Last month in October, housing in Lake Elsinore, CA ended with 11 homes being added to the market for sale, for a cumulative monthly total of 91 homes for sale - down -130% compared to September. Lake Elsinore, CA had a total of 67 homes sold for the month - down -10% from the month prior.
Detached led the way in homes sold with a total of 64 - down -9%, while attached totaled 3 in closed sales - down -33% from the month of September. The number of detached properties sold under 1500 square feet totaled 12 for the month of October, while homes from 1500 to 2000 square feet recorded 20 sales and homes sized from 2000 to 2500 square feet had 18 sales. While homes from 2500 to 3000 square feet square feet recorded 6 homes sold and homes from 3000 to 3500 square feet had 7 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 2 and attached homes in the square feet range of 1500 to 2000 recorded 1 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 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 April 2024, July 2024 and August 2024. The months of April 2024, July 2024 and August 2024 had 85 - 78 and 85 homes sold, respectively, as compared to an average of 61 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 November 2023, April 2024 and July 2024. The months of November 2023, April 2024 and July 2024 had 25 - 20 and 17 days on market, respectively, as compared to an average of 31 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 | 85 | 73 | 67 | 78 | 85 | 74 | 67 | - | - | 701 |
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 | 20 | 31 | 37 | 17 | 29 | 29 | 27 | - | - | 29 |
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 | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 94 | 97 | 103 | 78 | 83 | 95 | 72 | 104 | 85 | 83 | - | - | 89 |
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 | 86 | 75 | 118 | 95 | 116 | 105 | 11 | - | - | 852 |
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 |