What’s My Rancho Santa Fe Home Worth? Market Report for April 2022

By
Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

What’s the Value of My Rancho Santa Fe Home?

Rancho Santa Fe Home Sales for April 2022

 

Rancho Santa Fe Country ClubIt’s essential that sellers and buyers in the Rancho Santa Fe real estate market have current information about local market conditions so they can make educated decisions about Rancho Santa Fe homes for sale, whether selling, buying, or investing. 

 

On average, the Rancho Santa Fe housing market is the most expensive community in San Diego County. There are large estates, gated communities, and luxury and equestrian properties on expansive lots that often are measured in acres. At the time of this report there are 16 properties priced at more than $10,000,000, with 1 listed for $98,500,000!

 

LEARN MORE ABOUT RANCHO SANTA FE: 

 Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego

 

Here is a summary of the Rancho Santa Fe housing market for April 2022 based on data from the MLS (private sales are not included). These data are considered reliable at the time this report was written but are not guaranteed.

 

  • There were 31 single family homes sold in April, 82% more sales than last month! There were 3 condo/townhomes sales in April, the same as in March.
  • Sales prices ranged from $1,350,000 to $16,500,000
  • The average sales price of the single family homes was $5,732,641, up 25% from the average sales price in March. The condo and townhome sales averaged $1,416,666.
  • Single family homes were on the market an average of 27 days, with 11 selling in 1 week or less; 2 of the condo and townhome sales happened in less than 1 week, but with 1 taking 13 days go pending.
  • The median sales price for single family homes was $4,795,000, down 2%. The median was $1,400,000 for condos and townhomes.
  • On average single family homes sold for 98% of the original asking price. Overall, 15 Rancho Santa Fe properties sold for over asking price.
  • As of the end of April there were 3 homes in the Rancho Santa Fe housing market with an Active Under Contract status, compared to 2 last month.

 

At the end of April 2022 there were 56 Rancho Santa Fe homes for sale (all are single family detached homes), ranging in price from $1,850,000 to $98,500,000, up by 6 from last month. This is a supply of 2.3 months for single family homes at the current rate of sales (based on a 3-month period), down from 2.6 months in March.

 

Homes in Rancho Santa Fe CA

 

The high end market has continued to evolve in Rancho Santa Fe, and remains a strong sellers’ market for single family homes, luxury properties and estates. At the time this report was compiled there were no condo or townhome listings.

 

The number of Rancho Santa Fe homes coming on the market in April declined from last month from 35 to 24. Similarly, the number of homes going pending also decreased, from 30 to 16 (excluding homes that closed escrow in April).

 

If you would like more detailed information about the Rancho Santa Fe housing market regarding current activity, as well as for particular areas such as Fairbanks Ranch and the Covenant, please reach out to me via call or text at (760) 840-1360

 

I am happy to discuss your specific housing needs, lifestyle, and budget, and help you develop a strategy to buy your new Rancho Santa Fe home.

 

If you are considering selling your Rancho Santa Fe home I am happy to discuss your particular plans and timing, and provide a free market and equity analysis. Then we can develop a plan to get your home sold in the time frame that works for you, for the best price, terms, and conditions!

 

SEARCH RANCHO SANTA FE HOMES FOR SALE

 

READ MORE:

What’s my Rancho Santa Fe Home Worth? Homes for Sale for March 2022

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


Call or Text
(760) 840-1360

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Enjoy the beach life in Carlsbad, Oceanside, Encinitas,
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Comments (7)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thank you for the great information in your blog today to share with us here on the Rain.  Make it a great day! bill

May 17, 2022 12:32 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Thanks for coming by to read and comment Bill Salvatore - East Valley Hope your day is going well!

Jeff

May 17, 2022 02:11 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

If I would find myself in your area I would love a Real Estate tour Jeff Dowler, CRS . If you moved the decimal point over one to the left those numbers may be closer to ours 😄.

May 17, 2022 02:15 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Bob "RealMan" Timm 

I would be pleased to give you a guided tour, of real estate and other stuff!

Yes, RSF is a pretty expensive community, not just in our area but nationally.

Jeff

May 17, 2022 07:55 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Rancho Santa Fe home buyers and sellers are sure to value your real estate market report, Jeff.

May 18, 2022 05:39 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Wednesday morning, Jeff.

I hope you are having a very productive week.

May 18, 2022 05:39 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Myrl Jeffcoat  Thank you for the kind words - I sure hope so.

Roy Kelley  Thank you for stopping by. Hope all is well.

Jeff

May 18, 2022 08:15 PM