Is Ivey Ranch / Rancho Del Oro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ivey Ranch / Rancho Del Oro has remained a Seller's Market.
Housing Prices in Ivey Ranch / Rancho Del Oro, CA
How much do homes in Ivey Ranch / Rancho Del Oro, CA cost?
Median Sold Price
$872,500
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ivey Ranch / Rancho Del Oro was $872,500 in May 2024, up 6.2% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $667.5K | $700K | +4.9% |
3 Bedrooms | $775.5K | $850K | +9.6% |
4 Bedrooms | $875K | $913K | +4.3% |
5+ Bedrooms | $1.0M | $1.1M | +11.4% |
Summary: Ivey Ranch / Rancho Del Oro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Neighborhoods
San Luis Rey | $585.5K | $677.5K | +15.7% |
Ivey Ranch / Rancho Del Oro | $821.5K | $872.5K | +6.2% |
Oceana | $455K | $464K | +2.0% |
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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Summary: The Ivey Ranch / Rancho Del Oro real estate market had 31 homes for sale in May 2024, a 10.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ivey Ranch / Rancho Del Oro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Ivey Ranch / Rancho Del Oro in May 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 8 Days | -3.4% |
Summary: Homes in Ivey Ranch / Rancho Del Oro had an average of 8 days on market in May 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Ivey Ranch / Rancho Del Oro; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.