Rancho Santa Margarita Real Estate Report March 2013

Rancho Santa Margarita Real Estate Report

Rancho Santa Margarita Real Estate at a Glance:   Demand is high and climbing for Rancho Santa Margarita homes for sale and that should continue as the year progresses making it a great time to be a seller. Buyers need to be  prepared for multiple offer situations and move quick when they find a home they want.

South Orange County Real Estate General Economic Conditions:  Low inventory continues to make this a tough market for buyer and a great market for sellers. The record low interest rates and decreasing demand as you move up in property price makes this the ideal time for move up buyers.

Detached Homes

Current Active Inventory 19

Behind the Numbers

Average volume past 3 months 42

Prices on an upward trend which should continue as the year progresses

Volume  strong and should climb, right now there is a shortage of inventory to meet the demand.

rsm det price and volume

What this means for

Buyers – with available inventory extremely low buyers need to act quick and be prepared to face multiple offer situations. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best home for you.

Sellers –  You couldn’t ask for a better time to be a seller. Move up sellers get the added benefit of record low rates making their move up home less expensive per month right now. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 14

Behind the Numbers

Average volume past 3 months 30

Prices  upward trend should continue through the year

Volume  if a home hits the market is gets attention and offers quick the problem is the lack of inventory

rsm attached price and volume

What this means for

Buyers – move quick and be prepared for multiple offer situations. Offers need to come strong and quick to get a home right now. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers – Incredibly low inventory, record low rates and sky high demand what more could a seller ask for! If you have thought about selling now is the time.  For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

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