Rancho Bernardo Real Estate Market Review (March-2011)
It is tax season again, perhaps it's time to consider investing into real estate. In Rancho Bernardo the following statistics will provide some insight into the single family and condo/townhome market:
Rancho Bernardo Single Family Homes
- March, 2011: Rancho Bernardo Homes for Sale: 277 (Active, contingent, and pending)
- March, 2011: Rancho Bernardo Months of Inventory: 6.2
- February, 2010: Rancho Bernardo Median Home Price $479,000; 10% lower than February, 2010
- February, 2010: Rancho Bernardo Homes Sold: 28; 15% lower than February, 2010
Rancho Bernardo Condos and Townhomes
- March, 2011: Rancho Bernardo Condos for Sale: 253 (Active, contingent, and pending)
- March, 2011: Rancho Bernardo Months of Inventory (Condos): 7.1
- February, 2010: Rancho Bernardo Median Condo Price: $229,000; 3% lower than February, 2010
- February, 2010: Rancho Bernardo Condos Sold: 26; 4% lower than February, 2010
This snapshot is a quick summary from The North county Real Estate Report, a free 23 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issue and subscribe to The North County Real Estate Report any time.
Thank you for reading!
Stephen MacLeod
Broker/Owner
Highland Realty
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