The median list price in RANCHO SANTA FE, CA 92091 this week is $3,195,000. The Market Action Index has been climbing lately while days-on market are trending down, these point to a positive near-term outlook for the market.
Supply and Demand
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
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, 92091.
For more information about single family homes in RANCHO SANTA FE, CA, contact Lucy Kelts.