In April, there were 43 homes sold, with a median sale price of $1,320,000 - a 34.1 percent increase over the $984,500 median sale price for the same period of the previous year. There were 50 homes sold in Rancho Santa Margarita in April 2021.
The following table compares Rancho Santa Margarita to other Orange County cities with similar median sale prices in April:
City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Seal Beach | 9 | 26 | -65.4 | $1,525,000 | $1,425,000 | 7 |
Laguna Niguel | 57 | 99 | -42.4 | $1,500,000 | $1,260,000 | 19 |
Huntington Beach | 121 | 171 | -29.2 | $1,380,000 | $1,120,000 | 23.2 |
Costa Mesa | 66 | 92 | -28.3 | $1,375,000 | $1,022,500 | 34.5 |
Yorba Linda | 64 | 97 | -34 | $1,336,500 | $1,190,000 | 12.3 |
Rancho Santa Margarita | 43 | 50 | -14 | $1,320,000 | $984,500 | 34.1 |
Laguna Hills | 20 | 35 | -42.9 | $1,300,000 | $1,075,000 | 20.9 |
Los Alamitos | 7 | 4 | 75 | $1,300,000 | $1,371,500 | -5.2 |
Lake Forest | 87 | 87 | 0 | $1,250,000 | $954,000 | 31 |
Aliso Viejo | 22 | 31 | -29 | $1,240,000 | $1,025,000 | 21 |
Tustin | 36 | 56 | -35.7 | $1,170,000 | $957,500 | 22.2 |