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 November 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

$872,500

$497/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,000(+3.9%)

Key Takeaway

Homes in Ivey Ranch / Rancho Del Oro have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Ivey Ranch / Rancho Del Oro was $872,500 in November 2024, up 3.9% from last year, and the median price per square foot was $497.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $685K$750K
+9.5%
3 $795K$850K
+6.9%
4 $865K$940K
+8.7%
5+ $975K$1.1M
+14.9%

Summary: Ivey Ranch / Rancho Del Oro housing prices by bedroom type for November 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 6.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 14.9%.

Median Sold Price Compared To Nearby Neighborhoods

Oceana
+8.1%
Ivey Ranch / Rancho Del Oro
+3.9%
San Luis Rey
-4.3%

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

Oct 2024Nov 2024CHANGE
3729-21.6%

Summary: The Ivey Ranch / Rancho Del Oro real estate market had 29 homes for sale in November 2024, a 21.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2419
-20.8%
4 118
-27.3%
5+ 11
0.0%

Summary: The Ivey Ranch / Rancho Del Oro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Ivey Ranch / Rancho Del Oro in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
29 Days34 Days+20.3%

Summary: Homes in Ivey Ranch / Rancho Del Oro had an average of 34 days on market in Nov 2024, up by 20.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 9 homes were sold in Ivey Ranch / Rancho Del Oro; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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