Rancho Penasquitos Median Home Price for 2008

Update for the Rancho Penasquitos Market

Rancho Penasquitos in 92129 had a median home price in 2007 of $640,000. This is higher by $5,000 over the 2006 median home price of $635,000 but $19,000 less than the 2005 peak median price of $659,000. Rancho Penasquitos home prices have held very stable in the unstable San Diego real estate market. Rancho Penasquitos has given back little of its peak median home price of 2005. Since Route 56 opened up Rancho Penasquitos has enjoyed and will continue to enjoy fast beach access to Torrey Pines, Del Mar, and Encinitas beaches. There are 110 homes on the market in February 2008 while doing this post. The homes have an average list price of $655,582 and average days on market of 68 days.

Year Med. Price

1988 $176,381 

1989 $220,000

1990 $226,000

1991 $215,000

1992 $214,000

1993 $207,000

1994 $205,000

1995 $203,000

1996 $205,000

1997 $220,000

1998 $249,000

1999 $270,000

2000 $320,000

2001 $352,000

2002 $405,000

2003 $470,000

2004 $623,546

2005 $659,000

2006 $635,000

2007 $640,000

When you’re ready to look for a home in Rancho Penasquitos, sell a home in Rancho Penasquitos or have any Rancho Penasquitos real estate questions make sure you call Dawn Lewis 619-981-3917.

Contact The Lewis Team today

619-656-0655