posted 07/06/10 10:37 PM | updated 07/21/10 12:00 PM

Good news/bad news for RSF luxury home market with sales up 72% while prices drop 10%

The sign says it all for luxury home sales at Crosby Estate where all the streets are named after classic Bing Crosby tunes.

Rancho Santa Fe luxury home snapshot

Luxury home sales in the Rancho Santa Fe area are bucking the national trend of a downward real estate market.

Rancho Santa Fe home sales this year have outpaced the sales activity for the first half of 2009, according to the Dalzell Group, affiliated with Prudential California Realty.

Some 103 Rancho Santa Fe homes have sold this year, compared to 60 homes for the same period last year, a 72 percent increase. However, prices for the homes dropped 10 percent with many of those homes sold

The time it took to sell a local home increased 21 percent over 2009 to nearly five months, according to Multiple Listing Service data.

Case Study: The Crosby Estate

Crosby Estate, off Del Dios Highway, has had a tough time selling homes, according to sources. However, the luxury development completed just a few years ago appears to have rebounded. Fifteen homes sold so far this year, compared to five last year at this time. What's more, sales statistics showed Crosby Estate homes actually increased 17 percent in price. Market times also dropped a month, to four months, possibly due to the community being anchored by The Crosby Club and Golf Course. 

1.) Rancho Santa Fe Crosby Estates MLS Listings on the Market:

 

Address

Bedrooms

Baths

SqFt

List Price

Days on Market

17239 Turf Club Drive Dr

4

4

3,102

$789,900

27

16908 Simple Melody Ln

4

4

3,121

$809,900

59

17228 Turf Club Drive Dr

2

3

3,622

$896,900

2

16924 Simple Melody Lane Ln

4

4

3,102

$899,000

150

17028 Blue Shadows Ln

3

3

3,034

$974,900

43

16917 Simple Melody Ln

3

4

3,034

$1,095,000

80

17189 San Antonio Rose Ct

4

5

3,704

$1,200,000

127

8176 Pale Moon Road

4

5

4,033

$1,395,000

59

17074 San Antonio Rose Ct

5

5

3,704

$1,399,000

55

8165 Lamour

4

5

3,600

$1,495,000

163

16968 Going My Way

4

4

4,206

$1,495,000

97

17168 Blue Skies Ridge

5

6

4,700

$1,500,000

31

16530 Down Memory Ln

4

5

4,232

$1,599,000

124

8152 Pale Moon

5

6

5,573

$1,749,000

275

8164 Pale Moon

5

6

5,586

$1,785,876

167

16428 Irish Eyes Ln

4

5

4,720

$1,799,000

7

7960 Kathryn Crosby Ct

5

6

5,496

$1,850,000

8

16538 Road To Morocco

5

6

5,262

$1,950,000

167

8103 Pale Moon Rd

5

6

5,900

$1,950,000

58

7868 Top O The Morning Wy

5

7

5,686

$1,975,000

133

16514 Road To Morocco

4

5

4,795

$2,275,000

48

8056 High Time Rdg

4

5

4,016

$2,350,000

17

7904 White Christmas Ct

5

5

5,538

$2,385,000

6

16555 Road to Utopia

6

6

6,414

$2,569,000

147

8469 Top O The Morning

4

6

5,550

$2,875,000

4

7640 Top O The Morning Wy

4

5

6,658

$2,975,876

256

7616 Top O The Morning (308)

4

6

7,700

$3,195,000

506

16559 Road To Rio

6

7

6,485

$3,495,000

611

8075 High Time Ridge

4

5

6,362

$3,850,000

21

 

2.) Rancho Santa Fe The Crosby Estates MLS Listings Pending:

Address

Bedrooms

Baths

SqFt

List Price

Days on Market

17024 Blue Shadows Ln

2

3

3,387

$799,000

142

17023 Blue Shadows Lane Ln

4

5

3,622

$849,900

44

16970 Blue Shadows Lane Ln

3

4

3,102

$935,900

18

17153 San Antonio Rose

5

5

3,768

$1,125,000

182

16862 Stagecoach Pass

4

5

3,600

$1,195,000

126

17197 San Antonio Rose Ct

4

5

3,605

$1,299,000

31

17014 San Antonio Rose Ct

4

5

3,994

$1,545,000

81

8141 Lamour Lane

5

6

5,458

$1,550,000

437

8242 Top O The Morning

4

5

4,243

$1,675,000

36

 

3.) Rancho Santa Fe The Crosby Estates Homes SOLD: 

Address

Bedrooms

Baths

SqFt

Sold Price

Days on Market

17177 San Antonio Rose Ct

4

5

3,675

$1,199,000

54

7916 Clambake

4

5

4,241

$1,335,500

111

7936 Clambake

4

5

4,212

$1,365,000

123

7932 Kathryn Crosby Ct

6

6

5,207

$1,424,000

145

7904 Clambake

4

5

4,318

$1,350,000

95

17212 Country Girl

5

6

4,800

$1,275,000

330

16574 Road To Morocco

4

5

5,118

$1,725,000

59

8143 High Society Wy

4

5

4,032

$1,500,000

43

7948 Clambake Dr

4

5

4,318

$1,600,000

21

16526 Road To Morocco

5

6

5,092

$1,680,000

364

16744 Trade Winds Dr

4

6

5,466

$1,800,000

61

7744 Top O The Morning

5

6

5,634

$2,300,000

76

7645 Road To Singapore

4

6

6,000

$2,625,000

29

16570 Road To Rio

4

6

5,300

$2,800,000

84

7708 Top O The Morning Wy

4

5

6,202

$2,465,000

55

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