In this week's report, the number of homes sold in the Lake Elsinore market slid to 100 over the past 30 days, but still above the monthly average. In comparison, nearby Moreno Valley had 194 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $327,500 over the latest reporting period for Lake Elsinore, up from $324,500. In spite of the decrease in sales, a low three months of inventory signals that Lake Elsinore is a seller's market.
You never know when the perfect home may come in the market so take a look at the new listings in Lake Elsinore: