Carlsbad Real Estate News and Views

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What’s My Rancho Santa Fe Home Worth? Home Sales for June 2018

What’s the Value of My Rancho Santa Fe Home?

Rancho Santa Fe Real Estate Market Report for June 2018

 

Rancho sant Fe Country ClubIt’s important for buyers and sellers in the Rancho Santa Fe real estate market to have up to date information about the current local market conditions to be able to make informed decisions about Rancho Santa Fe homes for sale whether buying, selling or investing.

 

The Rancho Santa Fe housing market is the most expensive community, on average, in San Diego County, with large estates, gated communities, and luxury and equestrian properties on expansive lots. Indeed, 2 of the more expensive listings in San Diego County, one at $28,000,000 and one range-priced from $33,963,000 - $39,963,000, are still active in RSF.

 

READ MORE ABOUT RANCHO SANTA FE: 

 Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego

 

Here is a summary of the Rancho Santa Fe housing market for June 2018 based on information from the MLS (private sales are not included). These data are deemed reliable at the time of this report but are not guaranteed.

 

  •         Sales of detached homes for June rose significantly from May to 26 sales (up 63%). There were 2 attached home sales in June, compared to 4 last month. 29% of the transactions were cash, compared to 60% in May.
  •         The average sales price of the detached homes sold was $2,765,632, an increase by 28% from the May average sales price (in large part due to the sale of 8 homes at over $3M). The average sales price of the attached homes was $853,240, down 10%.The median sales price for detached homes was $2,747,500 (up 50%).
  •         Average marketing time for the detached homes was 75 days compared to 62 in May, but only 19 days for the attached homes compared to 11 last month.
  •         The detached homes sold, on average, for 93% of asking price, with 4 selling at asking. 1 attached home sold at list price.
  •         As of the end of June there were 2 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., typically there are short sale and REO homes that had offers being reviewed by the lenders) the compared to 2 last.

 

As of the end of June 2018 there were 235 Rancho Santa Fe homes for sale (97% of these are detached single family homes), another increase in inventory, by 3% from last month. This represents an inventory of 3 months for attached homes (up from 1.4 months in May) and 11.2 months for detached homes at the current rate of sales (based on a 6-month period), up from 10.6 months last month

.

The high end market continues to shift in Rancho Santa Fe, and is a market that still favors buyers for detached single family homes, luxury properties and estates, but is a very strong seller’s market for buyers of attached homes (condos and town homes) due to very limited inventory.

 

The number of Rancho Santa Fe homes coming on the market in June (48) was down 27% from last month. The number of homes going pending in June, 22 (excluding those that closed escrow), was also a decrease, by 33%, from May pendings!

 

Racnho Santa Fe homes

 

Data are based on MLS information for homes that went under contract in the last couple of months or sold in June. If you would like more details about the Rancho Santa Fe real estate market with regard to current activity as well as the specific areas such as Fairbanks Ranch and the Covenant, please call me at (760) 840-1360.

 

I am happy to discuss your housing needs and budget, and help you develop a strategy to buy your new Rancho Santa Fe home in 2018.

 

And if you wish to sell your Rancho Santa Fe home we can discuss your plans and timing, review my free market analysis, and create a strategy to get your home sold in the time frame that works for you!

 

SEARCH RANCHO SANTA FE HOMES FOR SALE

 

READ MORE:

What’s my Rancho Santa Fe Home Worth? Homes for Sale for May 2018

 

My Jeff Dowler signature

 

**************************************

 CHECK OUT THESE USEFUL REAL ESTATE & COMMUNITY LINKS BELOW

 

Click to Search for All San Diego Homes

At Home In Carlsbad blog

 

365 Things to Do in Carlsbad (and Nearby) on Facebook   

Jeff Dowler's Flickr Profile  Jeff Dowler's Facebook Profile   Jeff Dowler's YouTube Profile    Jeff Dowler's Twitter Profile   Jeff Dowler's LinkedIn Profile

 

      CRS Designation Logo

 

ALL ABOUT THE SOUTHERN CALIFORNIA RELOCATION DUDE (link)

 

If I can provide more information about homes for sale in Carlsbad and in surrounding areas, the housing market in general (or locally), or otherwise assist you, friends or family in a home search or sale, please contact my mobile office or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com

Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and San Diego

All content ©Copyright by Jeff Dowler. All rights reserved.

Comment balloon 4 commentsJeff Dowler, CRS • July 13 2018 03:41AM
What’s My Rancho Santa Fe Home Worth? Home Sales for June 2018
share
What’s the Value of My Rancho Santa Fe Home? Rancho Santa Fe Real Estate Market Report for June 2018 It’s important for buyers and sellers in the Rancho Santa Fe real estate market to have up to date information about the current local market… more
What’s my Encinitas Home Worth? Encinitas Homes for Sale in June 2018
share
What’s the Value of my Encinitas Home? Encinitas Market Report for June 2018 Buyers and sellers in the Encinitas real estate market need to understand local market conditions in order to make informed decisions about Encinitas homes for sale … more
What is My Oceanside Home Worth? Oceanside Home Sales for June 2018
share
What's the Value of My Oceanside Home? Oceanside Real Estate Market Report for June 2018 The Oceanside real estate market continues to evolve. This market report does not include private sales or manufactured, mobile or multifamily housing; the… more
Opening Day at the Del Mar Races 2018 is July 18th
share
The 2018 Del Mar Races Open on Wednesday July 18th The 2018 thoroughbred racing season at the Del Mar Race Track is almost here, with Opening Day less than 2 weeks away. Thoroughbred racing at the Del Mar Race Track opens Wednesday July 18 at… more
What’s My Carlsbad Home Worth? Carlsbad Home Sales for June 2018
share
What’s the Value of My Carlsbad Home? Carlsbad Market Report for June 2018 The Carlsbad real estate market continues to change, with several shifts from last month and from 1 year ago. These data do not include private sales or manufactured/mobile… more
Smiling on a Saturday - The Orioles' Nest
share
Smiling on a Saturday - The Orioles' Nest We have orioles (the Hooded kind ) every year beginning in March, and this year finally bought feeders they can use which serve double duty for all the hummingbirds. We also added the jelly feeders… more
OPEN HOUSE at 4537 Hartford Place in Carlsbad July 8
share
OPEN HOUSE at 4537 Hartford Place July 8 The Cape at Calavera Hills Here’s your chance to see this beautiful 4-bedroom town home in the Calavera Hills area of Carlsbad, about 4 miles from Carlsbad Village and our fabulous beaches, at the OPEN… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report June 2018
share
What’s the Value of My Cardiff-by-the-Sea Home? Home Sales for June 2018 Buyers and sellers in the Cardiff real estate market need accurate and up to date information about local and current market conditions so they can make informed decisions… more
Carlsbad Home Buyers Ask - What Is a Counter Offer?
share
Real Estate-Ese – What Is a Counter Offer Buying a Carlsbad home is a tough job in our competitive market, whether you are a first time home buyer or an experienced one. One thing you need to know about the offer process is the counter offer. … more
Q2 2018 Market Report - Single Family Detached Homes Carlsbad 92010
share
Market Report for Q2 2018 Single Family Detached Homes in Carlsbad 92010 The 2nd quarter of 2018 has been a busy year in the real estate market in the Carlsbad 92010 area, but with some shifts from Q2 in 2017. Here we take a look at what happened… more