Rancho Santa Margarita Real Estate Market Sees Sales Decline

The Rancho Santa Margarita market slowed with a 4.9% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 68.8 monthly average with 58 homes sold. Meanwhile, close-by Irvine reported 231 homes sales, the highest number from all the surrounding cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $533,000 this week.

If you need more bedrooms, take a look at these homes in Rancho Santa Margarita that offer more than other listings:

$2.4M   $899K   $1.4M  

Get started right now by checking out Rancho Santa Margarita homes for sale or reviewing Rancho Santa Margarita real estate trends.

Demographic facts for Rancho Santa Margarita:

  • There are 3,693.1 people per square mile in this area.
  • The lifestyle rating here is 78. (Scale: 1 = Worst, 100 = Best)
  • 83.6% of the residents travel to work in an automobile, 8.5% via carpool, and 1.0% by way of public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Realty ONE Group
3 reviews
First Team Real Estate
Snapped 1 home in this area
Firenze Real Estate Group
Snapped 8 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
5 snaps in this area
6 snaps in this area
3 snaps in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.