Market Data for MARCH and APRIL 2007 - Rancho Santa Fe, CA

The summary market statistics from the MLS for Rancho Santa Fe for March and April 2007 are shown below.

Prices in Rancho Santa Fe continue to be the highest in San Diego County, on average. There is minimal inventory for attached homes and the marketing time is extremely long, on average (7 months), with a small number of sales in any given month. We continue to see a fairly large inventory of detached homes for sale in Rancho Santa Fe, which currently range up to $40 million.

Detached homes, as well, take a long time to sell - longer than in any other North County San Diego community, however this is common in the high end market, especially for luxury homes. There is a 1 1/2 year supply of detached homes at the current time, which is a 50% in the last year.

If I can provide more information about Rancho Santa Fe homes for sale, their housing market or related matters, please do not hesitate to let me know.

Links to Market Reports for other communities are at bottom of page. if you would like this information for any communities not listed, please let me know and I will get it for you.

AS OF MARCH 31, 2007

  ATTACHED HOMES 

  DETACHED HOMES  

Active

14

224

New on Market in March

4

60

Sold in Last 6 Months

4

74

Sold/Pending

In Last 6 months

8

114

Absorption Rate (Solds)

630 days

545 days

Average Days on Market

218

128

Median Price Change

From 1 Year Ago

-18%

16%

Median Price

$745,000

$2,875,000

% Change in MDN from Prior Month

0%

13%

Average Price

$819,500

$3,342,562

 

AS OF APRIL 30, 2007

  ATTACHED HOMES 

  DETACHED HOMES  

Active

14

235

New on Market in April

3

50

Sold in Last 6 Months

9

97

Absorption Rate (Solds)

280 days

436 days

Average Days on Market

92

121

Median Price Change

From 1 Year Ago

-24%

-17%

Median Price

$947,500

$2,751,175

% Change in MDN from Prior Month

13%

-5%

Average Price

$929,100

$3,225,863

 

MORE INFORMATION:

Fans of Coastal San Diego - a fun blog about living in the San Diego area. Stop by and add your own thoughts and recommendations.

Relocation A to Z - everything you need to know about relocation for buyers and sellers

First Time Buyer Central - for new AND experienced buyers

 

Click photo to link to my personal website to search active listings, download FREE buyer and seller reports, search for community resources and more.

 

 
 

3 Comments on Market Data for MARCH and APRIL 2007 - Rancho Santa Fe, CA

Any residents or interested buyers care to comment on the market in Ranch Santa Fe?

Jeff

05/26/2007 07:51 PM by Jeff Dowler ~ Carlsbad Real Estate (RE/MAX Associates)

I like your format..I need to spend more time on them..

05/26/2007 07:57 PM by Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (RE/MAX Premier Associates)

Thanks, Neal. I continue to add to the format all the time, or make modifications. It has taken time to get to this point.

Jeff

05/26/2007 08:00 PM by Jeff Dowler ~ Carlsbad Real Estate (RE/MAX Associates)

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Real Estate Agent: Jeff Dowler ~ Carlsbad Real Estate (RE/MAX Associates)
Jeff Dowler ~ Carlsbad Real Estate
Carlsbad, CA
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RE/MAX Associates

Office Phone: (760) 944-7629
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