DECEMBER HOME SALES IN RANCHO SANTA FE
Inventory is still markedly low, only 43 homes on the market in December 2022 vs 71 in December 2021
The Median Sales Price in 92067 (rolling 12 months) was + 23.8% at $4,520,000
So far in January I have a new escrow, a new listing coming this week, and more activity in the works. It seems that some of the pent up demand from those waiting on the sidelines in November/December, along with a mostly positive CPI report, could bring some life back to the market before we even hit the busy spring buying season.