Rancho Santa Fe, CA 92067 Market Report for the Week of October 22, 2012

The median list price in RANCHO SANTA FE, CA 92067 this week is $2,499,000.
Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.

Supply and Demand
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

CLICK HERE to download the full market report for Rancho Santa Fe, CA!
For more information about luxury single family homes in Rancho Santa Fe, CA , contact Lucy Kelts.

Get your Instant Home Value…