Tue Mar 02 2021
This week the median list price for Rancho Santa Fe, CA 92067 is $5,499,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 93.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$5,499,000|
|Per Square Foot||$721|
|Days on Market||119|
|Slight Buyer'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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$11,500,000||10,460||2.5 - 5 acres||6||7||14||0||1||196|
|$6,495,000||9,458||2.5 - 5 acres||6||6||22||0||0||140|
|$4,795,000||6,910||2.5 - 5 acres||5||5||28||1||3||112|
|$2,945,000||4,109||1 - 2.5 acres||4||4||31||3||5||52|