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The State of San Diego Luxury Real Estate – September 2020

THE SEPTEMBER 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.

SEPTEMBER Issue breakdown includes sales through 8/15/2020

Rancho Santa Fe Luxury Real Estate (92067, 92091)

SEPTEMBER 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.

August 15, 2020 Total Sales = 161   August 15, 2019 Total Sales = 135

Years Supply = 8 months Median Price = $2,717,500

La Jolla Luxury Real Estate (92037)

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

August 15, 2020 Total Sales = 354   August 15, 2019 Total Sales = 423

Years Supply = 4.5 months Median Price = $2,275,000

Del Mar Luxury Real Estate (92014)

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

August 15, 2020 Total Sales = 130   August 15, 2019 Total Sales = 145

Years Supply = 5.5 months Median Price = $2,157,270

Carmel Valley Luxury Real Estate (92130)

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

August 15, 2020 Total Sales = 394   August 15, 2019 Total Sales = 432

Years Supply = 1.5 months Median Price = $1,415,000

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

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

August 15, 2020 Total Sales = 1053   August 15, 2019 Total Sales = 1066

Years Supply = 2 months Median Price = $1,160,000

Encinitas Luxury Real Estate (92024)

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

August 15, 2020 Total Sales = 346   August 15, 2019 Total Sales = 391

Years Supply = 2 months Median Price = $1,402,500

Solana Beach Luxury Real Estate (92075)

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

August 15, 2020 Total Sales = 102   August 15, 2019 Total Sales = 106

Years Supply = 3.5 months Median Price = $1,850,000

Rancho Bernardo Luxury Real Estate (92127, 92128)

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

August 15, 2020 Total Sales = 988   August 15, 2019 Total Sales = 1022

Years Supply = 1 months Median Price = $1,260,000

Poway Luxury Real Estate (92064)

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

August 15, 2020 Total Sales = 310   August 15, 2019 Total Sales = 361

Years Supply = 1 months

Coronado Luxury Real Estate (92118)

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

August 15, 2020 Total Sales = 188   August 15, 2019 Total Sales = 176

Years Supply = 4 months Median Price = $1,260,000

Point Loma Luxury Real Estate (92106)

SEPTEMBER 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.

August 15, 2020 Total Sales = 164   August 15, 2019 Total Sales = 152

Years Supply = 2.5 months

Downtown San Diego Luxury Real Estate (92101)

SEPTEMBER 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.

August 15, 2020 Total Sales = 466   August 15, 2019 Total Sales = 479

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 – 8/15/2020. **median sales price ytd 2020 from SDAR

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