Real Estate Market Update for Rancho Santa Margarita, CA

Video: Real Estate Community Tour for Rancho Santa Margarita, CA

See Real estate community tour for Rancho Santa Margarita, CA
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 8% from one year earlier, and up 18% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 5%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 540-thousand dollars. The number of units sold decreased 14% year-over-year, and increased 25% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Rancho Santa Margarita, CA
Area Information for Rancho Santa Margarita, CA
  • Population: 48,216
  • Median Age: 37.22 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,781/sq mi
  • Population Change Since 2000: 2.3%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Soka University Of America
  • Closest Jr. College: Saddleback College
  • Median Household Income: $103,074
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $530,000
  • Closest Major Sports Team: Lake Elsinore Storm (a)
  • Change Avg. Household Income Since 2000: 30.82%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Rancho Santa Margarita, CA
Median Age: 37.22 Married: 45% Number of Households: 16,838 Households with Children: 7,216
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Rancho Santa Margarita, CA

      School Name Distance Type Grades School Rating Parent Rating
      R. S. M. Montessori Elementary School 0.0 mi Private PRESCHOOL-1 0 0
      Mission Hills Christian School 0.4 mi Private PRESCHOOL-8 0 0
      Tijeras Creek Elementary School 0.5 mi Public K-5 5 0
      Kindercare Learning Centers Inc # 1535 0.5 mi Private PRESCHOOL-K 0 0
      Kingdom Life Academy 0.5 mi Private K-7 0 0
      Rancho Viejo, The 0.6 mi Private PRESCHOOL-8 0 0
      St. John's Episcopal School 0.8 mi Private PRESCHOOL-8 0 0
      Lutheran Saddleback Children's Center 0.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Arroyo Vista Elementary School 0.9 mi Public K-8 4 0
      Arroyo Vista Middle School 0.9 mi Public K-8 5 0
      Montessori At The Park 1.1 mi Private PRESCHOOL-K 0 0
      Serra Catholic School 1.1 mi Catholic PRESCHOOL-8 0 0
      Rancho Santa Margarita Intermediate School 1.3 mi Public 7-8 4 0
      Cielo Vista Elementary School 1.5 mi Public K-6 4 0
      Santa Margarita Catholic High School 1.6 mi Catholic 9-12 0 4
      Melinda Heights Elementary School 1.6 mi Public K-6 5 0
      Trabuco Mesa Elementary School 2.0 mi Public PRESCHOOL-6 5 0
      Tesoro High School 3.4 mi Public 9-12 5 4
      Las Flores Middle School 3.6 mi Public 6-8 5 0
      Las Flores Elementary School 3.6 mi Public PRESCHOOL-5 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for Rancho Santa Margarita, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.