JANUARY ISSUE Breakdown of MLS reported sales for 7 luxury areas analyzed by price points with year supply estimates.
The STATE OF SAN DIEGO LUXURY REAL ESTATE
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 12/15/13= 290 with 195 active listings currently on the market. In 2012 sales as of 12/15 = 246 and there were 193 active listings on the market. Year-over-year Rancho Santa Fe has gone from just under an 11-month supply of inventory to a 9-month supply with sales UP 18% and inventory essentially even. Rancho Santa Fe has already surpassed last year’s total sales.
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 12/15/13 =260 with 88 active listings currently on the market. In 2012 sales as of 12/15 = 212 and there were 73 active listings on the market. Year-over-year Del Mar has held steady at about a 4-month supply of inventory with sales UP 23%. Del Mar has already surpassed last year’s total sales.
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 12/15/13= 650 with 114 active listings currently on the market. In 2012 sales as of 12/15 =659 and there were 110 active listings on the market. Year-over-year Encinitas has gone from a 2.5-month supply of inventory to under a 2-month supply with sales and inventory numbers essentially even.
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 12/15/13 = 750 with 263 active listings currently on the market. In 2012 sales as of 12/15 = 660 and there were 218 active listings on the market. Year-over-year La Jolla has held steady at about a 4.5-month supply of inventory with sales UP 14% and inventory up 21%. La Jolla has already surpassed last year’s total sales.
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 12/15/13= 1852 with 221 active listings currently on the market. In 2012 sales as of 12/15 = 1740 and there were 129 active listings on the market. Year-over-year Rancho Bernardo has held steady at about a 1.5-month supply of inventory with sales UP 6%. Rancho Bernardo has already surpassed last year’s total sales.
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 12/15/13= 805 with 99 active listings currently on the market. In 2012 sales as of 12/15 = 736 and there were 73 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 9%. Carmel Valley has already surpassed last year’s total sales.
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 12/15/13= 299 with 112 active listings currently on the market. In 2012 sales as of 12/15 = 264 and there were 154 active listings on the market. Year-over-year Coronado has gone from a 7.5-month supply of inventory to under a 5-month supply with inventory decreased by 27% and sales UP 13%. Coronado has already surpassed last year’s total sales.
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 – 12/15/2013.
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.