State of San Diego Real Estate

The State of San Diego Luxury Real Estate ~ October 2013

OCTOBER 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 9/15/13= 223 with 232 active listings currently on the market. In 2012 sales as of 9/15 = 183 and there were 198 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 22%.

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 9/15/13 =194 with 96 active listings currently on the market. In 2012 sales as of 9/15 = 158 and there were 107 active listings on the market. Year-over-year Del Mar has gone from a 6-month supply of inventory to a 5-month supply with inventory decreased by 10% and sales UP 23%.

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 9/15/13= 512 with 141 active listings currently on the market. In 2012 sales as of 9/15 =477 and there were 127 active listings on the market. Year-over-year Encinitas has gone from a 3-month supply of inventory to a 2.5-month supply with inventory up 11% and sales up 7%.

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 9/15/13 = 581 with 307 active listings currently on the market. In 2012 sales as of 9/15 = 456 and there were 287 active listings on the market. Year-over-year La Jolla has gone from a 6-month supply of inventory to a 5-month supply with inventory down by 7% and sales UP by 27%.

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 9/15/13= 1419 with 289 active listings currently on the market. In 2012 sales as of 9/15 = 1291 and there were 206 active listings on the market. Year-over-year Rancho Bernardo has have gone from a 2-month supply of inventory to just under a 2-month supply with inventory up 39% and sales UP 10%.

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 9/15/13= 642 with 142 active listings currently on the market. In 2012 sales as of 9/15 = 560 and there were 134 active listings on the market. Year-over-year Carmel Valley has gone from a 2.5-month supply of inventory to just over a 2-month supply with inventory up by 6% 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 9/15/13= 209 with 133 active listings currently on the market. In 2012 sales as of 9/15 = 204 and there were 165 active listings on the market. Year-over-year Coronado has gone from an 8-month supply of inventory to a 5.5-month supply with inventory decreased by 19% and sales up 2%.

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 – 8/15/2013.

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.

 

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