For current MLS data on active, pending and closed Rancho Santa Fe Farms properties please see the tables below.
Rancho Santa Fe Snapshot – In keeping with the rest of the San Diego luxury home market, Rancho Santa Fe homes for sale in 2010 continue to outpace the sales activity for the first half of 2009. Through June 25th of this year there have been 103 Rancho Santa Fe homes sold as opposed to just 60 sales in the same time period last year, a 72% increase! On a price/square foot basis Rancho Santa Fe homes have seen a 10% drop as buyers have focused on distressed and lower priced Rancho Santa Fe properties. Market times have increased 21%, making it all the more important to carefully choose Rancho Santa Fe realtors who have a dynamic marketing plan for today’s changing market.
Rancho Santa Fe Farms Homes – The sales activity, or lack thereof, in the Rancho Santa Fe Farms area is unusual given the current Rancho Santa Fe real estate environment. We have seen renewed sales so far in 2010 in the western parts of Rancho Santa Fe with neighborhoods like Fairbanks Ranch seeing increased transactions, but Rancho Santa Fe Farms homes appear to be in different cycle. There have been no MLS sales over the past 6 months but there are 13 properties currently on the market with an average market time of 135 days, so it is likely that the second half for the year will be a busy one for Rancho Santa Fe Farms homes and the Rancho Santa Fe Farms Estates community. The good news is that of these listings only one is a short sale which indicates stability in these Rancho Santa Fe gated communities.
With plenty of competition in the community, it becomes vitally important to select Rancho Santa Fe realtors who know how to correct price and market your Rancho Santa Fe homes, so call the Dalzell Group at (858) 755-7740 for an analysis of your home’s value and to find out the details about our customized property marketing plans.
