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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Rancho Santa Margarita. Low rates with falling home prices makes a home purchase a great value! Call now for more information at
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| Average Home Price | $375,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $450,000 - $499,000 |
| Worst Selling Price Range | $950,000 - $999,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Rancho Santa Margarita is | Decreasing |
| Seller Activity for the past 90 days in Rancho Santa Margarita is? | Decreasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 45-50% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Rancho Santa Margarita! |
| Nearest Metro Area | Orange County |
| Housing Hot Spots | Most cities within the Orange County area are considered 'Housing Hotspots' |
| Average Sold Price | $375,000 - View Graph Trend |
Rancho Santa Margarita Local News
Market Update for Rancho Santa Margarita, CA - January 11th, 2011 1:11pm
There are currently 302 homes on the market in Rancho Santa Margarita. 148 houses ranging from $375,000 to $880,000 and 154 condos priced from $95,000 to $535,000. There are 143 short sales.
How to avoid an endless House Hunt - December 22nd, 2010 11:43am
1. Get pre-approved
2. Make a list of:
a. must -haves
b. these would be nice
c. deal breakers
3. Find the right neighborhood first
4. Give yourself a deadline
5. Find a good agent
According to a 2009 National Association of Realtors study, the median buyer shopped for 12 weeks and looked at 12 homes.
Rancho Santa Margarita Listing Activity as of 12/6/2010 - December 6th, 2010 1:36pm
There are currently 302 listings on the market in Rancho Santa Margarita. 152 of them are Single Family Residences ranging from $380,000 to 1.1 million and 150 Condos ranging from $95,000 to $550,000. Half of the current inventory are short sales, so there are some significant discounts available. With an experienced agent by your side, a short might just be something you should consider.
Contact Information
CENTURY 21 Beachside Realtors®
800-221-5234
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
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 800-221-5234
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