Scripps Ranch is a family oriented community among thousands of acres of hills, eucalyptus and pine trees, scenic views and a beautiful countryside right next to Miramar Lake. Located in San Diego, California, most of the open space of Scripps Ranch has been set aside for parks, ball fields, nature trails, wildlife and a variety of outdoor activities. Lake Miramar is located in the center of Scripps Ranch, approximately 18 miles north of downtown San Diego. It is open everyday, from sunrise to sunset, for walking, biking, jogging, rollerblading, picnicking, fishing etc.
This is a discussion on the sales prices of homes sold recently as compared to last year. In the past 90 days, there have been 36 homes that have sold and closed escrow in Scripps Ranch, CA. These homes range in prices from a low of $384,000 for 3 bedrooms 3 bath, and 1216 square foot home on Caminito Arcada. With a high price of $950,000 for a 6 bedroom, 4 baths, and 3267 square foot home on Oakfort Place. The average sold price is $637,627 the average price per square foot is $275.28 and the average days on market are 54 days. Sales price compared to list price is 97%.
During this same 90 day period last year, there were 43 homes that sold and closed escrow in Scripps Ranch, CA. These homes range in price from a low of $456,200 for a 3 bedroom, 2 bath, and 1,251 square foot home on Mesa Madera Dr. Up to the high price of $1,136,752 for a 4 bedroom, 5 baths, 4,744 square foot home on Caspian Place. The average price of these sold homes one year ago was $763,440 and the average price per square foot was $306.05. Also, the average days on the market were 51 days. Sales price compared to list price is 94%.
Comparing these figures to the current market are the following; the average price decreased by 16% and the average price per square foot decreased by 10%. Comparison on the number of sales decrease by 3%.
The prices have moderately decreased, compared to the rest of the market, high inventory and increase in foreclosures. The moderate change in sales activity shows sign of stability for this area.
If you would like to view all homes, condos or bank owned foreclosures (REO). Short sales, listed for sale, please visit our website at: County Properties San Diego or County Properties Riverside
