Rancho Santa Margarita Short Sale Real Estate report.

by Vince Bindi on January 18, 2012

The following report is for standard sales and short sales in Rancho Santa Margarita. This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property sales in Orange County. Currently, there are a total of 97 detached homes listed for sale in Rancho Santa Margarita, California. The median price of these active homes for sale is $525,000 and the average price per square foot is $240. Of this total, 44 are short sale listings active for sale. These short sale listings represent 45% of the total inventory of detached homes for sale. The median price of these short sale properties is $455,000 and the average price per square foot is $228.

Currently, there are 82 detached homes under contract in escrow, and the median price of these pending properties is $500,000. Of this total pending properties, 67 are short sales, which is 82% of the total detached properties in escrow in Rancho Santa Margarita. The median price is $499,000.

In the past 90 days, there have been a total of 88 detached homes that have sold and closed escrow in Rancho Santa Margarita. The median price of these sold homes was $525,000 and the average price per square foot was $238. Of this total were 33 short sale properties, which was 38% of the total sales. The median price was $469,000, and the average price per square foot was $235.

For more information about short sale homes and condos, please visit our website at: Rancho Santa Margarita Short Sale Real Estate. To speak with a Short Sale professional, or to set an appointment, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

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