Admin

Rancho Bernardo Real Real Estate Market Review (August-2011)

By
Real Estate Agent with Highland Home Watch CA00865259 AZBR663602000

Rancho Bernardo Real Real Estate Market Review  (August-2011)

Financial note; high balance loan limits will soon be lowered to $625,500 from the current $729,750 level. The key metrics below will provide some insight into the Rancho Bernardo single family home and  condo/townhome market:                        

Rancho Bernardo Single Family Homes

 

  • August, 2011: Rancho Bernardo Homes for Sale: 338 (Active, contingent, and pending)
  • August, 2011: Rancho Bernardo Months of Inventory: 8.2
  • March, 2011: Rancho Bernardo Median Home Price $509,000; 5% lowerer than July, 2010
  • July, 2011: Rancho Bernardo Homes Sold: 45; 13% lower than July, 2010

Rancho Bernardo Condos and Townhomes

  • August, 2011: Rancho Bernardo Condos for Sale: 263 (Active, contingent, and pending)
  • August, 2011: Rancho Bernardo Months of Inventory (Condos): 7.4
  • July, 2011: Rancho Bernardo Median Condo Price: $223,000; 21% lower than July, 2010
  • July, 2011: Rancho Bernardo Condos Sold: 33; 18% lower than July, 2010

This snapshot is a quick summary from The North county Real Estate Report, a free 34 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 your patronage!

Stephen MacLeod
Rancho Bernardo Realtor®
Highland Realty

Comments(1)

Show All Comments Sort:
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

509k for Rancho Bernando for median has dropped from the good ole' days... Good deal for buyers in your area.

Aug 30, 2011 04:23 PM