As the seasons change, so do market dynamics
Walking into the fall season, sales and prices are UP compared to last year but Buyers are taking their time. No one is making any rush decisions right now - par for the course this time of year and in the current climate.
The Numbers
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In Rancho Santa Fe there were 18 homes sales in Sept 2023 compared to 11 in Sept 2022
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The Median Sales price is $5,437,500 - that is + 20.2% compared to Sept 2022
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Inventory in 92067 for Sept was 77 - that is -16.3% compared to Sept 2022
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The full list of homes sold in Rancho Santa Fe and HOMEDEX reports are linked below
What’s New
I recently brought an incredible Rancho Del Lago property to market and two of my listings have price improvements; 17146 El Mirador is now priced at $4,995,000 and 5190 Rancho Madera Bend in Rancho Pacifica is $4,750,000.
September Success
I had the pleasure of helping my sellers find the perfect buyer for their estate on Via Gaviota in September and have 2 more Covenant properties In Escrow.
The Bottom Line
Properties need to be priced right and presentation and marketing are keys to success. I always make sure my listings look their very best and showcase them globally, locally, and through unique events (more to come on a fabulous event we held just this week at the home Gussy and I are featured in above!)
If you want to know what it would look like to put your home on the market right now please reach out, that's what I'm here for!
Click on the links below for HOMEDEX market reports from 92067, 92091, 92014, 92075 - Call me if you want to talk specifics about your property.
