Is Ivey Ranch / Rancho Del Oro, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ivey Ranch / Rancho Del Oro is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ivey Ranch / Rancho Del Oro has remained a Seller's Market.

Key Takeaway

Ivey Ranch / Rancho Del Oro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ivey Ranch / Rancho Del Oro, CA

How much do homes in Ivey Ranch / Rancho Del Oro, CA cost?

Median Sold Price

$877,000

$489/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,000(+7.0%)

Key Takeaway

Homes in Ivey Ranch / Rancho Del Oro have sold for 7% more than they did a year ago.

Summary: The median home sold price in Ivey Ranch / Rancho Del Oro was $877,000 in October 2024, up 7% from last year, and the median price per square foot was $489.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $685K$750K
+9.5%
3 $785K$850K
+8.3%
4 $865K$930K
+7.5%
5+ $995K$1.0M
+3.0%

Summary: Ivey Ranch / Rancho Del Oro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Neighborhoods

Oceana
+8.8%
Ivey Ranch / Rancho Del Oro
+7.0%
San Luis Rey
-4.7%

Housing Supply in Ivey Ranch / Rancho Del Oro, CA

How many homes are available in Ivey Ranch / Rancho Del Oro, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3540+14.3%

Summary: The Ivey Ranch / Rancho Del Oro real estate market had 40 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2124
+14.3%
4 912
+33.3%
5+ 32
-33.3%

Summary: The Ivey Ranch / Rancho Del Oro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ivey Ranch / Rancho Del Oro, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Ivey Ranch / Rancho Del Oro in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Ivey Ranch / Rancho Del Oro, CA

How long does it take to sell a home in Ivey Ranch / Rancho Del Oro, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days40 Days+177.2%

Summary: Homes in Ivey Ranch / Rancho Del Oro had an average of 40 days on market in Oct 2024, up by 177.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ivey Ranch / Rancho Del Oro are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Ivey Ranch / Rancho Del Oro; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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