Sat Jul 31 2021
This week the median list price for Rancho Santa Fe, CA 92067 is $5,996,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 72.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$5,996,500|
|Median Price of New Listings||$2,922,500|
|Per Square Foot||$745|
|Average Days on Market||205|
|Median Days on Market||77|
|Slight Seller's Advantage|
While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$13,995,000||10,293||5 - 10 acres||6||7||14||0||0||122|
|$7,750,000||9,683||2.5 - 5 acres||6||7||14||0||0||182|
|$4,995,000||7,668||1 - 2.5 acres||5||6||29||1||3||42|
|$3,072,500||4,530||1 - 2.5 acres||4||3||26||5||4||28|