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THE STATE OF LUXURY REAL ESTATE – November 2020

THE NOVEMBER ISSUE  Breakdown of MLS reported sales for 12 luxury areas analyzed by price points with year supply estimates, including  Rancho Santa Fe, Del Mar, La Jolla and more.

Breakdown of MLS reported sales for 12 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, Carlsbad, Coronado, Encinitas, Solana Beach, Poway, Downtown San Diego, Point Loma and Rancho Bernardo/Santaluz/4S Ranch.

NOVEMBER Issue breakdown includes sales through 10/15/2020

Rancho Santa Fe Luxury Real Estate (92067, 92091)

NOVEMBER Issue Rancho Santa Fe total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 246   OCTOBER 15, 2019 Total Sales = 177

Years Supply = 8 months

La Jolla Luxury Real Estate (92037)

NOVEMBER Issue La Jolla total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 543   OCTOBER 15, 2019 Total Sales = 563

Years Supply = 4.5 months

Del Mar Luxury Real Estate (92014)

NOVEMBER Issue Del Mar total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 181   OCTOBER 15, 2019 Total Sales = 193

Years Supply =  4 months

Carmel Valley Luxury Real Estate (92130)

NOVEMBER Issue Carmel Valley total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 551   OCTOBER 15, 2019 Total Sales = 557

Years Supply = 1.5 months

Carlsbad Luxury Real Estate (92008, 92009, 92010, 92011)

NOVEMBER Issue Carlsbad total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 1461   OCTOBER 15, 2019 Total Sales = 1349

Years Supply =  1.5 months

Encinitas Luxury Real Estate (92024)

NOVEMBER Issue Encinitas total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 494   OCTOBER 15, 2019 Total Sales = 516

Years Supply =  2 months

Solana Beach Luxury Real Estate (92075)

NOVEMBER Issue Solana Beach total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 146   OCTOBER 15, 2019 Total Sales = 144

Years Supply =  3 months

Rancho Bernardo Luxury Real Estate (92127, 92128)

NOVEMBER Issue Rancho Bernardo total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 1379   OCTOBER 15, 2019 Total Sales = 1333

Years Supply =  1 months

Poway Luxury Real Estate (92064)

NOVEMBER Issue Poway total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 426   OCTOBER 15, 2019 Total Sales = 467

Years Supply =  1 months

Coronado Luxury Real Estate (92118)

NOVEMBER Issue Coronado total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 270   OCTOBER 15, 2019 Total Sales = 225

Years Supply =  3.5 months

Point Loma Luxury Real Estate (92106)

NOVEMBER Issue Point Loma San Diego total MLS reported sales, active listings, month’s inventory supply, and median sales price** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 230   OCTOBER 15, 2019 Total Sales = 193

Years Supply =  2 months

Downtown San Diego Luxury Real Estate (92101)

NOVEMBER Issue Downtown San Diego total MLS reported sales, active listings, month’s inventory supply, and median sales price ytd 2019** compared to the same period last year.

OCTOBER 15, 2020 Total Sales = 661   OCTOBER 15, 2019 Total Sales = 616

Years Supply =  5.5 months

Based on MLS data from these zip codes, 92067,92091,92014,92037,92130,92118,92024,92127,92128, 92008,92009,92010,92011,9075,92064,92101 for the period of 1/1/2004 – 10/15/2020. **median sales price ytd 2020 from SDAR

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