November 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 10/15/13= 248 with 232 active listings currently on the market. In 2012 sales as of 10/15 = 206 and there were 193 active listings on the market. Year-over-year Rancho Santa Fe has held steady at about an 11-month supply of inventory with sales UP 20% and inventory up 20%.
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 10/15/13 =226 with 90 active listings currently on the market. In 2012 sales as of 10/15 = 177 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 inventory essentially even and sales UP 28%.
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 10/15/13= 568 with 157 active listings currently on the market. In 2012 sales as of 10/15 =547 and there were 132 active listings on the market. Year-over-year Encinitas has held steady at about a 3-month supply of inventory with sales UP 4% and inventory up 19%.
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 10/15/13 = 644 with 308 active listings currently on the market. In 2012 sales as of 10/15 = 520 and there were 247 active listings on the market. Year-over-year La Jolla has held steady at about a 5.5 month supply of inventory with sales UP 24% 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 10/15/13= 1568 with 271 active listings currently on the market. In 2012 sales as of 10/15 = 1447 and there were 159 active listings on the market. Year-over-year Rancho Bernardo has have gone from a 1.5-month supply of inventory to almost a 2-month supply with inventory up 70% and 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 10/15/13= 707 with 136 active listings currently on the market. In 2012 sales as of 10/15 = 617 and there were 86 active listings on the market. Year-over-year Carmel Valley has gone from a 1.5-month supply of inventory to just over a 2-month supply with inventory up by 58% and sales UP 15%.
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 10/15/13= 244 with 135 active listings currently on the market. In 2012 sales as of 10/15 = 221 and there were 157 active listings on the market. Year-over-year Coronado has gone from just under an 8-month supply of inventory to a 5.5-month supply with inventory decreased by 14% and sales UP 10%.
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 – 10/15/2013.
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.