#250017596SD, Scott Union, Listing Office: Compass
Rancho Santa Fe Housing Market Report December 2024•San Diego County, California
Housing Prices in Rancho Santa Fe, CA
How much do homes in Rancho Santa Fe, CA cost?
Housing Market Conditions
Is Rancho Santa Fe, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Rancho Santa Fe is a Buyer's Market
Difference Since December 2023
Since last year, Rancho Santa Fe has remained a Buyer's Market.
Rancho Santa Fe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Rancho Santa Fe have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Rancho Santa Fe was $5,000,000 in December 2024, up 10.3% from last year, and the median price per square foot was $1,097.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Rancho Santa Fe | $4.5M | $5.0M | +10.3% |
Fairbanks Ranch | $3.8M | $4.1M | +7.9% |
The Covenant of Rancho Santa Fe | $4.9M | $5.3M | +6.8% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $2.1M | $2.5M | +16.2% |
33 Bedrooms | $3.4M | $3.8M | +10.6% |
44 Bedrooms | $4.2M | $3.8M | -7.6% |
55+ Bedrooms | $5.8M | $7.4M | +26.5% |
Summary: Rancho Santa Fe housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +16.2%. The home price for 3 bedroom homes increased by +10.6%. The home price for 4 bedroom homes decreased by -7.6%. The home price for 5 bedroom homes increased by +26.5%.
Housing supply in Rancho Santa Fe, CA
How many homes are available in Rancho Santa Fe, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
28Last MonthDec 2024 | ||
282 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Rancho Santa Fe real estate market had 28 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
32 months agoNov 2024 | -33.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 2 | +100.0% |
33 Bedrooms | 2 | 3 | +50.0% |
44 Bedrooms | 8 | 7 | -12.5% |
55+ Bedrooms | 17 | 16 | -5.9% |
Summary: Rancho Santa Fe housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes decreased by -5.9%.
Asking Price vs. Sold Price
How much do homes in Rancho Santa Fe, CA cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
If you're buying a home in Rancho Santa Fe, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rancho Santa Fe in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Rancho Santa Fe, CA
How long does it take to sell a home in Rancho Santa Fe, CA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in Rancho Santa Fe are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Rancho Santa Fe; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
26 DaysThis YearDec 2024 | ||
44 Days1 year agoDec 2023 | -39.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Rancho Santa Fe had an average listing age of 26 days in Dec 2024, down by 39.8% compared to the previous year.
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Newest Listings in Rancho Santa Fe, CA
What homes are available in Rancho Santa Fe, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 01/01/2023 - 01/01/2025
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.