From January through June of 2017, there were 243 homes sold, with a median sale price of $740,000 - a 3.9% increase over the $712,000 median sale price for the same period of the previous year. There were 232 homes sold in Rancho Santa Margarita in the first half of 2016.
The following table compares Rancho Santa Margarita to other Orange County cities with similar median sale prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Las Flores | 38 | 24 | 58.3% | $790,000 | $753,000 | 4.9% |
Aliso Viejo | 134 | 153 | -12.4% | $790,000 | $750,000 | 5.3% |
Costa Mesa | 382 | 349 | 9.5% | $785,000 | $725,000 | 8.3% |
Lake Forest | 438 | 445 | -1.6% | $760,000 | $691,000 | 10% |
Fountain Valley | 235 | 217 | 8.3% | $745,000 | $695,000 | 7.2% |
Rancho Santa Margarita | 243 | 232 | 4.7% | $740,000 | $712,000 | 3.9% |
Mission Viejo | 549 | 574 | -4.4% | $719,000 | $670,000 | 7.3% |
Brea | 218 | 196 | 11.2% | $695,000 | $672,000 | 3.4% |
Orange | 536 | 538 | -0.4% | $680,000 | $649,250 | 4.7% |
Placentia | 236 | 218 | 8.3% | $657,500 | $644,000 | 2.1% |
Fullerton | 576 | 528 | 9.1% | $650,000 | $627,500 | 3.6% |