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Lake Elsinore Market Trends

Today, November 24, 2009

Median Sales Price in Lake Elsinore

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1 yr 5 yr Max
Lake Elsinore median sales prices
Number of sold homes in Lake Elsinore
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$50,000-51.6%$63,000$103,225$195,000
2 bedrooms$84,086-24.2%$70,000$110,926$207,000
3 bedrooms$150,000-21.1%$151,000$190,000$326,500
4 bedrooms$203,000-14.4%$200,000$237,275$398,000
All properties$170,500-19.7%$175,000$212,400$341,000
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Lake Elsinore Summary

The median sales price for homes in Lake Elsinore CA for Aug 09 to Oct 09 was $170,500. This represents a decline of 2.6%, or $4,500, compared to the prior quarter and a decrease of 19.7% compared to the prior year. Sales prices have depreciated 50% over the last 5 years in Lake Elsinore.

The average listing price for Lake Elsinore homes for sale on Trulia was $209,476 for the week ending Nov 18, which represents a decline of 0.4%, or $887, compared to the prior week and a decline of 0.8%, or $1,768, compared to the week ending Oct 28. Average price per square foot for Lake Elsinore CA was $97, a decrease of 14.2% compared to the same period last year.

 

Average Listing Price in Lake Elsinore

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1 yr 5 yr Max
Lake Elsinore average property price
Lake Elsinore – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$144,199+2.3%$140,898$140,170$136,001
3 bedrooms$177,945-0.7%$179,140$182,748$186,122
4 bedrooms$223,426-1.7%$227,214$226,613$226,611
All properties$209,476-0.4%$210,363$211,760$211,244
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Average Price Per Sqft for Homes in Lake Elsinore

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1 yr 5 yr Max
Lake Elsinore average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$198+34.7%$137$147$460
2 bedrooms$104-14.8%$82$122$197
3 bedrooms$96-18.6%$96$118$186
4 bedrooms$91-15.0%$94$107$193
All properties$97-14.2%$93$113$195
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Homes for Sale in Lake Elsinore

16 Del Brienza, Lake Elsinore CA
16 Del Bri…
$212,900
4 br  3 ba
53205 Iceberg Street, Lake Elsinore CA
53205 Iceb…
$192,500
4 br  3 ba
32635 Santa Cruz, Lake Elsinore CA
32635 Santa…
$194,900
5 br  2 ½ ba
33045 Washington Street, Lake Elsinore CA
33045 Wash…
$144,900
2 br  2 ba
1104 Taylor Court, Lake Elsinore CA
1104 Taylor…
$119,000
3 br  2 ba
16377 Lakeshore Drive #1g, Lake Elsinore CA
16377 Lake…
$48,200
2 br  1 ½ ba
View all Lake Elsinore Homes for Sale
 
Stats & Trends
Lake Elsinore

Real Estate Overview

Market Trends

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Community Info

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  • 92530
  • 92531
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Nearby Cities

Cities
Median
sales price
Average
listing price
Murrieta
$232,000
$464,677
Wildomar
$259,000
$242,012
Quail Valley
$35,371
$114,448
Canyon Lake
$166,250
$595,916
Sun City
$125,000
$150,650
Menifee
$195,000
$252,070
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Advice

Recent Q&A in Lake Elsinore, CA

Q: I Will like to buy an appartment 3/2 forclosure better. my e.., addrees is guga_mercado@yahoo.com 1 answer
Q: Hi I'm interested in purchasing a house that has fire damage. I qualify for about 150,000, and the asking price of the property is $110,000. 2 answers
Q: Please tell me how I can make an offer on the property 18088 Grand Ave. Lake Elsinore 1 answer
Q: Hi, I am interested in selling my home and leasing to buy it back 6 answers
Q: can i get pre approved for a fha mortgage loan with a 550 fico score? 4 answers

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Nearby Cities Real Estate

  • Murrieta Real Estate
  • Wildomar Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Murrieta Home Prices
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  • Canyon Lake Home Prices
  • Sun City Home Prices
  • Menifee Home Prices

Lake Elsinore Stats & Trends

  • Lake Elsinore Real Estate Overview
  • Lake Elsinore Schools
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  • Lake Elsinore Home Prices
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  • Lake Elsinore Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Lake Elsinore real estate market. Find Lake Elsinore properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Lake Elsinore average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Lake Elsinore housing statistics are available for each Lake Elsinore, CA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.