What’s the Value of My Rancho Santa Fe Home?
Rancho Santa Fe Home Sales for February 2025
Buyers and sellers in Rancho Santa Fe need current information about the local market conditions in order to make informed buying or selling decisions about Rancho Santa Fe homes for sale.
The Rancho Santa Fe housing market is the most expensive in San Diego County on average. The community offers large estates, gated communities, and luxury and equestrian properties on expansive lots, often measured in acres. When this report was written there were 24 homes listed for more than $10,000,000, with 1 for $100,000,000.
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Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego
Here’s what happened in the Rancho Santa Fe housing market in February based on information in the MLS (private sales are not included). The data are believed reliable when this report was written but are not guaranteed.
- There were 10 single family homes sold in February, nearly half the number sold in January. There were no townhome or condo sales.
- Sales prices ranged from $3,100,000 to $11,750,000.
- The average sales price of single family homes was $5,769,500, up 4% from the average sales price in January.
- The single family detached homes were on the market for an average of 18 days, with 4 homes selling in 1 week or less.
- The median sales price for single family homes was $4,955,000, down 1% from last month.
- On average, the single family homes sold for 95% of the original list price. 5 homes sold for asking price or higher.
- As of the end of February there were 3 homes in the Rancho Santa Fe housing market with an Active Under Contract status, versus 1 last month.
At the end of February there were 93 Rancho Santa Fe homes for sale (89 are single family detached homes), ranging in price from $1,845,000 to $100,000,000, up from 85 last month. This is a supply of 7.4 months for detached single family homes at the current rate of sales (based on a 3-month period), up from 6.6 months last month. At the time this report was written there were 4 condo and townhome listings, a supply of 3 months at the current rate of sales, up from 1.5 months last month.
The high end market continues to shift in Rancho Santa Fe and is now a buyer’s market for single family homes, luxury properties and estates. However, Rancho Santa Fe is a strong seller’s market for buyers of condos, townhomes and duplexes with only 4 available listings.
33 Rancho Santa Fe homes were listed in February compared to 40 last month. The number of homes going pending increased slightly by 2 to 12 (this excludes homes that closed escrow in February).
If you would like more detailed information about the Rancho Santa Fe housing market regarding current activity, as well as for specific areas such as Fairbanks Ranch and the Covenant, please reach out to me directly or via text at (760) 840-1360.
I am happy to discuss your particular housing needs, lifestyle, budget, and questions, and help you create a strategy to buy your new Rancho Santa Fe home when the time is right for you.
If you are considering selling your Rancho Santa Fe home let’s discuss your plans and timing. I’ll also provide a market and equity analysis for your home. Then we’ll develop a plan to get your home sold, for the best price, terms, and conditions, in the time frame that works for you.
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