Real Estate Blog

9566 Paseo Montril: How a Rancho Peñasquitos Home Sold $15,000 Over Asking

Defying the Odds in Rancho Peñasquitos: How 9566 Paseo Montril Sold for $15,000 Over Ask – featured image, Jeff Brick, Compass San Diego

Published · By Jeff Brick, 2026 SDMLS President

Quick answer: 9566 Paseo Montril in Rancho Peñasquitos (92129) drew multiple offers in one weekend and went under contract in 2 days at $1,365,000, $15,000 over its $1,350,000 list price, closing on March 23, 2026, at a time when newer nearby listings were coming on at lower prices.

While headlines suggested a cooling market, the sale of 9566 Paseo Montril proved that the right preparation and strategy still deliver. Newer listings in Rancho Peñasquitos were entering at lower price points and pulling local values down, and we managed to do the opposite.

The weekend sprint: multiple offers and a premium price

  • Speed to contract: within one weekend we had strong showing traffic and multiple competing offers.
  • Negotiation: in 2 days I negotiated acceptance of a $1,365,000 purchase price.
  • Result: $15,000 over the $1,350,000 list price, in a neighborhood where other sellers were pricing with caution.
  • Closed: March 23, 2026.

What made this home stand out

The owners had upgraded the home thoughtfully before we listed, and that is what buyers paid for:

  • An all-new kitchen with very high ceilings, gourmet appliances and contemporary finishes, plus a whole-home water treatment system.
  • Privacy and views: tucked away on the street with unobstructed valley views from the backyard.
  • An upgraded primary suite with a spa shower with rain-head options and an expanded walk-in closet with built-in cabinetry, and custom built-ins in the secondary bedroom closets as well.
  • Finishing touches: new interior doors, and a neighborhood park just down the street.

The 92129 market when we listed (January 2026)

SDAR data for detached homes in 92129 in January 2026 showed why a well-prepared home could command a premium:

  • Closed sales up 57.1% year over year, with 22 homes closing in January.
  • Inventory down 16.7%, with only 20 detached homes for sale, about a 1.0-month supply.
  • Average days on market up to 42 days, from 20 a year earlier.
  • Median detached sales price of $1,355,000.

Why this sale matters for Rancho Peñasquitos

Some data for February and March 2026 showed a slight year-over-year dip in 92129 median prices. 9566 Paseo Montril shows that well-prepared, strategically marketed homes can still command a premium, and selling above many recent nearby comps helps support the value of the homes around it. For more on the area, see my Rancho Peñasquitos neighborhood guide.

FAQ

How much did 9566 Paseo Montril in Rancho Peñasquitos sell for?

9566 Paseo Montril in Rancho Peñasquitos (92129) sold for $1,365,000, which was $15,000 over its $1,350,000 list price, and closed on March 23, 2026.

How fast did 9566 Paseo Montril go under contract?

9566 Paseo Montril drew strong showing traffic and multiple competing offers within one weekend, and I negotiated acceptance of a $1,365,000 purchase price in 2 days.

What is the median home price in Rancho Peñasquitos 92129?

In January 2026, SDAR data showed a median detached sales price of $1,355,000 in 92129. Only 20 detached homes were for sale, about a 1.0-month supply, and average days on market rose to 42 days from 20 a year earlier.

What upgrades helped 9566 Paseo Montril sell over asking?

The owners of 9566 Paseo Montril added an all-new kitchen with very high ceilings and gourmet appliances, a whole-home water treatment system, an upgraded primary suite with a spa shower and expanded walk-in closet, custom closet built-ins and new interior doors. The home also has unobstructed valley views from the backyard.

What is your home worth today?

If you have been watching neighbors list for less and wondering what it means for your equity, the right preparation and representation make all the difference in whether you follow the market down or lead it up. Request a home value estimate and I will show you exactly what we did to get Paseo Montril sold fast and over asking.

About the author
Jeff Brick, 2026 President, San Diego MLS

Jeff Brick has helped San Diego buyers and sellers since 1999. He serves as 2026 President of the San Diego Multiple Listing Service and on the Board of Directors of the San Diego Association of REALTORS®.

Free · once a month · on the 8th

Get The San Diego Insider

Real numbers for your neighborhood from the San Diego MLS, a short note from Jeff, and the homes worth seeing. One email a month. Unsubscribe any time.

We’ll email you once to confirm. Your email is used only for this newsletter and never sold. No texts. Privacy

Do Not Sell or Share My Personal Information · Privacy Policy