Rancho Santa Fe Real Estate Market Snapshot (March-2011)

By
Real Estate Agent with Highland Home Watch CA00865259 AZBR663602000

Several circumstances in the greater global community have affected our financial markets, interest rates rose by 1/8% this last week. The key metrics below will provide some insight into the Rancho Santa Fe single family home, condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:                              

Rancho Santa Fe Single Family Homes

  • March, 2011: Rancho Santa Fe Homes for Sale: 283 (Active, contingent, and pending)
  • March, 2011: Rancho Santa Fe Months of Inventory: 17.7
  • February, 2011: Rancho Santa Fe Median Home Price $2,160,000; 2% lower than February, 2010
  • February, 2011: Rancho Santa Fe Homes Sold: 14; 7% lower than February, 2010

Rancho Santa Fe Condos and Townhomes

  • March, 2011: Rancho Santa Fe Condos for Sale: 16 (Active, contingent, and pending)
  • March, 2011: Rancho Santa Fe Months of Inventory (Condos): 8.7
  • February, 2011: Rancho Santa Fe Median Condo Price: $550,000; 0% change from February, 2010
  • February, 2011: Rancho Santa Fe Condos Sold:4; 0% difference from 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
Rancho Santa Fe Broker
Highland Realty

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