Is Ivey Ranch / Rancho Del Oro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ivey Ranch / Rancho Del Oro has remained a Seller's Market.
Key Takeaway
Ivey Ranch / Rancho Del Oro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ivey Ranch / Rancho Del Oro, CA
How much do homes in Ivey Ranch / Rancho Del Oro, CA cost?
Median Sold Price
$872,500
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ivey Ranch / Rancho Del Oro have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Ivey Ranch / Rancho Del Oro was $872,500 in May 2024, up 6.2% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $667.5K | $700K | +4.9% |
| 3 Bedrooms | $775.5K | $850K | +9.6% |
| 4 Bedrooms | $875K | $913K | +4.3% |
| 5+ Bedrooms | $1.0M | $1.1M | +11.4% |
Summary: Ivey Ranch / Rancho Del Oro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Neighborhoods
| San Luis Rey | $585.5K | $677.5K | +15.7% |
| Ivey Ranch / Rancho Del Oro | $821.5K | $872.5K | +6.2% |
| Oceana | $455K | $464K | +2.0% |
Housing Supply in Ivey Ranch / Rancho Del Oro, CA
How many homes are available in Ivey Ranch / Rancho Del Oro, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Summary: The Ivey Ranch / Rancho Del Oro real estate market had 31 homes for sale in May 2024, a 10.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ivey Ranch / Rancho Del Oro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ivey Ranch / Rancho Del Oro, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Ivey Ranch / Rancho Del Oro in May 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Ivey Ranch / Rancho Del Oro, CA
How long does it take to sell a home in Ivey Ranch / Rancho Del Oro, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 8 Days | -3.4% |
Summary: Homes in Ivey Ranch / Rancho Del Oro had an average of 8 days on market in May 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ivey Ranch / Rancho Del Oro are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Ivey Ranch / Rancho Del Oro; 100% of homes were sold within 30 days, 0% 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.