Rancho Santa Margarita Real Estate Market Sees Sales Down

In this week's report, the number of homes sold in the Rancho Santa Margarita market fell to 47 over the past 30 days, a decrease of 17.5% from last week's report. In comparison, nearby Irvine had 185 sales in the same time frame, the most of all neighboring cities. Prices are rising in Rancho Santa Margarita, and the median sales price this period increased from $635,000 to $640,000. In spite of the decrease in sales, a low two months of inventory signals that Rancho Santa Margarita is a solid seller's market.

Trying to find a home in Rancho Santa Margarita that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$2.4M   $850K   $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 about Rancho Santa Margarita:

  • The average elevation is 1,041 ft.
  • The area's median income per household is $88,193.
  • For every counselor there are 1,414 students in this area. (513 = national average)

Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Realty ONE Group
3 reviews
EHM Real Estate
Snapped 1 home in this area
Realty One Group
Snapped 5 homes in this area

Agents that specialize in this area
1 snap in this area
6 snaps in this area
1 snap in this area
3 snaps in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
8 snaps in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 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.