$10,000 Closing Credit*
$1,448,888
1,820 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ray Shay, Listing Office: Real Broker
Is Scripps Ranch, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Scripps Ranch has remained a Seller's Market.
Key Takeaway
Scripps Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scripps Ranch, CA
How much do homes in Scripps Ranch, CA cost?
Median Sold Price
$1,402,500
$694/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$150,000(+12.0%)
Key Takeaway
Homes in Scripps Ranch have sold for 12% more than they did a year ago.
Summary: The median home sold price in Scripps Ranch was $1,402,500 in October 2024, up 12% from last year, and the median price per square foot was $694.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $420K | N/A |
| 2 Bedrooms | $685K | $785.5K | +14.7% |
| 3 Bedrooms | $1.0M | $1.2M | +15.5% |
| 4 Bedrooms | $1.4M | $1.6M | +15.0% |
| 5+ Bedrooms | $1.5M | $2.4M | +54.8% |
Summary: Scripps Ranch 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 14.7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 54.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Scripps Ranch | $1.2M | $1.4M | +12.0% |
| Miramar Ranch North | $1.3M | $1.2M | -9.1% |
Housing Supply in Scripps Ranch, CA
How many homes are available in Scripps Ranch, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 49 | +22.5% |
Summary: The Scripps Ranch real estate market had 49 homes for sale in October 2024, a 22.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 10 | 18 | +80.0% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Scripps Ranch 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 decreased by 33.3%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scripps Ranch, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Scripps Ranch in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Scripps Ranch, CA
How long does it take to sell a home in Scripps Ranch, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 17 Days | -11.8% |
Summary: Homes in Scripps Ranch had an average of 17 days on market in Oct 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scripps Ranch are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Scripps Ranch; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.