Greetings!
Interest rates moved down slightly this week, looks like summer is not the only thing getter hotter. Locally, the key metrics below for some insight into the Scripps Ranch Homes for Sale, and condo/townhome market:
Scripps Ranch Single Family Homes
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March, 2014: Scripps Ranch Homes for Sale: 96 (Active, contingent, and pending)
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March, 2014: Scripps Ranch Months of Inventory: 3.5
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February, 2014: Scripps Ranch Median Home Price $745,000; 16% higher than February, 2013
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February, 2014: Scripps Ranch Homes Sold: 13; 24% lower than February, 2013
Scripps Ranch Condos and Townhomes
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March, 2014: Scripps Ranch Condos for Sale: 41 (Active, contingent, and pending)
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March, 2014: Scripps Ranch Months of Inventory (Condos): 2.6
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February, 2014: Scripps Ranch Median Condo Price: $353,000; 14% higher than February, 2013
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February, 2014: Scripps Ranch Condos Sold: 15; 50% higher than February, 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 San Diego Market Report Report any time.
Thank you for reading!
Stephen MacLeod
Broker/Owner Highland Realty
Scripps Ranch Realtor®
858.472.5224
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