The median list price in Rancho Santa Fe, CA 92067 is $3,495,000.
Inventory of Rancho Santa Fe homes for sale has been decreasing lately but the Market Action Index (MAI) is falling also. With days-on-market climbing, these are relatively negative implications for the Rancho Santa Fe real estate market.
SUPPLY AND DEMAND
Rancho Santa Fe home sales have been exceeding new inventory for several weeks. Since this is a buyer’s market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the Rancho Santa Fe real estate market moves into the seller’s zone and we are likely to see upward pressure on pricing.