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Ladera Ranch
Real Estate Market Trends

There are currently a total of 265 residential homes for sale in Ladera Ranch, including the gated community Covenant Hills homes.

Some of the best buying opportunities are Ladera Ranch Short Sale and Bank Owned property as banks try to dispose of inventory, many offered with a dramatic drop in price from previous levels.

February 2010 vs. 2009 Ladera Ranch Market Statistics:

The Ladera Ranch average sales price decreased just slightly from a year ago to $651,196 (that is up compared when compared to $540,700 in January 2010 and down from $705,595 in December 2009). The number of sold listings declined as market times increased by over 35%, up by 26 days. The Ladera Ranch housing market continues to be plagued by the numerous short sales that have been driving prices down.

As of March 20, 2010, there are 74 properties (almost 60%) out of the total of 130 properties listed for sale on the MLS that are Bank Owned, Foreclosure property or offered as a Short Sale. There are 177 properties pending sale or accepting backup offers, however only 26 are considered a "standard sale". Clearly, short sales and bank owned properties are driving the market here. The lowest priced home currently offered for sale in Ladera Ranch is $209,000 at 115 Sansovino and the highest priced is $4,275,000, a gorgeous 6,200 SF luxury estate at 77 Bell Pasture in Covenant Hills.

For the entire year 2009 (January through December 2009), there were a total of 744 new listings, 475 sold with an average sales price of $634,154. You can view most recent Ladera Ranch sold homes and condos at Ladera Ranch sold properties last 30 days.

Yearly Comparison Ladera Ranch Market Statistics

    Year
    Comparison

    New
    Listings

    Sold
    Listings

    Average
    Sales Price

    Average
    DOM

    Feb 2010

    75

    25

    $651,196

    96

    Feb 2009

    71

    33

    $654,133

    70


real-time real estate market research

Visit our Orange County Property Search to do a detailed search to find your ideal Ladera Ranch home.

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Contact The Hartanov Team to learn more about Ladera Ranch homes for sale.
 


 
 
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