The Clements Group Market Report
Rancho Santa Fe, CA 92067
Single-Family Homes
Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com
Rancho Santa Fe, CA 92067
Tue May 11 2021
This week the median list price for Rancho Santa Fe, CA 92067 is $5,991,500 with the market action index hovering around 36. This is an increase over last month's market action index of 31. Inventory has decreased to 80.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $5,991,500 | |
| Median Price of New Listings | $5,395,000 | |
| Per Square Foot | $694 | |
| Average Days on Market | 189 | |
| Median Days on Market | 70 | |
| Price Decreased | 18% | |
| Price Increased | 4% | |
| Relisted | 23% | |
| Inventory | 80 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $12,995,000 | 10,010 | 5 - 10 acres | 6 | 7 | 14 | 3 | 0 | 73 |
| $6,822,500 | 10,059 | 2.5 - 5 acres | 6 | 7 | 15 | 2 | 1 | 199 |
| $5,482,500 | 8,218 | 1 - 2.5 acres | 5 | 6 | 23 | 5 | 2 | 80 |
| $2,995,000 | 4,815 | 1 - 2.5 acres | 4 | 4 | 30 | 5 | 4 | 38 |