September Issue Breakdown of MLS reported sales for 7 luxury areas analyzed by price points with year supply estimates.
Breakdown of MLS reported sales for 7 luxury areas analyzed by price points with year supply estimates. This detailed information provides important indicators for pricing and marketing strategies for buyers and sellers. Rancho Santa Fe, Del Mar, La Jolla, Carmel Valley, Coronado, Encinitas, and Rancho Bernardo/Santaluz/4S Ranch
Rancho Santa Fe Luxury Real Estate 2013 YTD sales as of 8/15/13= 192 with 244 active listings currently on the market. In 2012 sales as of 8/15 = 153 and there were 203 active listings on the market. Year-over-year Rancho Santa Fe has held steady at an 11-month supply of inventory with sales UP 25%.
Click here for Rancho Santa Fe historical sales compared by price range < $1 million, $1 – $3 million, $3 – $5 million, > $5 million
Del Mar Luxury Real Estate 2013 YTD sales as of 8/15/13 =165 with 104 active listings currently on the market. In 2012 sales as of 8/15 = 135 and there were 113 active listings on the market. Year-over-year Del Mar has gone from a 6-month supply of inventory to a 5-month supply with inventory decreased by 8% and sales UP 22%.
Click here for Del Mar historical sales compared by price range < $1 million, $1 – $2 million, > $2 million
Encinitas Luxury Real Estate YTD sales as of 8/15/13= 451 with 145 active listings currently on the market. In 2012 sales as of 8/15 =411 and there were 147 active listings on the market. Year-over-year Encinitas has gone from a 3-month supply of inventory to a 2.5-month supply with inventory essentially even and sales up 10%.
Click here for Encnitas historical sales compared by price range < $1 million, $1 – $2 million, > $2 million
La Jolla Luxury Real Estate 2013 YTD sales as of 8/15/13 = 507 with 302 active listings currently on the market. In 2012 sales as of 8/15 = 393 and there were 334 active listings on the market. Year-over-year La Jolla has gone from a 7-month supply of inventory to a 5-month supply. Inventory has decreased by 10% and sales are UP by 29%.
Click here for La Jolla historical sales compared by price range < $1 million, $1 – $3 million, > $3 million
Rancho Bernardo, Santaluz, The Crosby, 4S Ranch Luxury Real Estate 2013 YTD sales as of 8/15/13= 1244 with 269 active listings currently on the market. In 2012 sales as of 8/15 = 1100 and there were 237 active listings on the market. Year-over-year Rancho Bernardo has have gone from a 2-month supply of inventory to just under a 2-month supply with inventory decreased by 13% and sales UP 13%.
Click here for RB historical sales compared by price range < $0.5 million, $0.5 – $1 million, > $1 million
Carmel Valley Luxury Real Estate 2013 YTD sales as of 8/15/13= 577 with 144 active listings currently on the market. In 2012 sales as of 8/15 = 485 and there were 152 active listings on the market. Year-over-year Carmel Valley has gone from just under a 3-month supply of inventory to just over a 2-month supply with inventory decreased by 5% and sales up 19%.
Click here for Carmel Valley historical sales compared by price range < $1 million, $1 – $2 million, > $2 million
Coronado Luxury Real Estate 2013 YTD sales as of 8/15/13= 187 with 152 active listings currently on the market. In 2012 sales as of 8/15 = 171 and there were 189 active listings on the market. Year-over-year Coronado has gone from a 9-month supply of inventory to a 6.5-month supply with inventory decreased by 20% and sales UP 9%.
Click here for Coronado historical sales compared by price range < $1 million, $1 – $2 million, > $2 million
*Based on MLS data from these zip codes, 92067,92091,92014,92037,92130,92118, 92024,92127,92128 for the period of 1/1/2013 – 8/15/2013.
Information deemed reliable but not guaranteed.
OB Juncal, Juncal Real Estate, OB.Juncal@gmail.com 760.383.3120. Data represents the activity of various brokers. Data does not represent the sale activity of non-listed properties. The data might not be completely accurate. Source: OB Juncal does not represent, nor warrant, the accuracy of this data. If you have any questions regarding the above information or any real estate matters, please do not hesitate to call. Information subject to change.