The prices in real estate in Rancho Santa Fe, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Rancho Santa Fe has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $1,162. In the following month the price per sq.feet decreased considerably to $903. The price for the following two months in (March, April) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $813.5 to $798.5 during May y June
Based upon to the price in Rancho Santa Fe (cities), these have remained the same in the last 6 months. The average price for January is $3,550,174. During February the price had a slight fall till $3,328,799. In the following two months the average price has remained the same with regard to the previous two months from $3,439,486.5 to $3,557,914.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $3,511,075 they are 38 % more affordable than the average price for Rancho Santa Fe. The properties with the lowest average price have 1 bedroom, Their price is 8 % cheaper than the average. After that we have properties with 4 bedrooms priced at $3,133,118.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $597 / sq.feet, with an average $629 / sq.feet price in Rancho Santa Fe. The properties with the highest average prices have 1 bedroom. They are 575 % more expensive than the average followed by properties with 3 bedrooms with a price at $3,437 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $3,511,075 it is 3 % cheaper than the average price in Rancho Santa Fe. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $3,443,813 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $597 / sq.feet followed by "Detached House" priced at $603 / sq.feet. "Land" is the most costly type of property with a $2,421 / sq.feet cost followed by "House" with an average price of $625 / sq.feet.