Lake Elsinore, CA housing market — Condo/Co-op
See Lake Elsinore, CA median sale price, sale-to-list ratio, supply, and days on market for condo/co-op, with source periods and historical context.
- Median sale price
- $320,000
- Average sale-to-list ratio
- 98.3%
- Months of supply
- 6.6 months
- Median days on market
- 89.0 days
Redfin Data Center methodology · 2026-05-01 to 2026-05-31 · Not seasonally adjusted · Older observation
Median sale price per square foot: $290.
This condo/co-op snapshot describes the source reporting period above. Sale-to-list compares recorded sale prices with asking prices; supply and days on market describe different aspects of the same observation. These are market statistics, not an individual home valuation.
Before you make an offer
For Lake Elsinore, condo/co-op, 2026-05-01 to 2026-05-31, the average final sale-to-list ratio was 98.3% and supply was 6.6 months (not seasonally adjusted). These historical market aggregates provide offer context; compare individual comparable sales and observed condition before deciding a price. They do not predict acceptance.
Redfin methodology: sale-to-list uses final sale and final list prices; median days on market describes homes going under contract during the reporting period.
Source observations
| Period beginning | Period ending | Median sale price | Sale-to-list | Supply | Days on market |
|---|---|---|---|---|---|
| 2026-05-01 | 2026-05-31 | $320,000 | 98.3% | 6.6 months | 89.0 days |
| 2026-04-01 | 2026-04-30 | $310,000 | 96.2% | 3.8 months | 70.0 days |
| 2026-03-01 | 2026-03-31 | $499,990 | 99.3% | 4.8 months | 70.0 days |
| 2026-02-01 | 2026-02-28 | $499,990 | 99.7% | 5.4 months | 126.0 days |
| 2026-01-01 | 2026-01-31 | $481,995 | 99.0% | 6.3 months | 66.0 days |
| 2025-12-01 | 2025-12-31 | $481,500 | 100.4% | 5.2 months | 74.0 days |
| 2025-11-01 | 2025-11-30 | $450,000 | 98.4% | 2.6 months | 13.0 days |
| 2025-10-01 | 2025-10-31 | $485,000 | 99.7% | 7.0 months | 75.0 days |
| 2025-09-01 | 2025-09-30 | $367,000 | 102.4% | 11.0 months | 41.0 days |
| 2025-08-01 | 2025-08-31 | $315,000 | 98.2% | 4.3 months | 38.0 days |
| 2025-07-01 | 2025-07-31 | $250,000 | 94.7% | 5.0 months | 36.0 days |
| 2025-06-01 | 2025-06-30 | $410,000 | 98.8% | 3.3 months | 73.0 days |
| 2025-05-01 | 2025-05-31 | $475,000 | 94.6% | 5.5 months | 76.0 days |
| 2025-04-01 | 2025-04-30 | $360,000 | 99.6% | 4.3 months | 60.0 days |
| 2025-03-01 | 2025-03-31 | $450,000 | 98.1% | 8.0 months | 151.0 days |
| 2025-01-01 | 2025-01-31 | $424,000 | 96.4% | 3.3 months | 69.0 days |
| 2024-12-01 | 2024-12-31 | $385,818 | 100.0% | 2.3 months | 63.0 days |
| 2024-11-01 | 2024-11-30 | $455,000 | 100.7% | 1.4 months | 64.0 days |
| 2024-10-01 | 2024-10-31 | $435,000 | 102.2% | 5.3 months | 25.0 days |
| 2024-09-01 | 2024-09-30 | $450,000 | 100.1% | 5.0 months | 32.0 days |
| 2024-08-01 | 2024-08-31 | $440,000 | 100.6% | 2.3 months | 52.0 days |
| 2024-07-01 | 2024-07-31 | $410,000 | 107.2% | 2.7 months | 5.0 days |
| 2024-06-01 | 2024-06-30 | $435,000 | 101.6% | 1.6 months | 64.0 days |
| 2024-05-01 | 2024-05-31 | $360,000 | 100.8% | 1.0 months | 35.0 days |
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Market trends and broader context
Source geography and property type are shown for every series. Broader context is not a local market estimate. Charts may use different source reporting windows.
Months Of Supply — Lake Elsinore, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (months) |
|---|---|
| 2024-05-31 | 1.0 |
| 2024-06-30 | 1.6 |
| 2024-07-31 | 2.7 |
| 2024-08-31 | 2.3 |
| 2024-09-30 | 5.0 |
| 2024-10-31 | 5.3 |
| 2024-11-30 | 1.4 |
| 2024-12-31 | 2.3 |
| 2025-01-31 | 3.3 |
| 2025-03-31 | 8.0 |
| 2025-04-30 | 4.3 |
| 2025-05-31 | 5.5 |
| 2025-06-30 | 3.3 |
| 2025-07-31 | 5.0 |
| 2025-08-31 | 4.3 |
| 2025-09-30 | 11.0 |
| 2025-10-31 | 7.0 |
| 2025-11-30 | 2.6 |
| 2025-12-31 | 5.2 |
| 2026-01-31 | 6.3 |
| 2026-02-28 | 5.4 |
| 2026-03-31 | 4.8 |
| 2026-04-30 | 3.8 |
| 2026-05-31 | 6.6 |
Buyer Sentiment Index — Lake Elsinore, CA
OfferLens derived buyer-sentiment proxy (not a Redfin index) · Condo/Co-op
| Period ending | Value (index, 0–100 (proxy)) |
|---|---|
| 2024-05-31 | 78.27064999999996 |
| 2024-06-30 | 74.74340999999994 |
| 2024-07-31 | 71.18888888800001 |
| 2024-08-31 | 60.869834786666665 |
| 2024-09-30 | 60.63127257733334 |
| 2024-10-31 | 65.37668640000004 |
| 2024-11-30 | 62.13002226666666 |
| 2024-12-31 | 37.04888065333332 |
| 2025-01-31 | 19.77777777666666 |
| 2025-03-31 | 28.945535160000002 |
| 2025-04-30 | 36.94557619999999 |
| 2025-05-31 | 6.19047619047619 |
| 2025-06-30 | 30.719175586666648 |
| 2025-07-31 | 20.911111109999997 |
| 2025-08-31 | 32.757936498412704 |
| 2025-09-30 | 46.6173526909333 |
| 2025-10-31 | 29.126984117333336 |
| 2025-11-30 | 33.452929469999994 |
| 2025-12-31 | 37.79142000000004 |
| 2026-01-31 | 25.88978091999998 |
| 2026-02-28 | 24.64867124 |
| 2026-03-31 | 28.845462296666682 |
| 2026-04-30 | 14.307407406666663 |
| 2026-05-31 | 18.237164210933354 |
Median Sale Price — Lake Elsinore, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (USD) |
|---|---|
| 2024-05-31 | 360000.0 |
| 2024-06-30 | 435000.0 |
| 2024-07-31 | 410000.0 |
| 2024-08-31 | 440000.0 |
| 2024-09-30 | 450000.0 |
| 2024-10-31 | 435000.0 |
| 2024-11-30 | 455000.0 |
| 2024-12-31 | 385818.0 |
| 2025-01-31 | 424000.0 |
| 2025-03-31 | 450000.0 |
| 2025-04-30 | 360000.0 |
| 2025-05-31 | 475000.0 |
| 2025-06-30 | 410000.0 |
| 2025-07-31 | 250000.0 |
| 2025-08-31 | 315000.0 |
| 2025-09-30 | 367000.0 |
| 2025-10-31 | 485000.0 |
| 2025-11-30 | 450000.0 |
| 2025-12-31 | 481500.0 |
| 2026-01-31 | 481995.0 |
| 2026-02-28 | 499990.0 |
| 2026-03-31 | 499990.0 |
| 2026-04-30 | 310000.0 |
| 2026-05-31 | 320000.0 |
Unemployment Rate — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 5.4 |
| 2024-10-01 | 5.4 |
| 2024-11-01 | 5.4 |
| 2024-12-01 | 5.4 |
| 2025-01-01 | 5.4 |
| 2025-02-01 | 5.4 |
| 2025-03-01 | 5.4 |
| 2025-04-01 | 5.4 |
| 2025-05-01 | 5.5 |
| 2025-06-01 | 5.5 |
| 2025-07-01 | 5.5 |
| 2025-08-01 | 5.5 |
| 2025-09-01 | 5.5 |
| 2025-11-01 | 5.5 |
| 2025-12-01 | 5.5 |
| 2026-01-01 | 5.4 |
| 2026-02-01 | 5.4 |
| 2026-03-01 | 5.3 |
| 2026-04-01 | 5.3 |
| 2026-05-01 | 5.3 |
| 2026-06-01 | 5.2 |
| 2026-07-01 | 5.1 |
| 2026-08-01 | 5.1 |
| 2026-09-01 | 5.1 |
Vacancy Rates — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2015-01-01 | 1.2 |
| 2016-01-01 | 1.0 |
| 2017-01-01 | 1.0 |
| 2018-01-01 | 1.2 |
| 2019-01-01 | 1.0 |
| 2020-01-01 | 0.7 |
| 2021-01-01 | 0.7 |
| 2022-01-01 | 0.7 |
| 2023-01-01 | 0.7 |
| 2024-01-01 | 0.8 |
| 2025-01-01 | 1.1 |
Local Income Growth — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2016-01-01 | 3.7991379950954807 |
| 2017-01-01 | 4.2095466504394 |
| 2018-01-01 | 4.755689136968666 |
| 2019-01-01 | 5.305439879332385 |
| 2020-01-01 | 9.13591779542271 |
| 2021-01-01 | 10.045935690033957 |
| 2022-01-01 | 0.10500388903291746 |
| 2023-01-01 | 5.305551598658398 |
| 2024-01-01 | 6.6934749993851295 |
| 2025-01-01 | 4.836274362904991 |
Mortgage Interest Rates — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2026-05-14 | 6.36 |
| 2026-05-21 | 6.51 |
| 2026-05-28 | 6.53 |
| 2026-06-04 | 6.48 |
| 2026-06-11 | 6.52 |
| 2026-06-18 | 6.47 |
| 2026-06-25 | 6.49 |
| 2026-07-02 | 6.43 |
| 2026-07-09 | 6.49 |
| 2026-07-16 | 6.55 |
| 2026-07-23 | 6.58 |
| 2026-07-30 | 6.66 |
| 2026-08-06 | 6.69 |
| 2026-08-13 | 6.67 |
| 2026-08-20 | 6.65 |
| 2026-08-27 | 6.66 |
| 2026-09-03 | 6.71 |
| 2026-09-10 | 6.76 |
| 2026-09-17 | 6.95 |
| 2026-09-24 | 7.03 |
| 2026-10-01 | 7.28 |
| 2026-10-08 | 7.4 |
| 2026-10-15 | 7.4 |
| 2026-10-22 | 7.32 |
Inflation Fed Policy — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 2.4264830315416708 |
| 2024-10-01 | 2.578844053871343 |
| 2024-11-01 | 2.719472461284833 |
| 2024-12-01 | 2.870690967509981 |
| 2025-01-01 | 2.9909783078999608 |
| 2025-02-01 | 2.8015834477613355 |
| 2025-03-01 | 2.381981462805549 |
| 2025-04-01 | 2.32538823025783 |
| 2025-05-01 | 2.3772651073680873 |
| 2025-06-01 | 2.680453865910226 |
| 2025-07-01 | 2.742618052167134 |
| 2025-08-01 | 2.9385917430316155 |
| 2025-09-01 | 3.0225715847133294 |
| 2025-11-01 | 2.6964439164939513 |
| 2025-12-01 | 2.653304114557753 |
| 2026-01-01 | 2.391201432150014 |
| 2026-02-01 | 2.4340041103732224 |
| 2026-03-01 | 3.2859577528651984 |
| 2026-04-01 | 3.7792458367415627 |
| 2026-05-01 | 4.166614684049641 |
| 2026-06-01 | 3.463530729385411 |
| 2026-07-01 | 3.303856050706311 |
| 2026-08-01 | 3.353016322755642 |
| 2026-09-01 | 3.7172508442689933 |
Tech Hiring Layoff Trends — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2024-09-01 | 1.7999999999999998 |
| 2024-10-01 | 1.3 |
| 2024-11-01 | 0.9000000000000001 |
| 2024-12-01 | 0.7000000000000001 |
| 2025-01-01 | 1.0 |
| 2025-02-01 | 1.2999999999999998 |
| 2025-03-01 | 1.3 |
| 2025-04-01 | 1.5999999999999999 |
| 2025-05-01 | 1.7 |
| 2025-06-01 | 1.9 |
| 2025-07-01 | 1.5000000000000002 |
| 2025-08-01 | 1.3 |
| 2025-09-01 | 1.1 |
| 2025-10-01 | 1.4000000000000001 |
| 2025-11-01 | 1.2999999999999998 |
| 2025-12-01 | 0.30000000000000004 |
| 2026-01-01 | 0.8999999999999999 |
| 2026-02-01 | 0.7999999999999998 |
| 2026-03-01 | 0.8999999999999999 |
| 2026-04-01 | 0.7999999999999998 |
| 2026-05-01 | 1.5 |
| 2026-06-01 | 0.8999999999999999 |
| 2026-07-01 | 1.2 |
| 2026-08-01 | 0.6 |
Demographic Shifts — Lake Elsinore, CA
U.S. Census Bureau: American Community Survey · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2014 | 26.416553775624074 |
| 2015 | 24.811062893943106 |
| 2016 | 26.22863404976176 |
| 2017 | 26.15383602368682 |
| 2018 | 24.398931654401572 |
| 2019 | 23.753913859723703 |
| 2020 | 20.79551083398203 |
| 2021 | 20.081237630815014 |
| 2022 | 19.166344595295936 |
| 2023 | 18.33404463680968 |
| 2024 | 17.057659578741088 |
New Construction Pipeline — Lake Elsinore, CA
U.S. Census Bureau: Building Permits Survey · Market-wide
| Period ending | Value (permits) |
|---|---|
| 2024-09-01 | 13.0 |
| 2024-10-01 | 12.0 |
| 2024-11-01 | 53.0 |
| 2024-12-01 | 19.0 |
| 2025-01-01 | 14.0 |
| 2025-02-01 | 15.0 |
| 2025-03-01 | 16.0 |
| 2025-04-01 | 47.0 |
| 2025-05-01 | 42.0 |
| 2025-06-01 | 43.0 |
| 2025-07-01 | 12.0 |
| 2025-08-01 | 14.0 |
| 2025-09-01 | 17.0 |
| 2025-10-01 | 1.0 |
| 2025-11-01 | 8.0 |
| 2025-12-01 | 15.0 |
| 2026-01-01 | 5.0 |
| 2026-02-01 | 9.0 |
| 2026-03-01 | 19.0 |
| 2026-04-01 | 75.0 |
| 2026-05-01 | 1.0 |
| 2026-06-01 | 54.0 |
| 2026-07-01 | 6.0 |
| 2026-08-01 | 6.0 |
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