Last month in February, housing in Lake Elsinore, CA ended with 86 homes being added to the market for sale, for a cumulative monthly total of 163 homes for sale - up 14% compared to January. Lake Elsinore, CA had a total of 49 homes sold for the month - even from the month prior.
Detached led the way in homes sold with a total of 44 - down -7%, while attached totaled 5 in closed sales - up 60% from the month of January. The number of detached properties sold under 1500 square feet totaled 6 for the month of February, while homes from 1500 to 2000 square feet recorded 12 sales and homes sized from 2000 to 2500 square feet had 14 sales. While homes from 2500 to 3000 square feet square feet recorded 9 homes sold and homes from 3000 to 3500 square feet had 3 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 4 and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 1500 to 2000, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The last 12 month period for the city of Lake Elsinore, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and September 2023. The months of May 2023, June 2023 and September 2023 had 74 - 84 and 72 homes sold, respectively, as compared to an average of 55 for the other months of the year.
The last 12 month period for the city of Lake Elsinore, CA shows that homes sold the fastest during the months of June 2023, July 2023 and August 2023. The months of June 2023, July 2023 and August 2023 had 17 - 15 and 13 days on market, respectively, as compared to an average of 30 for the other months of the year.
Number of homes sold in Lake Elsinore, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 49 | 49 | - | - | - | - | - | - | - | - | - | - | 98 |
2023 | 58 | 57 | 71 | 64 | 74 | 84 | 59 | 52 | 72 | 52 | 52 | 45 | 740 |
2022 | 85 | 90 | 134 | 98 | 129 | 95 | 67 | 67 | 71 | 78 | 56 | 70 | 1040 |
2021 | 83 | 82 | 113 | 104 | 129 | 116 | 120 | 115 | 114 | 122 | 99 | 116 | 1313 |
2020 | 82 | 98 | 97 | 82 | 80 | 96 | 114 | 122 | 93 | 130 | 104 | 132 | 1230 |
2019 | 75 | 54 | 87 | 115 | 101 | 118 | 107 | 104 | 104 | 102 | 96 | 97 | 1160 |
2018 | 79 | 80 | 96 | 104 | 120 | 113 | 128 | 98 | 82 | 105 | 75 | 87 | 1167 |
2017 | 91 | 77 | 110 | 123 | 133 | 145 | 109 | 127 | 107 | 96 | 91 | 112 | 1321 |
Average Days On Market (DOM) In Lake Elsinore, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 34 | 37 | - | - | - | - | - | - | - | - | - | - | 36 |
2023 | 48 | 51 | 36 | 30 | 30 | 17 | 15 | 13 | 18 | 27 | 25 | 31 | 28 |
2022 | 18 | 16 | 12 | 13 | 12 | 15 | 18 | 16 | 29 | 34 | 41 | 32 | 21 |
2021 | 13 | 7 | 11 | 6 | 4 | 9 | 7 | 12 | 14 | 13 | 13 | 19 | 11 |
2020 | 33 | 38 | 30 | 30 | 19 | 38 | 25 | 16 | 14 | 12 | 8 | 7 | 22 |
2019 | 42 | 51 | 41 | 43 | 31 | 34 | 36 | 34 | 33 | 42 | 42 | 37 | 39 |
2018 | 30 | 22 | 31 | 32 | 24 | 28 | 31 | 36 | 34 | 32 | 35 | 41 | 31 |
2017 | 27 | 41 | 34 | 29 | 23 | 22 | 17 | 21 | 17 | 25 | 26 | 29 | 26 |
Average Days From List To Close Of Escrow In Lake Elsinore, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 94 | 97 | - | - | - | - | - | - | - | - | - | - | 96 |
2023 | 112 | 117 | 113 | 98 | 96 | 86 | 69 | 75 | 72 | 74 | 69 | 87 | 89 |
2022 | 74 | 69 | 67 | 62 | 57 | 65 | 70 | 67 | 80 | 84 | 83 | 102 | 73 |
2021 | 74 | 65 | 70 | 64 | 57 | 66 | 57 | 65 | 66 | 63 | 64 | 72 | 65 |
2020 | 91 | 98 | 74 | 94 | 87 | 100 | 93 | 83 | 83 | 70 | 67 | 68 | 84 |
2019 | 106 | 106 | 98 | 102 | 86 | 85 | 94 | 86 | 85 | 93 | 94 | 103 | 95 |
2018 | 89 | 86 | 80 | 79 | 86 | 78 | 78 | 85 | 88 | 81 | 85 | 106 | 85 |
2017 | 94 | 99 | 110 | 95 | 87 | 73 | 69 | 78 | 64 | 85 | 74 | 91 | 85 |
Number of homes added to the market in Lake Elsinore, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 69 | 86 | - | - | - | - | - | - | - | - | - | - | 155 |
2023 | 73 | 56 | 66 | 75 | 76 | 85 | 80 | 99 | 74 | 86 | 62 | 49 | 881 |
2022 | 100 | 131 | 115 | 116 | 104 | 96 | 87 | 101 | 73 | 73 | 58 | 46 | 1100 |
2021 | 90 | 99 | 118 | 125 | 128 | 113 | 125 | 144 | 106 | 104 | 101 | 54 | 1307 |
2020 | 133 | 106 | 87 | 71 | 89 | 91 | 104 | 123 | 125 | 119 | 101 | 71 | 1220 |
2019 | 86 | 74 | 129 | 102 | 114 | 121 | 112 | 108 | 93 | 98 | 57 | 64 | 1158 |
2018 | 87 | 125 | 112 | 122 | 126 | 117 | 97 | 105 | 80 | 96 | 79 | 37 | 1183 |
2017 | 77 | 102 | 146 | 128 | 107 | 132 | 112 | 115 | 108 | 95 | 87 | 60 | 1269 |