Table of Content
Only mortgage transactions on single-family properties are included. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Homes in Lake Elsinore receive 2 offers on average and sell in around 46 days. The average sale price of a home in Lake Elsinore was $558K last month, up 4.8% since last year.
Housing market information is provided by Altos Research, Inc. based on analysis of all active market properties for sale in the US in the preceding week. All analytics are copyright Altos Research and not affiliated with any MLS. School service boundaries are intended to be used as reference only.
Popular Zip Codes in Lake Elsinore, CA
Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home. In October 2022, Lake Elsinore home prices were up 7.6% compared to last year, selling for a median price of $565K. On average, homes in Lake Elsinore sell after 45 days on the market compared to 28 days last year. There were 69 homes sold in October this year, down from 114 last year. Relative to California, our data show that Lake Elsinore's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
The vintage year (e.g., V2021) refers to the final year of the series . From January to February, home sales countywide declined 1.1 percent, according to the association. Statewide, the median price last month was $478,790, compared to $489,680 in January -- down 2.2 percent. In February 2016, the median price in California was $444,780, a year-over-year increase of 7.6 percent. RIVERSIDE COUNTY, CA - The median price of a single-family home in Riverside County edged up 2.7 percent last month, the California Association of Realtors reported Wednesday.
Types of Homes
Homes similar to Home Plate are listed between $569K to $639K at an average of $250 per square foot. Can sell for about 2% above list price and go pending in around 24 days. We’re working on getting current and accurate flood risk information. Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates. Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac.
Neighborhood Listings
Find out the number of homebuyers searching to move in and out of Lake Elsinore, plus the top relocation destinations. The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive. Most Expensive Home This home is 425% higher than the average home in this area.
The average sale price per square foot in Lake Elsinore is $270, down 3.7% since last year. Currently, there are 853 homes listed in Lake Elsinore which include 14 condos, 4 foreclosures. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days.
The Master Bedroom is big enough to accommodate very large or over-sized furniture and features 2 closets. The Master Bath has a separate Shower, Soaking Tub, and a large Vanity with Double Sinks. There are also 2 more Bedrooms, a full Bath, large upstairs Laundry Room, awesome Low Maintenance Backyard with lots of Shade and Cement work, Drought Tolerant Landscape in Front Yard. Its also Pre-wired for Ceiling Fans and sound, has Upgraded Lighting, 3 Car Tandem Garage and much more. The Community has 2 Pools, Tot Pool, Splash Play Area, golf course, Spa, Parks, Fire Pits, Basketball Court and Play Grounds. There is also a another park just outside the community that features a Skate Park, Baseball Fields, Soccer Field, Basket Ball and Picnic Areas.
Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones. Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. Nearby homes similar to Home Plate have recently sold between $781K to $781K at an average of $350 per square foot. This home features a large Kitchen with Granite Island, Granite Counters, Butlers Pantry with extra Cabinets that leads through to the Formal Dining Room, Stainless Steal Appliances. The Home has a very large Great Room that looks out onto the Backyard Patio areas. Upstairs is a Loft that adds additional space for Play Area or Office and a huge Bonus/Media Room.
24 hours security patrol, Close to Costco, Lowe's , restaurant, gas station, school , 15 , 74, freeway etc . According to CAR's Unsold Inventory Index for February, the median time a property was on the market in California was 33 days before it sold. The predominate size of homes in the city based on the number of bedrooms. Homes include single family houses as well as apartment and condominium units. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lake Elsinore.
Can sell for about 1% above list price and go pending in around 26 days. Can sell for about 1% above list price and go pending in around 22 days. Lake Elsinore is a natural freshwater lake in Riverside County, California, located east of the Santa Ana Mountains and fed by the San Jacinto River. Originally named Laguna Grande by Spanish explorers, it was renamed for the town of Elsinore, established on its northeastern shore on April 9, 1888. The beautiful Ortega Mountains rise above the lake to create a memorable view that you will remember for a lifetime. A beautiful 3,000 acre lake beckons visitors to its shores to enjoy fishing, kayaking, wind surfing, boating, wakeboarding, water skiing & jet skiing.
