Time to Buy is Running Out!
It’s beginning to look a lot like summer here in Ladera Ranch! The kids are out of school, the weather is warming up and the 4thof July is right around the corner. As we approach the peak summer months, it’s now the second-best time of the year to sell a home. But sellers beware, demand will only remain elevated for six more weeks.
Before the summer distractions like beach days and family vacations set in, buyers who are looking to move are putting finding a home at the top of their to-do list. Most potential buyers prefer moving during the summer months prior to the kids going back to school. That means closing on a home and moving into it by the end of August. In order to close by the end of August, a home needs to be placed into escrow by the end of July. Which means the window of opportunity to take advantage of the Summer Market is already beginning to close.
Active Inventory Continues to Grow
The trend of more homes on the market year over year is here to stay. The active listing inventory continued its climb in the past two-weeks, surpassing last year’s height of 5,983 homes in mid-July. Inventory rose by 4 percent adding 231 homes before the end of June and now totals 6,105. It’s highest level since October 2016. Good news for buyers! Inventory is expected to continue growing until peaking sometime between July and August.
Demand also saw a healthy growth over the past 30 days, increasing by 1 percent. Homes priced between $750,000 and $1 million are still experiencing a hot seller’s market. This range represents 19 percent of the active inventory and 22 percent of the demand. The luxury market is also seeing stabilized growth in supply and demand. Year over year demand is up by 5 percent and active listing inventory is up by 8 percent.
Available Now in Ladera Ranch!
Exclusive Secret Listing!
Fabulous opportunity to own a turnkey home in the heart of Ladera Ranch. This gorgeous single-family residence features 3 bedrooms, 2.5 bathrooms, a greenbelt view and no immediate neighbor on one side. Walking distance from schools and founders park! Offered at $720,000 call or text me at 949-285-3215 for more information.
4 Merrill Hill, Ladera Ranch, CA
A rare opportunity to own an estate on Merrill Hill, in the most prestigious community of Clifton Heights, located in Flintridge Village. This 5 bedroom, 4.5 bathroom home features a traditional design that incorporates breezy front and side porches as well as abundant natural light encouraged by an array of windows and French doors. Perfect for entertaining, enjoy the bubbling Spa and cozy hearth, BBQ Area and garden. Boasting a 10,000+ square foot lot in a desirable, quiet, interior location, there's plenty of room for gatherings and fun. Centrally located and conveniently close to schools, shopping, clubhouse and amenities. Enjoy resort style living in fabulous Ladera Ranch. Click here to take a virtual tour of this home.
46 Skywood St., Ladera Ranch, CA
This lovely estate is nestled on a sleepy street in Sarasota, a highly desirable community built by Brookfiled homes in an interior tract location. The 4 bedroom, 2.5 bathroom home features a tasteful, traditional design and incorporates amazing architecture as well as a gated grassy entry and peaceful porch. Step inside and enjoy the lovely wood-plank style ceramic flooring, complemented by designer neutral tones throughout. Lower Level is host to a Great Room including a Recently Remodeled Kitchen featuring newer white cabinets with soft-close drawers, generous granite kitchen island, and walk-in pantry, as well as a spacious family room and dining area. Welcome Home to Oak Knoll Village, the Original Ladera Ranch Village that Features Low Taxes, Low HOA dues, is Convenient to Shopping & Schools and Resort Quality Amenities! Click here to take a virtual tour of this lovely home.
- M: 949.285.3215