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Rancho Santa Fe Housing Update for May 2011

General Real Estate

Updated on Nov 5, 2012

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Known as the wealthiest zip code in California and the third wealthiest in the United States, it is easy to understand why so many are interested in purchasing Rancho Santa Fe Real Estate . This area has been a sound investment for years. With its numerous private schools, its natural resources, beauty, quality of life and community character, Rancho Santa Fe continues to be one of the most sought after home locations in San Diego County.

Rural Rancho Santa Fe is distinguished by its wide open spaces and estate homes. Winding driveways lead to traditionally styled Spanish, Mediterranean or Early California Hacienda homes flanked by fragrant citrus and native foliage. Rancho Santa Fe offers seven country clubs with golf, tennis and extensive social networks along with excellent schools, abundant privacy and more than 50 miles of riding trails in wooded settings. “The Ranch” has been named “the best place to live in the United States” by the Robb Report.

Rancho Santa Fe Homes for Sale range in price from $900,000 to $30,000,000. Currently there are a total of 220 single family detached homes available - price depends on size, amenities, condition and location. As of 5/1/2011 there are 11 homes that are in Contingent Status (this is typically a short sale and the bank or banks are reviewing the offers. You will find fewer short sales in the more exclusive areas). There are 38 homes in Pending Status and there have been a total of 70 properties sold since January 1, 2011.

If you are looking to purchase a home above the $1,000,000 price point, Ranch Santa Fe Real Estate for Sale should be on the top of your list.
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