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Thursday, November 7, 2024

Median home prices in Rancho Santa Margarita rose to $758,000 in January 2020

Realestate4

The median sale price of a home sold in January 2020 in Rancho Santa Margarita rose by $38,750 while total sales decreased by 54.5%, according to BlockShopper.com.

In January 2020, there were 10 homes sold, with a median sale price of $758,000 - a 5.4% increase over the $719,250 median sale price for the same period of the previous year. There were 22 homes sold in Rancho Santa Margarita in January 2019.

The following table compares Rancho Santa Margarita to other Orange County cities with similar median sale prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Aliso Viejo201181.8%$840,000$749,00012.1%
La Palma550%$830,000$685,00021.2%
Lake Forest44417.3%$828,750$775,0006.9%
San Juan Capistrano2912141.7%$812,500$690,00017.8%
Fullerton806425%$772,500$686,00012.6%
Rancho Santa Margarita1022-54.5%$758,000$719,2505.4%
Orange704652.2%$753,000$722,5004.2%
Fountain Valley2527-7.4%$750,000$789,000-4.9%
Placentia2814100%$735,000$758,250-3.1%
Mission Viejo564816.7%$730,000$735,000-0.7%
Westminster392934.5%$727,000$658,00010.5%

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