Rancho Santa Fe Real Estate Market Report for November 2010

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying or selling a Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County. Knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for November 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

The number of detached homes sold in Rancho Santa Fe declined over the prior month, and average prices for detached homes increased. For the 2^nd month in a row there were several attached home sales occurring after 3 months of no closings.

As of the end of November there were 12 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below. We are seeing more high end homes (over $1 million) that are short sales and REOs with offers being reviewed.

As of November 2010 there were 274 Ranch Santa Fe homes for sale (96% of these are detached), 7% less than last month, the 3^rd month of inventory decline, perhaps not surprising at this time of year. This represents an inventory of 5.5 months for attached homes (up from 4.9 months in October), and 16.8 months for detached homes at the current rate of sales (based on a 6-month period), which is down from 17.4 months in October.

The number of Rancho Santa Fe homes coming on the market in November declined again: 25 as opposed to 34 last month, with 20 homes going pending during the same period, 1 more than in October.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for October 2010

Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for September 2010

Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for August 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for July 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for June 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for May 2010

Rancho Santa Fe Real Estate Market Report for October 2010

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying or selling a Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County. Knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for October 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

*Note: There were no attached sales in June, July, August, or September for comparison to October statistics

The number of detached homes sold in Rancho Santa Fe increased again over the prior month, and average prices for detached homes increased. After 3 months we saw sales of attached homes occurring.

 As of the end of October there were 13 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below. We are seeing more high end homes (over $1 million) that are short sales and REOs with offers being reviewed.

As of October 2010 there were 302 Ranch Santa Fe homes for sale (97% of these are detached), 6% less than last month, another decline. This represents an inventory of 4.9 months for attached homes (down from 6 months in September), and 17.4 months for detached homes at the current rate of sales (based on a 6-month period), which is up slightly from 17.4 months in September.

The number of Rancho Santa Fe homes coming on the market in October declined: 34 as opposed to 37 last month, with 19 homes going pending during the same period, 2 more than in September.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for September 2010

Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for August 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for July 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for June 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for May 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for April 2010

Rancho Santa Fe Real Estate Market for September 2010

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying or selling a Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County. Knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for September 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

Note: There were no attached sales in June, July or August for comparison to September statistics

The number of detached homes sold in Rancho Santa Fe increased significantly from last month, and average prices increased substantially as well. For the third month in a row there were no attached home sales.  

As of the end of September there were 15 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below. We are seeing more high end homes (over $1 million) that are short sales and REOs with offers being reviewed.

As of September 2010 there were 322 Ranch Santa Fe homes for sale (97% of these are detached), 8% less than last month. This represents an inventory of 6 months for attached homes (no change from August), and 17.2 months for detached homes at the current rate of sales (based on a 6-month period), which is down from 19 months in August.

The number of Rancho Santa Fe homes coming on the market in September declined: 37 as opposed to 57 last month, with 17 homes going pending during the same period, 5 more than in August.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Homes for Sale | Rancho Santa Fe Real Estate Market Report for August 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for July 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for June 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for May 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for April 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for March 2010

Rancho Santa Fe Real Estate Market for August 2010

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying or selling a Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County. Knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for August 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

Note: There were no attached sales in June or July for comparison to August statistics

The number of detached homes sold in Rancho Santa Fe decreased significantly from last month, while average prices increased. For the second month in a row there were no attached home sales.  

As of the end of August there were 14 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below. We are seeing more high end homes that are short sales and REOs with offers being reviewed.

As of August 2010 there were 350 Ranch Santa Fe homes for sale (96% of these are detached), 30% more than last month. This represents an inventory of 6 months for attached homes (down from 7.6 in July), and 19 months for detached homes at the current rate of sales (based on a 6-month period), which is up substantially from 15.6 months in July.

The number of Rancho Santa Fe homes coming on the market in August rose slightly: 57 as opposed to 55 last month, with 12 homes going pending during the same period, 1 more than in July.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for July 2010

Rancho Santa Fe Homes for Sale - Rancho Santa Fe Real Estate Market Report for June 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for May 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for April 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for March 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for February 2010

Rancho Santa Fe Real Estate Market for July 2010

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying or selling a Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County. Knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for July 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

Note: There were no attached sales in June for comparison to July statistics

The number of homes sold in Rancho Santa Fe rose over last month by 4 (about 27%), with a decline in detached home sales, but a jump in attached home sales from 0 to 6.  Average prices also increased for detached homes after reaching the lowest average in many months.

 As of the end of July there were 10 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below.

As of July 2010 there were 270 Ranch Santa Fe homes for sale (96% of these are detached), a decline of 15% from last month. This represents an inventory of 7.6 months for attached homes (down from 12 in June), and 15.6 months for detached homes at the current rate of sales (based on a 6-month period), which is down substantially from 17.9 months in June.

Fewer Rancho Santa Fe homes came on the market in July: 55 as opposed to 61 last month, with 11 homes going pending during the same period, about the same (31% less) than in May.

While higher end homes are selling in the Rancho Santa Fe real estate market (relative to their average price), all the sales thus far this year remain under $10 million. There are currently 13 homes on the market in the $10 to $30 million range, some of which have been on the market well over 1 year.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for June 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for May 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for April 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for March 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for February 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for January 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for September 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for August 2009

Rancho Santa Fe Real Estate Market Report 

for May 2010

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying a home in Rancho Santa Fe, or selling your Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County, and knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for May 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

The number of homes sold in Rancho Santa Fe declined modestly from last month, and average sales prices also shifted downward across the board. Average prices were the lowest they have been since at least September 2009. As is common in expensive communities, the marketing time has remained fairly high but declined for the third month in a row.

 As of the end of May there were 17 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below.

As of May 2010 there were 317 Ranch Santa Fe homes for sale (93% of these are detached), an increase of 5% over last month. This represents an inventory of 16.5 months for attached homes (up from 12.1 in April), and 23.3 months for detached homes at the current rate of sales (based on a 6-month period), which is up from 19.3 months in April.

A few more Rancho Santa Fe homes came on the market in May: 59 as opposed to 54 last month, with17 homes going pending during the same period, a decrease of 23% over April pendings.

While higher end homes are selling in the Rancho Santa Fe real estate market (relative to their average price), all the sales thus far this year are under $10 million. There are currently 12 homes on the market in the $10 to $30 million range, some of which have been on the market more than 1 year.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for April 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for March 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for February 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for January 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for December 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for November 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for October 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for September 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for August 2009

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 If I can provide more information about Rancho Santa Fe real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying a home in Rancho Santa Fe, or selling your Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County, and knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

READ MORE:

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for April 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

The number of homes sold in Rancho Santa Fe almost doubled over last month's sale volume, with average sales prices shifting upwards across the board. As is common in expensive communities, the marketing time has remained fairly high but declined for the third month in a row.

 As of the end of April there were 15 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed) and, thus, are included in the Active statistics below.

As of April 2010 there were 303 Ranch Santa Fe homes for sale (92% of these are detached), just 1 more home than last month. This represents an inventory of 12 months for attached homes (down from 13.1 in March), and 19.7 months for detached homes at the current rate of sales (based on a 6-month period), which is down from 20.8 months in March.

Fewer Rancho Santa Fe homes came on the market in April: 54 as opposed to 63 last month, with 22 homes going pending during the same period, what is an increase of 47% over March pendings.

While higher end homes are selling in the Rancho Santa Fe real estate market (relative to their average price), all the sales thus far this year are under $10 million. There are currently 10 homes on the market in the $10 to $30 million range, some of which have been on the market more than 1 year.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for March 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for February 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for January 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for December 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for November 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for October 2009

Rancho Santa Fe Real Estate  - Rancho Santa Fe Real Estate Market Report for September 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for August 2009

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WANNA GOOGLE ME?

                       Subscribe in a reader

 If I can provide more information about Rancho Santa Fe real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying a home in Rancho Santa Fe, or selling your Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County, and knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for MArch 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

The number of homes sold in Rancho Santa Fe declined from last month, with average sales prices shifting up for detached homes. As is common in expensive communities, the marketing time remains fairly high but declined again, following a drop from January to February.

 As of the end of March there were 15 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed by the lenders), 4 more than last month. Until approved these homes are considered active and, thus, are included in the Active statistics below.

As of March 2010 there were 302 Ranch Santa Fe homes for sale (92% of these are detached), up 10% from last month. This represents an inventory of 13.1 months for attached homes (up from 10.2 in February), and 22.8 months for detached homes at the current rate of sales (based on a 6-month period), which is up from 21 months from February.

More Rancho Santa Fe homes came on the market in March, 63 as opposed to 57 last month, with fewer homes going pending during the same period, down 40% from the number of pendings in February.

While higher end homes are selling in the Rancho Santa Fe real estate market (relative to their average price), all the sales thus far this year are under $10 million. There are currently 10 homes on the market in the $10 to $30 million range, some of which have been on the market more than 1 year.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for February 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for January 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for December 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for November 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for October 2009

Rancho Santa Fe Real Estate  - Rancho Santa Fe Real Estate Market Report for September 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for August 2009

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WANNA GOOGLE ME?

                       Subscribe in a reader

 If I can provide more information about Rancho Santa Fe real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying a home in Rancho Santa Fe, or selling your Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County, and knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

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

Walkable Neighborhoods - Rancho Santa Fe Real Estate Near Ranch Santa Fe Village

Rancho Santa Fe Homes - The Crosby: Golf Community Extraordinaire

Here is a summary of the Rancho Santa Fe real estate market for February 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

The number of homes sold in Rancho Santa Fe increased over January sales, while average sales prices declined fairly significantly for detached homes (no attached homes were sold). As is common in expensive communities, the marketing time remains fairly high but declined by about 30% on average; 3 of the homes were short sales and 2 were REOs.

 As of the end of February there were 11 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed by the lenders), 4 less than last month. Until approved these homes are considered active and, thus, are included in the Active statistics below.

As of February 2010 there were 275 Ranch Santa Fe homes for sale (94% of these are detached), up by 4 from last month following declines in both January and December. This represents an inventory of 10.2 months for attached homes (up from 7.8 in January), but 21 months for detached homes at the current rate of sales (based on a 6-month period), which is down modestly from 22.1 months from last month.

Significantly more Rancho Santa Fe homes came on the market in February, 57 as opposed to 42 last month, with 25 homes going pending during the same period, over double the number of pendings in January.

While higher end homes are selling in the Rancho Santa Fe real estate market (relative to their average price), all the sales thus far this year are under $10 million. There are currently 10 homes on the market in the $10 to $30 million range, some of which have been on the market more than 1 year.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for January 2010

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for December 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for November 2009

Rancho Santa Fe Real Estate - Rancho Santa Fe Real Estate Market Report for October 2009

Ranch Santa Fe Real Estate Market Report for September 2009

Rancho Santa Fe Real Estate Market Report for August 2009

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If I can provide more information about Rancho Santa Fe real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

As a buyer or seller in the Rancho Santa Fe real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying a home in Rancho Santa Fe, or selling your Rancho Santa Fe home. 

The Rancho Santa Fe real estate market is very localized, and the most expensive community, on average, in San Diego County, and knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky. 

READ MORE:  Rancho Santa Fe - Luxury Residential Community in SouthernCalifornia

Here is a summary of the Rancho Santa Fe real estate market for October 2009 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed. 

*Only 1 home sold so no average calculated nor change in average pricing.

The number of homes sold in Rancho Santa Fe in October was just slightly less than in the previous month. As is common in expensive communities, the marketing time remains fairly high and, in fact, rose substantially for homes sold in October. Two of the 11 detached homes sold were REOs. 50% of the homes sold in October were cash transactions.

 As of the end of October there were 10 homes in the Rancho Santa Fe real estate market with a Contingent status (i.e., short sale and REO homes that had offers being reviewed by the lenders), 2 more than last month. Until approved these homes are considered active and, thus, are included in the Active statistics below.

As of October 2009 there were 345 Ranch Santa Fe homes for sale (95% of these are detached), a 3% decline from September. This represents an inventory of 6.9 months for attached homes (down a couple of months), but 30.9 months for detached homes at the current rate of sales (based on a 6-month period), which is, however, down from 36 months in September. 

43 Rancho Santa Fe homes came on the market in October, about 1/3 more than in September, with 16 homes going pending during the same period, twice the number going pending last month. 

While higher end homes are selling in RSF (relative to their average price), all the sales thus far this year are under $10 million. There are currently 14 homes on the market in the $10 to $29 million range, some of which have been on the market more than 1 year and 2 for well more than 2 years.

READ MORE: How Important is Inventory when Buying or Selling? Very!! 

Data are based on information provided by the MLS for homes that went under contract in the last couple of months. 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 let me know. 

READ MORE:

Ranch Santa Fe Real Estate Market Report for September 2009

 Rancho Santa Fe Real Estate Market Report for August 2009

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If I can provide more information about Rancho Santa Fe real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2009 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits