The Ladera Ranch real estate market has slowed down considerably in the past 12 months, but on the other hand it is far from a bubble bursting. In the past 90 days, there have 83 homes that have sold and closed escrow in Ladera Ranch. The median priced home sold was $915,000 and the average price was $1,051,000. The average price per square foot was $313 and the average days on market was 82 days.
For attached Condos, there were 36 Condominiums that sold and closed escrow in the past 90 days. The median sold price was $500,000 and the average sales price was $538,852. The average price per square foot was $307 and the average days on market was 81.
During this same 3 month period last year, there were 87 detached homes that have sold and closed escrow in Ladera Ranch. The median price of these 87 homes was $785,000 and the average price was $916,025. The average price per square foot is $374 and the average days on market was 58 days. Comparing today’s prices to last year shows that the market has maintained well despite the negative press in the newspapers. The median price has increased 16% and the average price was up by 14% in the past 12 months. The average price per square foot has decreased by 21% in the past 12 months, which indicates that larger homes have been purchased recently as compared to 12 months ago.
For attached Condos, there 47 Condominiums that sold and closed escrow in Ladera Ranch last year during the same 3 month period. The median Condo sales price was $495,000 and the average price was $537,377. The average price per square foot was $362 and the average days on market was 49. The median and average price for attached Condos has remained relatively unchanged compared to this same 90 day period 12 months ago.
Currently, there are 33 detached homes under contract In Escrow in Ladera Ranch. They range in price from $624,900 for a 3 bedroom, 2.5 bath, 1,600 square foot home on Cecil Pasture Rd in the Waistcoat tract, on up to $1.75 Million for a 6 bedroom, 5.5 bath, 5,695 square foot estate on Andromeda Isle in Covenant Hills. The average price of these homes in escrow is $1.16 Million and the average price per square foot is $365.
Currently, there 148 detached single family homes listed for sale in Lad era Ranch. These homes ranch in price from $560,000 for a 3 bedroom, 3.5 bath, 1,700 square foot home on Reinhard Rd in the Carleton tract in Tremor Village. The highest asking price is $6 Million for a brand new 6 bedroom, 5 bath, 7,716 square foot estate on Franciscan Crt in Covenant Hills. The median price is $1.1 Million and the average price is $1.39 Million. The average price per square foot is $411 and the average days on market for 86 days.
For attached townhomes, there are 85 condos currently active for sale in Ladera Ranch. These condos range in price from $389,900 for a 1 bedroom, 1.5 bath, 1,100 square foot condo on Hinterland Way in the Valmont tract. On up to $955,000 for a 3 bedroom. 3.5 bath, 2,246 square foot condo on Tuscany in the Castellina tract.
If you would like to view all Condos listed for sale, please visit our website at: Ladera Ranch Homes and Condos for Sale. Also visit Avendale Village Condos and Avendale Village Homes for Sale.
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