Rancho Santa Margarita Homes for Sale – Market Update

by leslie on October 21, 2008

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Rancho Santa Margarita REO Homes for Sale

Out of 203 Rancho Santa Margarita homes for sale today, 30 are REOs, 98 are Short Sales or in Foreclosure and 97 appear to be equity owners.

Recent Rancho Santa Margarita REO Homes for Sale

In the last week, there were 7 new REO listings – including this 3 bedroom 2 bath single level detached home with a 2 car garage and about 2100 square feet:

hr96132723 1 rancho santa margarita

And this 2 bedroom 2 bath condo in Los Flores for $165K

Short Sale Homes for Sale in Rancho Santa Margarita

Last week, there were 3 new Short Sale homes listed for sale in Rancho Santa Margarita:

A 2 bedroom 1 bath condo in Los Flores 2 for $179K – no photos of that one to share yet.

A 2 bedroom 2 bath in Los Portrillos with 1000 square feet offered at $268K – photos below

And a 4 Bed + Bonus room which is every homeowner’s dream! 2100 sqft home has Granite counters, Porcelain tile & more! Large master w/ walk-in closet, separate tub/shower! Upgraded vanity in bathroom! Located in the sought after California Tesoro Tract near award winning schools, parks, pools & the Toll Road. Low tax rate low association dues! Offered at $499K.