Is Scripps Ranch, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Scripps Ranch has remained a Seller's Market.
Housing Prices in Scripps Ranch, CA
How much do homes in Scripps Ranch, CA cost?
Median Sold Price
$1,400,000
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scripps Ranch was $1,400,000 in April 2024, up 12.4% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $675K | $690K | +2.2% |
3 Bedrooms | $1.0M | $1.1M | +9.9% |
4 Bedrooms | $1.3M | $1.5M | +14.3% |
5+ Bedrooms | $1.6M | $1.7M | +2.7% |
Summary: Scripps Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Neighborhoods
Miramar Ranch North | $1.3M | $1.4M | +14.3% |
Scripps Ranch | $1.2M | $1.4M | +12.4% |
Housing Supply in Scripps Ranch, CA
How many homes are available in Scripps Ranch, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 31 | +29.2% |
Summary: The Scripps Ranch real estate market had 31 homes for sale in April 2024, a 29.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Scripps Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Scripps Ranch in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Scripps Ranch, CA
How long does it take to sell a home in Scripps Ranch, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 21 Days | +84.4% |
Summary: Homes in Scripps Ranch had an average of 21 days on market in Apr 2024, up by 84.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Scripps Ranch; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.