Rancho Santa Fe, CA 92067 Market Report for the Week of November 5, 2012

The median list price in RANCHO SANTA FE, CA 92067 this week is $2,695,000.
Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Supply and Demand
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.

Price
The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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For more information about luxury single family homes in Rancho Santa Fe, CA , contact Lucy Kelts.