The numbers for February are in. Sales in 92067 are up 127% over 2020 and that is with inventory trending down 57%. What makes it more remarkable is that last February we were still "pre" pandemic shutdowns, so these numbers are up from what started as a strong year.
At these levels, demand continues to outpace inventory. Heading into spring, with signs of faster economic growth, improved job markets, and sales prices continuing to increase, we expect to see an uptick in sellers entering the market creating a bit more balance.
Even so, the job of finding and securing that perfect home will remain a challenge. One we are certainly ready for. Pacific Sotheby's International Realty promises to help you find a home that suits your lifestyle. We believe in that mission, and also that if you can't find it, we'll help you find a place to build it.
As Philip A. White, Jr., President and CEO of Sotheby's International Realty observed, "Covid 19 accelerated the buying of the dream house. People saw what was happening and thought, maybe we should try and enjoy life a little bit."
Keep scrolling for some incredible properties and homes on the market, a list of the homes sold in February in Rancho Santa Fe, updated market stats, and weekend links. And do not forget to get out there and enjoy life a little bit.