June 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 5/15/13= 97 with 238 active listings currently on the market. In 2012 sales as of 5/15 = 85 and there were 232 active listings on the market. Year-over-year Rancho Santa Fe has gone from a 13-month supply of inventory to an 11-month supply with inventory essentially even and sales up 14%.
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 5/15/13 =80 with 91 active listings currently on the market. In 2012 sales as of 5/15 = 72 and there were 128 active listings on the market. Year-over-year Del Mar has gone from just over a 7-month supply of inventory to just under a 5-month supply with inventory decreased by 29% and sales up 11%.
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 5/15/13= 227 with 119 active listings currently on the market. In 2012 sales as of 5/15 =215 and there were 203 active listings on the market. Year-over-year Encinitas has gone from just over a 4-month supply of inventory to just a 2-month supply with inventory decreased by 41% and sales up 6%.
Click here for Encinitas historical sales compared by price range < $1 million, $1 – $2 million, > $2 million
La Jolla Luxury Real Estate 2013 YTD sales as of 5/15/13 = 266 with 242 active listings currently on the market. In 2012 sales as of 5/15 = 212 and there were 329 active listings on the market. Year-over-year La Jolla has gone from a 7-month supply of inventory to a 4-month supply with inventory decreased by 26% and sales 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 5/15/13= 630 with 161 active listings currently on the market. In 2012 sales as of 5/15 = 596 and there were 265 active listings on the market. Year-over-year Rancho Bernardo has have gone from just a 2-month supply of inventory to a 1-month supply with inventory decreased by 39% and sales up 6%.
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 5/15/13= 304 with 113 active listings currently on the market. In 2012 sales as of 5/15 = 232 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 under a 2-month supply with inventory decreased by 32% and sales up 31%.
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 5/15/13= 98 with 154 active listings currently on the market. In 2012 sales as of 5/15 = 84 and there were 188 active listings on the market. Year-over-year Coronado has gone from just over a 9-month supply of inventory to a 6.5-month supply with inventory decreased by 18% and sales up 17%.
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 – 4/15/2013.
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.