January 2013 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 Luxury Real Estate 2012 YTD sales as of 12/15/12= 246 with 193 active listings currently on the market. In 2011 sales as of 12/15 = 203 and there were 243 active listings on the market. Year-over-year Rancho Santa Fe has gone from a 13.5-month supply of inventory to just under an 11-month supply with inventory decreased by 21% and sales volume up by 21%.
Click here for Rancho Santa Fe historical sales compared by price range < $3 million, $3-$5 million, > $5 million
Del Mar Luxury Real Estate 2012 YTD sales as of 12/15/12 =212 with 73 active listings currently on the market. In 2011 sales as of 12/15 = 202 and there were 136 active listings on the market. Year-over-year Del Mar has gone from a 12-month supply of inventory to a 4-month supply with inventory decreased by 46% and sales up 5%.
Click here for Del Mar historical sales compared by price range < $3 million, > $3 million
Encinitas Luxury Real Estate 2012 YTD sales as of 12/15/12= 659 with 110 active listings currently on the market. In 2011 sales as of 12/15 = 537 and there were 217 active listings on the market. Year-over-year Encinitas has gone from just under a 5-month supply of inventory to a 2.5-month supply with inventory decreased by 49% and sales volume up by 23%.
Click here for Encnitas historical sales compared by price range < $2.5 million, > $2.5 million
La Jolla Luxury Real Estate 2012 YTD sales as of 12/15/12 = 660 with 218 active listings currently on the market. In 2011 sales as of 12/15 = 514 and there were 323 active listings on the market. Year-over-year La Jolla has gonefrom a 7-month supply of inventory to just under a 5-month supply with inventory decreased by 33% and sales volume up by 28%.
Click here for La Jolla historical sales compared by price range < $3 million, $3-$5 million, > $5 million
Rancho Bernardo, Santaluz, The Crosby, 4S Ranch Luxury Real Estate 2012 YTD sales as of 12/15/12= 1740 with 129 active listings currently on the market. In 2011 sales as of 12/15 = 1310 and there were 454 active listings on the market. Year-over-year Rancho Bernardo has have gone from a 3.5-month supply of inventory to just a 1-month supply with inventory decreased by 71% and sales volume up by 33%.
Click here for RB historical sales compared by price range < $1.5 million, > $1.5 million
Carmel Valley Luxury Real Estate 2012 YTD sales as of 12/15/12= 736 with 73 active listings currently on the market. In 2011 sales as of 12/15 = 609 and there were 189 active listings on the market. Year-over-year Carmel Valley has gone from a 3-month supply of inventory to just over a 1-month supply with inventory decreased by 61% and sales volume up by 21%.
Click here for Carmel Valley historical sales compared by price range < $2.5 million, > $2.5 million
Coronado Luxury Real Estate 2012 YTD sales as of 12/15/12= 264 with 154 active listings currently on the market. In 2011 sales as of 12/15 = 229 and there were 172 active listings on the market. Year-over-year Coronado has gone from a 9.5-month supply of inventory to a 7.5-month supply with inventory decreased by 10% and sales volume up by 15%.
Click here for Coronado historical sales compared by price range < $2.5 million, > $2.5 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 – 12/15/2012.
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.
See Previous Months State of Real Estates>>>December 2012 Issue