What’s the Value of My Rancho Santa Fe Home?
Rancho Santa Fe Home Sales for April 2025
It’s important that buyers and sellers in Rancho Santa Fe have current information about local market conditions so they can make well-informed buying or selling decisions about Rancho Santa Fe homes for sale.
On average, the Rancho Santa Fe housing market is the most expensive in San Diego County. Here 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 27 homes listed for over than $10,000,000, including 1 at $84,950,000.
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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 April based on data in the MLS (private sales are not included). The information is believed reliable when this report was written but is not guaranteed.
- There were 16 single family homes sold in April, 2 more than the number sold in March. There were 2 condo sales versus 3 sales last month.
- Sales prices ranged from $2,100,000 to $13,250,000.
- The average sales price of single family homes was $5,361,562, up by 8% from the average sales price in March. The average price for the 2 condo sales was $2,112,500, up 23%.
- The single family detached homes were on the market for an average of 58 days, with 5 homes selling in 1 week or less. 5 homes, however, took over 100 days before going pending and 1 took 350 days to sell.
- The 2 condos took 12 and 43 days to sell.
- The median sales price for single family homes was $4,010,000, down 17% from last month.
- On average, single family homes sold for 96% of the original list price. 5 of the homes sold for asking price or higher. 1 of the 2 condos sold for full price.
- As of the end of April there were 2 homes in the Rancho Santa Fe housing market with an Active Under Contract status, compared to 1 last month.
At the end of April there were 118 Rancho Santa Fe homes for sale (111 are single family detached homes), ranging in price from $1,310,000 to $84,950,000, up from 100 last month. This is a supply of 8.1 months for detached single family homes at the current rate of sales (based on a 3-month period), up from 6.5 months last month. At the time this report was written there were 7 condo and townhome listings, a supply of 4.2 months at the current rate of sales, up from 3.8 months last month.
The high end market continues to shift in Rancho Santa Fe and is a buyer’s 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 7 available listings.
54 Rancho Santa Fe homes were listed in April compared to 30 last month. The number of homes going pending also increased modestly by 3 to 14 (this excludes homes that closed escrow in April).
If you would like more detailed information about the Rancho Santa Fe housing market regarding recent 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 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 March 2025
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