February 2013 Breakdown of MLS reported sales for 7 luxury areas analyzed by price points with year supply estimates.
Rancho Santa Fe Luxury Real Estate 2013 YTD sales as of 1/15/13= 10 with 179 active listings currently on the market. In 2012 sales as of 1/15 = 4 and there were 215 active listings on the market. Year-over-year Rancho Santa Fe has gone from a 12-month supply of inventory to just over an 8-month supply with inventory decreased by 17%. With 261 sales in 2012 Rancho Santa Fe posted its highest numbers since 2005.
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 1/15/13 =5 with 70 active listings currently on the market. In 2012 sales as of 1/15 = 6 and there were 128 active listings on the market. Year-over-year Del Mar has gone from a 7-month supply of inventory to a 3.5-month supply with inventory decreased by 45%. With 230 sales in 2012 Del Mar posted its highest numbers since 2004.
Click here for Del Mar historical sales compared by price range < $1 million, $1 – $2 million, > $2 million
Encinitas Luxury Real Estate 2013 YTD sales as of 1/15/13= 14 with 93 active listings currently on the market. In 2012 sales as of 1/15 = 15 and there were 204 active listings on the market. Year-over-year Encinitas has gone from just a 4-month supply of inventory to a 1.5-month supply with inventory decreased by 54%. With 692 sales in 2012 Encinitas posted its highest numbers since 2005.
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 1/15/13 = 12 with 206 active listings currently on the market. In 2012 sales as of 1/15 = 12 and there were 309 active listings on the market. Year-over-year La Jolla has gone from just under a 7-month supply of inventory to a 3.5-month supply with inventory decreased by 33%. With 707 sales in 2012 La Jolla posted its highest numbers since 2005.
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 1/15/13= 42 with 117 active listings currently on the market. In 2012 sales as of 1/15 = 27 and there were 425 active listings on the market. Year-over-year Rancho Bernardo has have gone from just under a 4-month supply of inventory to just under a 1-month supply with inventory decreased by 72%. With 1849 sales in 2012 Rancho Bernardo posted its highest numbers since 2003.
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 1/15/13= 21 with 71 active listings currently on the market. In 2012 sales as of 1/15 = 13 and there were 167 active listings on the market. Year-over-year Carmel Valley has gone from a 3-month supply of inventory to just a 1-month supply with inventory decreased by 57%. With 768 sales in 2012 Carmel Valley posted its highest numbers since 2007.
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 1/15/13= 6 with 150 active listings currently on the market. In 2012 sales as of 1/15 = 7 and there were 156 active listings on the market. Year-over-year Coronado has gone from a 7.5-month supply of inventory to just over a 6-month supply with inventory decreased by 4%. With 245 sales in 2012 Coronado posted its highest numbers since 2007.
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 1/1/2012-12/31/2012 and 1/1/2013 – 1/15/2013
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.