Last month in March, housing in Lake Elsinore, CA ended with 91 homes being added to the market for sale, for a cumulative monthly total of 196 homes for sale - up 17% compared to February. Lake Elsinore, CA had a total of 74 homes sold for the month - up 34% from the month prior.
Detached led the way in homes sold with a total of 66 - up 33%, while attached totaled 8 in closed sales - up 38% from the month of February. The number of detached properties sold under 1500 square feet totaled 10 for the month of March, while homes from 1500 to 2000 square feet recorded 20 sales and homes sized from 2000 to 2500 square feet had 14 sales. While homes from 2500 to 3000 square feet square feet recorded 12 homes sold and homes from 3000 to 3500 square feet had 9 sales and while homes in the 3500 to 4000 square feet range totaled 1 homes sold. The following ranges for detached homes all had no sales: 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 5, attached homes in the square feet range of 1500 to 2000 recorded 2 sales and attached properties from 2500 to 3000 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 2000 to 2500, 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 March 2024. The months of May 2023, June 2023 and March 2024 had 74 - 84 and 74 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 29 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 | 74 | - | - | - | - | - | - | - | - | - | 172 |
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 | 28 | - | - | - | - | - | - | - | - | - | 33 |
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 | 103 | - | - | - | - | - | - | - | - | - | 98 |
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 | 91 | - | - | - | - | - | - | - | - | - | 246 |
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 |