DECEMBER 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 11/15/13= 267 with 213 active listings currently on the market. In 2012 sales as of 11/15 = 222 and there were 193 active listings on the market. Year-over-year Rancho Santa Fe has gone from an 11-month supply of inventory to just under a 10-month supply with sales UP 20% and inventory up 10%.
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 11/15/13 =248 with 94 active listings currently on the market. In 2012 sales as of 11/15 = 197 and there were 87 active listings on the market. Year-over-year Del Mar has held steady at about a 5-month supply of inventory with sales UP 26%.
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 11/15/13= 617 with 140 active listings currently on the market. In 2012 sales as of 11/15 =604 and there were 110 active listings on the market. Year-over-year Encinitas has held steady at about a 2.5-month supply of inventory with sales UP 2% and inventory up 27%.
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 11/15/13 = 706 with 288 active listings currently on the market. In 2012 sales as
of 11/15 = 599 and there were 231 active listings on the market. Year-over-year La Jolla has held steady at about a 5 month supply of inventory with sales UP 18% and inventory up 25%.
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 11/15/13= 1731 with 247 active listings currently on the market. In 2012 sales as of 11/15 = 1601 and there were 164 active listings on the market. Year-over-year Rancho Bernardo has held steady at about a 1.5-month supply of with sales UP 8%.
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 11/15/13= 767 with 119 active listings currently on the market. In 2012 sales as of 11/15 = 684 and there were 87 active listings on the market. Year-over-year Carmel Valley has held steady at about a 1.5-month supply of inventory with sales UP 12%.
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 11/15/13= 275 with 121 active listings currently on the market. In 2012 sales as of 11/15 = 243 and there were 159 active listings on the market. Year-over-year Coronado has gone from just under an 8-month supply of inventory to a 5 month supply with inventory decreased by 24% and sales UP 13%.
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 – 11/15/2013.
Information deemed reliable but not guaranteed.