$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 November 2023
At the same time last year, Elysian Heights was a Neutral Market.
Key Takeaway
Elysian Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elysian Heights, CA
How much do homes in Elysian Heights, CA cost?
Median Sold Price
$1,457,500
$891/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$97,500(+7.2%)
Key Takeaway
Homes in Elysian Heights have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Elysian Heights was $1,457,500 in November 2024, up 7.2% from last year, and the median price per square foot was $891.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $765K | $1.0M | +30.9% |
| 2 Bedrooms | $1.2M | $1.2M | -1.3% |
| 3 Bedrooms | $1.5M | $1.4M | -6.8% |
| 4 Bedrooms | $1.3M | $1.8M | +38.4% |
| 5+ Bedrooms | $1.6M | $1.8M | +17.0% |
Summary: Elysian Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.9%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Neighborhoods
| Elysian Heights | $1.3M | $1.4M | +7.2% |
| Elysian Valley | $1.0M | $1.0M | -2.9% |
| Echo Park | $1.2M | $1.2M | -3.3% |
Housing Supply in Elysian Heights, CA
How many homes are available in Elysian Heights, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Elysian Heights real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Elysian Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Elysian Heights in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 45 Days | +125.0% |
Summary: Homes in Elysian Heights had an average of 45 days on market in Nov 2024, up by 125% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 2 homes were sold in Elysian Heights; 50% of homes were sold within 30 days, 50% 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.