Is Ivey Ranch / Rancho Del Oro, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ivey Ranch / Rancho Del Oro is a seller's market

Buyer's
Market

Difference Since August 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

$885,000

$484/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$70,000(+8.6%)

Key Takeaway

Homes in Ivey Ranch / Rancho Del Oro have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Ivey Ranch / Rancho Del Oro was $885,000 in August 2024, up 8.6% from last year, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $667.5K$747.5K
+12.0%
3 $775K$850K
+9.7%
4 $865K$930K
+7.5%
5+ $995K$1.1M
+12.3%

Summary: Ivey Ranch / Rancho Del Oro housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Neighborhoods

Ivey Ranch / Rancho Del Oro
+8.6%
Oceana
+7.7%
San Luis Rey
+3.3%

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

Jul 2024Aug 2024CHANGE
4037-7.5%

Summary: The Ivey Ranch / Rancho Del Oro real estate market had 37 homes for sale in August 2024, a 7.5% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1616
0.0%
4 1716
-5.9%
5+ 31
-66.7%

Summary: The Ivey Ranch / Rancho Del Oro housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ivey Ranch / Rancho Del Oro, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Ivey Ranch / Rancho Del Oro in August 2024, up by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 0% were sold at asking, and 42% 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

Aug 2023Aug 2024CHANGE
16 Days25 Days+55.7%

Summary: Homes in Ivey Ranch / Rancho Del Oro had an average of 25 days on market in Aug 2024, up by 55.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ivey Ranch / Rancho Del Oro are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 12 homes were sold in Ivey Ranch / Rancho Del Oro; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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