Luxury Markets Price Per Square Foot for Active Inventory

by Jeffrey Douglass on October 20, 2009

in Communities, Coronado, Del Mar, La Jolla, Rancho Santa Fe, Real Estate, Statistics

San Diego Luxury Markets price per square foot. The latest Altos reports are out yesterday and I thought it would be interesting to see what the luxury markets of Coronado, Del Mar, La Jolla, and Rancho Santa Fe were doing on a median price per square foot basis for active listings.

101009-MedianPerSqFt-Luxury

Rancho Santa Fe was the most dramatic drop in median price per  square foot from just under $1,200 per square foot in late 2007 to under $600.00 as of yesterday.  Rancho Santa Fe is also the San Diego luxury market with the largest homes – note the chart below showing an median of just over 6,000 square feet.

102009-Median_SqFt-Luxury