10 homes sold in Rancho Del Rey in the month of April. That is 3 more homes than March 2022.
The average sales price for a detached home in the area increased by 15% in the month of April. The average price in April was $1,062,500 compared to $899,600 in March 2022. The average price for condos and townhomes increased by 10% with an average price of $698,983 in the month of April.
Homes sold in an average of 15 days in the month of April which is the same average time they took to sell in March.
There were 12 homes listed for sale in April. There are currently only 4 actively listed for sale and 12 are under contract. Inventory continues to be a challenge for potential buyers.
*All information is deemed reliable, but not guaranteed. Information obtained through the San Diego MLS on May 5th, 2022.
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Favio Ortega - REALTOR®