What’s the Value of My Rancho Santa Fe Home?
Home Sales for March 2025
Buyers and sellers in Rancho Santa Fe should have up-to-date information about the local market conditions so they can make educated 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 in general. You’ll find large estates, gated communities, and luxury and equestrian properties on expansive lots, often measured in acres. When this report was written there were 29 homes listed for over than $10,000,000, with 1 for $84,950,000.
LEARN MORE ABOUT RANCHO SANTA FE:
Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego
Here’s what happened in the Rancho Santa Fe housing market in March based on information taken from the MLS (private sales are not included). The data are believed reliable when this report was written but are not guaranteed.
- There were 14 single family homes sold in March, 4 more than the number sold in February. There were 3 condo sales versus no sales last month.
- Sales prices ranged from $1,500,000 to $9,760,000.
- The average sales price of single family homes was $4,975,806, down 14% from the average sales price in February. The average price for the 3 condos sales was $1,710,666.
- The single family detached homes were on the market for an average of 72 days, with 3 homes selling in 1 week or less. 5 homes, however, took over 100 days to go pending.
- The 3 condos took an average of 16 days to sell.
- The median sales price for single family homes was $4,840,000, down 2% from last month. The median price for the condos was $1,632,000.
- On average, single family homes sold for 92% of the original list price. 3 homes sold for asking price or higher. The condos sold for an average of 87% of the original asking price.
- As of the end of March there was 1 home in the Rancho Santa Fe housing market with an Active Under Contract status, compared to 3 last month.
At the end of March there were 100 Rancho Santa Fe homes for sale (95 are single family detached homes), ranging in price from $2,099,000 to $84,950,000, up from 93 last month. This is a supply of 6.5 months for detached single family homes at the current rate of sales (based on a 3-month period), down from 7.4 months last month. At the time this report was written there were 5 condo and townhome listings, a supply of 3.8 months at the current rate of sales, up from 3 months last month.
The high end market continues to shift in Rancho Santa Fe and is a balanced market for single family homes, luxury properties and estates. However, Rancho Santa Fe is a seller’s market for buyers of condos, townhomes and duplexes with only 4 available listings.
30 Rancho Santa Fe homes were listed in March compared to 33 last month. The number of homes going pending decreased slightly by 1 to 11 (this excludes homes that closed escrow in March).
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 by text at (760) 840-1360.
I am happy to discuss your personal housing needs, lifestyle, budget, and questions, and help you develop 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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READ MORE:
What’s my Rancho Santa Fe Home Worth? Homes for Sale for February 2025
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