Here’s your Rancho Penasquitos (Zip 92129) real estate update for single family residences.
Although price per square foot sold is near the year low, compared to past Octobers, it look like the market is healthy.
October Average Price / Square Foot Sold Zip 92129
2025 – $685/SF
2024 – $722/SF
2023 – $643/SF
2022 – $621/SF
2021 – $579/SF
New Listings for Rancho Penasquitos came in at 31 for October, up 10% from last year! As of this posting (Nov. 4) there are 42 active listings in Rancho Penasquitos ranging in price from $898,800 to $1,700,000.
Rancho Penasquitos Single Family Homes Sold for October 2025:
Highest – $2,700,000
($731/SF – $201K [8%] over ask and highest recorded price for ZIP 92129)
Lowest – $874,900
($583/SF – $90K [9%] below ask)
Looks like our own little wacky “K” shaped real estate market here in PQ!
As the market slows, which is typical for this time of year, I went and looked at how many homes that didn’t sell and came off the market. As expected, October has the most over the past 6 months with 15 home withdrawn. This is the result of a few factors. One; seasonal, sellers don’t want to be bothered as we approach the holidays. Two; sellers aren’t getting the interest/offers they expected so they’ll try again next year. And three; some sellers decide to rent out their homes instead to capture a steady stream of income while waiting for a stronger market.
I’m here to chat about your home’s value in this changing market. And I also welcome any buyers looking to better understand how buyer representation works now that the new regulations are in effect.
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Rancho Penasquitos Slowing in Fall
Here’s your Rancho Penasquitos (Zip 92129) real estate update for single family residences.
Although price per square foot sold is near the year low, compared to past Octobers, it look like the market is healthy.
October Average Price / Square Foot Sold Zip 92129
2025 – $685/SF
2024 – $722/SF
2023 – $643/SF
2022 – $621/SF
2021 – $579/SF
New Listings for Rancho Penasquitos came in at 31 for October, up 10% from last year! As of this posting (Nov. 4) there are 42 active listings in Rancho Penasquitos ranging in price from $898,800 to $1,700,000.
Rancho Penasquitos Single Family Homes Sold for October 2025:
Highest – $2,700,000
($731/SF – $201K [8%] over ask and highest recorded price for ZIP 92129)
Lowest – $874,900
($583/SF – $90K [9%] below ask)
Looks like our own little wacky “K” shaped real estate market here in PQ!
As the market slows, which is typical for this time of year, I went and looked at how many homes that didn’t sell and came off the market. As expected, October has the most over the past 6 months with 15 home withdrawn. This is the result of a few factors. One; seasonal, sellers don’t want to be bothered as we approach the holidays. Two; sellers aren’t getting the interest/offers they expected so they’ll try again next year. And three; some sellers decide to rent out their homes instead to capture a steady stream of income while waiting for a stronger market.
I’m here to chat about your home’s value in this changing market. And I also welcome any buyers looking to better understand how buyer representation works now that the new regulations are in effect.