. Understanding that answer helps determine the next step.
What this means for buyers and sellers
For buyers, these changes offer specific reasons to revisit available homes and explore whether sellers will consider adjustments to price, repairs or closing costs.
For sellers, competing price reductions can change how buyers view your home. Pricing should account for both recent closed sales and the choices buyers have today.
I look beyond a listing’s current price and days on market to review earlier listings, price changes and nearby sales. That fuller picture helps us make a more informed decision together.
Curious which opportunities fit your plans? Reach out for a personal review of your buying or selling options.
Ed Philbrick | Realtor on a Bike
760 496 -8134 Call/Text
Coastal Premier Properties | CA DRE #01967137
Serving San Diego County from the Hills to the Coast
SanElijoLife.com
Based on the latest uploaded MLS report. Availability and prices may change. Property comparisons are starting points for further review, not appraisals.
