RANCHO SANTA FE, CA, 92091 Market Report for the Week of May 20, 2013

The median list price in RANCHO SANTA FE, CA 92091 this week is $3,195,000.
Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Price

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
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For more information about single family homes in RANCHO SANTA FE, CA, contact Lucy Kelts.

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