Interest rates moved up slightly, what will this do the recovering real estate market? Stay tuned. Locally, the key metrics below for some insight into the Scripps Ranch Homes for Sale, and condo/townhome market:
Scripps Ranch Single Family Homes
- February, 2014: Scripps Ranch Homes for Sale: 75 (Active, contingent, and pending)
- February, 2014: Scripps Ranch Months of Inventory: 2.7
- January, 2014: Scripps Ranch Median Home Price $805,000; 20% higher than January, 2013
- January, 2014: Scripps Ranch Homes Sold: 20; 18% higher than January, 2013
Scripps Ranch Condos and Townhomes
- February, 2014: Scripps Ranch Condos for Sale: 47 (Active, contingent, and pending)
- February, 2014: Scripps Ranch Months of Inventory (Condos): 3.0
- January, 2014: Scripps Ranch Median Condo Price: $390,000; 11% higher than January, 2013
- January, 2014: Scripps Ranch Condos Sold: 13; 8% higher than January, 2013
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 Scripps Ranch Real Estate Report any time.
Thank you for reading!
Stephen MacLeod
Broker/OwnerHighland Realty
Scripps Ranch Realtor®
858.472.5224
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