In the last 30 days 49 homes have closed escrow in all of Rancho Santa Margarita. There are currently 327 homes listed as Active. That works out to 200 days of inventory or roughly 6.5 months (which is good from both a seller and buyer perspective) I wondered what the sweet spot was size wise. Quickly I found that 1/2 were under 1400sqft and 1/2 were over. But that doesn't really tell the story. So, here is a breakdown of the closings within a 100 square foot range.
Average Square Footage of all closed sales - 1439sqft
Average Price per square foot - $245.72
Lowest Price per Square foot - $174
Highest Price per Square foot - $338
Largest Home in our Data Base to ever sell in Rancho Santa Margarita - 17,510 - but that has to be a typo because it's a condo and it doesn't look very big;-) 2nd largest - 5000 sqft.
Smallest - Good Question - there are 79 sales of homes on record that have zero square feet - talk about small! Note to agents - ALWAYS ENTER THE SQFT - at least in this part of the county
The smallest above zero? 410sqft.
Nothing smaller than 500sqft sold in the last 30 days.
500-600 1 closed
600-700 4 closed
701-800 0 closed
801-900 3 closed
901-1000 0 closed
1001-1100 5 closed
1101-1200 3 closed
1201-1300 5 closed
1301-1400 5 closed
1401-1500 7 closed
1501-1600 3 closed
1601-1700 2 closed
1701-1800 2 closed
1801-1900 1 closed
1901-2000 2 closed
2001-2100 0 closed
2100-2200 0 closed
2201-2300 1 closed
2301-2400 1 closed
2401-2500 1 closed
2501-2600 1 closed
2601-2700 1 closed
2701-2800 0 closed
2801-2900 1 closed
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