Market Report
Rancho Santa Fe, CA
Single-Family Homes
Chartwell Escrow
Rancho Santa Fe, CA
Thu Sep 21 2023
This week the median list price for Rancho Santa Fe, CA is $6,890,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has decreased to 81.
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 | $6,890,000 | |
| Median Price of New Listings | $5,495,000 | |
| Per Square Foot | $964 | |
| Average Days on Market | 196 | |
| Median Days on Market | 77 | |
| Price Decreased | 28% | |
| Price Increased | 0% | |
| Relisted | 10% | |
| Inventory | 81 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $15,625,000 | 10,564 | 2.5 - 5 acres | 6 | 7.5 | 16 | 0 | 0 | 94 |
| $8,845,000 | 9,425 | 2.5 - 5 acres | 5 | 7 | 21 | 1 | 0 | 87 |
| $5,745,000 | 6,735 | 1 - 2.5 acres | 5 | 5.5 | 30 | 3 | 4 | 77 |
| $4,195,000 | 4,419 | 1 - 2.5 acres | 4 | 4.5 | 38 | 1 | 4 | 63 |