Justin Tye

Rancho Santa Margarita, CA

Single-Family Homes

Active Realty I REAL



Rancho Santa Margarita, CA

Fri May 24 2024
This week the median list price for Rancho Santa Margarita, CA is $1,299,000 with the market action index hovering around 89. This is less than last month's market action index of 96. Inventory has increased to 9. Click here to stay informed with the Rancho Santa Margarita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rancho Santa Margarita, CA

Fri May 24 2024
This week the median list price for Rancho Santa Margarita, CA is $1,299,000 with the market action index hovering around 89. This is less than last month's market action index of 96. Inventory has increased to 9. Click here to stay informed with the Rancho Santa Margarita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rancho Santa Margarita market.
Median List Price $1,299,000
Median Price of New Listings $1,035,000
Per Square Foot $647
Average Days on Market 13
Median Days on Market 7
Price Decreased 22%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 89
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,560,000 2,182 0 - 4,500 sqft 4 3 26 0 0 24
$1,475,000 2,423 4,500 - 6,500 sqft 4 3 24 0 0 7
$1,293,944 1,869 0 - 4,500 sqft 3 3 30 0 0 17
$1,035,000 1,669 0 - 4,500 sqft 3 3 29 1 0 7