April 2018 Micro Market Report | Douglas Elliman

Page 167

RANCHO BERNARDO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$816,500

$945,000

$821,100

$815,000

-0.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

100

77

57

91

-9.0%

Properties Pending Sale .......................

115

68

68

106

-7.8%

Properties For Sale ..............................

317

223

209

314

-0.9%

Days on Market (Pending Sale) .............

23

26

30

29

26.1%

Month’s Supply of Inventory .................

4.2

4.3

5

3.5

-18.4%

Percent Under Contract .......................

36.3%

30.5%

32.5%

33.8%

-6.9%

Average Median Price for Last 12 Months

$762,716

$830,517

$825,667

$849,186

10.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$816

MAY

$815,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$815 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


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