Home Sales Down in Lake Elsinore Real Estate Market

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:

$329K   $389K   $314K  

Get started right now by checking out Lake Elsinore homes for sale or reviewing Lake Elsinore real estate trends.

Demographic facts about Lake Elsinore:

  • This area has an affordability rating of 51. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 11.1 inches per year. (U.S. average: 36.5)
  • The area's income per capita is $17,763.
  • The area's school rating is 61. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/13/2016


Ask a local expert about this area:
ERA Donahoe Realty
6 reviews
Esquire Real Estate
Snapped 2 homes in this area
Remax Results
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
2 snaps in this area
40 snaps in this area
5 snaps in this area
12 snaps in this area
1 snap in this area
48 snaps in this area
15 snaps in this area
2 snaps in this area
20 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.