Housing Prices in Santa Margarita, CA
How much do homes in Santa Margarita, CA cost?
Median List Price
$729,500
$413/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Santa Margarita has decreased by 3.1% since last year.
Summary: The median home list price in Santa Margarita was $729,500 in March 2024, down 3.1% from the previous year, and the median price per square foot was $413.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | $265K | -50.5% |
| 2 Bedrooms | $543.5K | $425K | -21.8% |
| 3 Bedrooms | $707.5K | $739.2K | +4.5% |
| 4 Bedrooms | $989K | $1.2M | +21.3% |
| 5+ Bedrooms | $1.8M | $1.7M | -8.5% |
Summary: Santa Margarita housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.5%, 2 bedroom homes decreased by 21.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 8.5%.
Median List Price Compared To Nearby Cities
| Shandon | $472K | $485K | +2.8% |
| Santa Margarita | $752.5K | $729.5K | -3.1% |
| Creston | $1.8M | $1.4M | -22.7% |
Housing Supply in Santa Margarita, CA
How many homes are available in Santa Margarita, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Santa Margarita real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Santa Margarita housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Santa Margarita, CA
How long does it take to sell a home in Santa Margarita, CA?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 194 Days | 172 Days | -11.1% |
Summary: Homes in Santa Margarita had an average listing age of 172 days in Mar 2024, down by 11.1% compared to the previous year.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
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