$3,650,000
1,769 SqFt
3 Beds
•2 Full Baths
Jonah Wilson, Listing Office: Carolwood Estates
Is Elysian Heights, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Elysian Heights has remained a Seller's Market.
Key Takeaway
Elysian Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elysian Heights, CA
How much do homes in Elysian Heights, CA cost?
Median Sold Price
$1,450,000
$941/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$140,000(+10.7%)
Key Takeaway
Homes in Elysian Heights have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Elysian Heights was $1,450,000 in October 2024, up 10.7% from last year, and the median price per square foot was $941.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $765K | $1.0M | +30.9% |
| 2 Bedrooms | $1.2M | $1.2M | +1.3% |
| 3 Bedrooms | $1.5M | $1.4M | -6.5% |
| 4 Bedrooms | $1.3M | $1.8M | +38.4% |
| 5+ Bedrooms | $1.3M | $1.6M | +25.6% |
Summary: Elysian Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 25.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Elysian Heights | $1.3M | $1.4M | +10.7% |
| Echo Park | $1.2M | $1.2M | -2.9% |
Housing Supply in Elysian Heights, CA
How many homes are available in Elysian Heights, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Elysian Heights real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Elysian Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elysian Heights, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Elysian Heights in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Elysian Heights, CA
How long does it take to sell a home in Elysian Heights, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 11 Days | -2.1% |
Summary: Homes in Elysian Heights had an average of 11 days on market in Oct 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elysian Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Elysian Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.