Here’s your single family home real estate update for Rancho Bernardo (Zip 92128).
Average sales price for November is down 11% Month over Month and flat YOY. Price per square foot is also down about 7% MOM and down about 7% YOY.
New and Active Listings for November in Rancho Bernardo are down 4 homes and 12 homes MOM. Active Listings remain elevated compared to the last November, as the market is still trying to absorb the surge of homes to market from February through August this year. Months Supply continues to decrease from this year’s high in August (4 months supply), but it is still above average compared to the past 5 years.
Homes have been selling mostly at or below asking price since May of 2024 and in November this trend continues at 97% close price/original ask price. As a buyer, this means you may be able to buy the home for less than its list price. As seller, if the offer is close to ask price and terms are good, consider how to make a deal and don’t be surprised to see offers below ask.
Average November Sales Price:
2025: $1.12M
2024: $1.16M
2023: $1.20M
2022: $957K
2021: $1.10M
Currently in Rancho Bernardo there are 52 Active Homes for Sale (post date 12/10/25) ranging in price from $729,900 to $2,799,999. If you’d like more information on these homes or would like to better understand how working with a buyer’s agent has changed, I welcome the opportunity to be your real estate resource.
92128 SFR Sales in November 2025:
Highest: $2,100,000 ($611/SF)
Lowest: $645,000 ($404/SF)
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Rancho Bernardo Market Cools: Prices Slip, Listings Elevated, Buyers Gaining Leverage
Here’s your single family home real estate update for Rancho Bernardo (Zip 92128).
Average sales price for November is down 11% Month over Month and flat YOY. Price per square foot is also down about 7% MOM and down about 7% YOY.
New and Active Listings for November in Rancho Bernardo are down 4 homes and 12 homes MOM. Active Listings remain elevated compared to the last November, as the market is still trying to absorb the surge of homes to market from February through August this year. Months Supply continues to decrease from this year’s high in August (4 months supply), but it is still above average compared to the past 5 years.
Homes have been selling mostly at or below asking price since May of 2024 and in November this trend continues at 97% close price/original ask price. As a buyer, this means you may be able to buy the home for less than its list price. As seller, if the offer is close to ask price and terms are good, consider how to make a deal and don’t be surprised to see offers below ask.
Average November Sales Price:
2025: $1.12M
2024: $1.16M
2023: $1.20M
2022: $957K
2021: $1.10M
Currently in Rancho Bernardo there are 52 Active Homes for Sale (post date 12/10/25) ranging in price from $729,900 to $2,799,999. If you’d like more information on these homes or would like to better understand how working with a buyer’s agent has changed, I welcome the opportunity to be your real estate resource.
92128 SFR Sales in November 2025:
Highest: $2,100,000 ($611/SF)
Lowest: $645,000 ($404/SF)