Ladera Ranch Real Estate

The real estate market in south Orange County has slowed down considerably in the past 12 months, including Ladera Ranch, CA.  Home and Condos are still selling here, but they have to be priced at just below “Market Value” in order to sell.  Below is the current snap shot of Condo and detached Home prices for Ladera Ranch.

Currently there are 153 attached condos fro sale ranging in price from a low of $394,900 for a 1 bedroom. 1.5 bath, 2 car garage on Sansovino street in the Sansovino tract.  The highest priced condo for sale is $869,900 for a 3 bedroom, 2.5 bath, 2 car garage on Salvatore street in the Castellina subdivision.  The median priced Condominium is $545,000 and the average asking price for Condos in Ladera Ranch is $553,537.  

On this day there are 14 attached condominiums that are under contract In Escrow in Ladera Ranch.  They range in price from $449,000 for a 2 bedroom, 2.5 bath, 2 car garage on Valmont street in the Valmont tract, on up to $659,000 for a 3 bedroom, 2.5 bath, 2,105 square foot townhome on Azara street in the Branches subdivision.  The median priced condo currently in escrow is $519,900.

For the past 90 days, there were 53 condos and townhomes that have sold and closed escrow in Ladera Ranch.  These range in price from a low of $379,900 for a 1 bedroom, 1.5 bath, 1,000 square foot condo on Sansovino street in the Sansovino subdivision.  On up to $830,000 for a 4 bedroom, 3 bath, 2,581 square foot townhome on Salvatore street in the Castellina subdivision.  The Median priced condo that sold was $497,500 and the average price was $515,245.  The average days on market was 61 days, and the average price per square foot was $342/SqFt.   Compared to the same 90 day period one year ago (2006′), we had a total 57 condos that sold and closed escrow.  These condos ranged in price from $405,000 on up to $685,000.  The median price was $520,000 and the average price was $535,310.  The average days on market was 51 days and the average price per square foot was $363/SqFt.  

For detached single family homes (SFR’s), there are currently 264 homes listed for sale, and they range in price from $586,000 for a 3 bedroom, 2.5 bath, 1,397 square foot 2 story, Bank Short Sale home on Ash Hollow Trail in the Trails subdivision.  The highest asking price is $5,795,000 for a 4 bedroom, 5.5 bath, 7,269 square foot estate on San Jose street located in Covenant Hills.  The median priced home for sale currently in Ladera Ranch is $979,000 for a 5 bedroom, 3 bath, 2,800 square foot 2 story home. 

Today, there are a total of 40 detached homes in Ladera Ranch that are sold under contract in escrow.  These homes range in price from $599,000 for a 3 bedroom, 2,5 bath, 2,000 square foot home on Rinehart road in the Tarleton tract.  And the highest asking price in escrow is $1,775,000 for a 6 bedroom, 4.5 bath, 3,900 square foot estate on Fayette circle in the Bellataire subdivision. The median price of these 40 homes is $1,049,000.

For the past 3 months, there have been 73 homes that have sold and closed escrow.  These detached homes range in price from $578,000 for a 3 bedroom, 2.5 bath, 1,550 square foot home in Snapdragon street, in the Savannah tract.  Up to $2,400,000 for a 5 bedroom, 5.5 bath, 5,411 square foot home on Kent court in the Alisal subdivision. The median priced home sold is $837,950 and the average price of these sold homes is $950,166.  The average days on market is 75 days, and the average price per square foot is $354/SqFt.  For the same 90 day time period one year ago (2006′), there were 92 homes that sold and closed in Ladera Ranch.  These homes ranged in price from $605,000 up to $4,000,000.  The median priced home was $860,000 and the average home price was $1,022,347.  The average days on market was 58 days, and the average price per square foot was $392.

As a result of the slow market conditions, the current prices of homes and condos are down about 5% to 10% as compared to last year at this time.  It is a Buyers market today, and a good time to buy at these prices and continued low interest rates. If you would like to see any condo or detached home listed for sale, please feel free to contact us at:  949-388-3396, or drop us an email at:  Info@SearchOCHomes.com  View all homes and condos for sale at:  Ladera Ranch MLS home search.

Covenant Hills is one of Orange Counties newest and most luxurious home developments, and is one of the 8 villages that comprises Ladera Ranch.  Home construction began in Covenant Hills in 2004’ and the first homes were completed in 2005’.   Covenant Hills comprises of over 700 Acres of hill top property which enables  many home sites to offer dramitc vies of the vallies, mountains and distant ocean views. This luxurious gate guarded community incorporates 15 unique subdivisions, with the estate homes ranging is size from 2,250 square feet, up to 8,500 square feet, from 3 bedroom to 6 bedrooms, and 3 to 6 car garages. The fine homes of Covenant Hills are constructed by 8 of some of the nations finest builders which are: K. Hovnanian Homes, Centex Homes, Shea Homes, The Warmington Group, John Laing Homes, Pardee Homes, Standard Pacific Homes, and William Lyon Homes.  These distinct subdivisions are listed as follows:

The premiere development is Covenant Hills Custom Homes comprising of approximately 230 lots with lot sizes ranging from 1/4 Acre to 1/2 Acre.  Here one can find most any architectural style to suit ones taste such as:  French Revival, French Country, Early 1900’s Custom Craftsman,  Classic Colonial, Spanish Mediterranean, European Old World Classic, Spanish Colonial, Tuscan, Italian Revival, Spanish Revival and more.

Covenant Hills homes includes interior floor plan options only available in the areas finest subdivisions such as:  Home theater rooms, Wine tasting rooms, Libraries, Game rooms, Guest or maid quarters, exercise room, Artists retreats, Saline pools, outdoor kitchen with pizza oven and more.  Also, one will find luxurious interior appointments such as:   High end kitchen appliances such as stainless steel Viking, Bosch or Sub-Zero, Distressed antique cabinetry, Granite counter tops, Italian Travertine flooring, extensive crown molding, dramatic vaulted ceilings and so much more.

Currently there are 18 re-sale homes listed for sale and several builders are offering some pre-built and model homes for sale as well.  For re-sale detached homes, prices range from $1,565,000 for a 3 bedroom, 3.5 bath, 3 car garage,  2,990 square foot estate on Portalon Ct., up to $5,950,000 for a 6 bedroom, 5.5 bath, 3 car garage, 7,716 square foot luxurious property with panoramic views and large 17,000 square foot lot with pool and spa, on Franciscan Ct.  Price per square foot will vary widely from $390/SqFt up to $880/SqFt and is dependent upon the subdivision and interior appointments.  

Homeowners can enjoy the all of the Ladera Ranch amenities such as the many miles of nature trails, 16 parks, 4 village clubs with swimming pools, spas, basketball courts, tennis courts and more.  Association dues in Covenant Hills range in the low $400’s per month at the time of the writing of this article.

Covenant Hills is serviced by the award winning Capistrano Unified Public School District.  The grade School classes are conducted at Oso Grande, and the intermediate classes are held at Ladera Ranch Middle school.  The upper classes are at the award winning Capistrano High School.  Covnenat Hills is located in the southwest portion of Ladera Ranch and about 1 mile south of Crown Valley Parkway and about 3 miles east of Highway 5.

For a private showing of any of the fine estates for sale in Covenant Hills, please contact us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com   To view all homes for sale in Ladera Ranch, visit our website at:  Ladera Ranch Real Estate. 

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.

St. Mays Road is a popular attached townhome development located north east of the corner of Sienna Parkway and O’neill Dr. in  Ladera Ranch, CA.   These fine condominiums were built by the prolific builder John Lang Homes in the year 2002′ and 2003′.  St. Mays Road is part of the Avendale Village and consists of 141 condos comprising of 3 elegant floor plans as listed below. 

• Residence One – 2 Bedroom, 2 Bath, 1 Car Gar, 1,383 SqFt
• Residence Two – 3 Bedroom, 2.5 Bath, 2 Car Gar, 1,787 SqFt
• Residence Three – 3 Bedroom, 2.5 Bath, 2 Car Gar, 1,888 SqFt

There are currently 5 Condos listed for sale ranging in price from $509,900 for a 2 bedroom, 2 bath, 1,383 square foot condo located Sellas Rd. on up to $674,900 for a 3 bedroom, 2.5 bath, 1,888 square foot condo located on Sellas Rd.  Click the link below to view all condos and homes currently for sale in the Avendale village including St Mays Road tract:

All Avendale Village Condos now for Sale
All Avendale Village SFR Homes now for Sale

In the last 90 days, there have 4 condos that have sold.  2 are in escrow and 2 have closed escrow.  These sold condominiums range in price from $487,500 for a 2 bedroom, 2 bath, condo on up to $630,000 for a 3 bedroom. 2.5 bath 1,888 square feet on Sklar Rd. 

St. Mays Road is serviced by the award winning Capistrano Unified School District.  Grades K through 5 are conducted at Ladera Ranch Elementary, the middle school is Ladera Ranch Junior High, and the upper classes are conducted by Tesoro High School.  St. Mays Road boasts of many nice community facilities such as tennis courts, sparkling pool, heated spa, Bar-b-que area, club house and more.

Ladera Ranch is a 4,000 Acre maser planned community located at the southern portion of Mission Viejo and just east of Highway 5 and surrounding Crown Valley parkway.  To create a sense of community, Ladera Ranch is broken into villages which are then broken into individual neighborhoods. Miles of trails connect the entire community, as well as much of the 1,600 acres of open space.

If you would to know more about the St. Mays community or if you would like to see the inside of any condo for sale in this community or elsewhere in Ladera Ranch, please feel free to call us at:  949-388-3396, or visit our website at: Ladera Ranch Real Estate.