Rancho Penasquitos Real Estate Market Hits Peak in Home Prices

The Rancho Penasquitos market was active in this week's report, as the number of home sales climbed 3.3%, pushing the total to 93 homes sold over the last 30 days. To put it in perspective, the close-by Rancho Bernardo neighborhood registered 85 homes sold in those same 30 days, the most of all surrounding neighborhoods. The prices of sold homes went up with the median sales price setting a three-month high at $740,000. With only two months of inventory and rising sales prices, Rancho Penasquitos is a definite seller's market.

Without price being a factor in your decision, these are the top homes being listed in Rancho Penasquitos:

$5.3M   $4.4M   $4.4M  

Get started right now by checking out Rancho Penasquitos homes for sale or reviewing Rancho Penasquitos real estate trends.

Demographic facts about Rancho Penasquitos:

  • This area has an affordability rating of 38. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 13.0 inches per year. (U.S. average: 36.5)
  • The area's income per capita is $32,846.
  • The school rating in this area is 93. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016


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