Home Sales Down in Rancho Penasquitos Real Estate Market

In this week's report, the number of homes sold in the Rancho Penasquitos market dropped to 47 over the past 30 days, a decrease of 14.5% from last week's report. Meanwhile, the Rancho Bernardo neighborhood reported 42 home sales, the highest number from all of the surrounding neighborhoods. Prices are rising in Rancho Penasquitos, and the median sales price this period increased from $735,000 to $758,800. In spite of the decrease in sales, a low two months of inventory signals that Rancho Penasquitos is a solid seller's market.

Trying to find a more traditional home in Rancho Penasquitos? Then check out these listings that were built before most others in the market:

$699K   $589K   $620K  

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

Demographic facts about Rancho Penasquitos:

  • The population has decreased 7.6% in the last 10 years.
  • The lifestyle rating here is 66. (Scale: 1 = Worst, 100 = Best)
  • 81.5% of the residents travel to work in an automobile, 10.0% via carpool, and 1.1% by way of public transit.

Data reported through 1/11/2017

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