Rancho Santa Margarita Housing Market Report – June 2026
Here's a look at how the Rancho Santa Margarita, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 44
- Median Sale Price: $1,112,450
- Average Sale Price: $1,108,382
- Average Price Per Sq Ft: $645
- Average Days on Market: 65
- Sale-to-List Price Ratio: 100.6%
Month-Over-Month Trends
Compared to May, the median sale price in Rancho Santa Margarita moved 2.6% down (from $1,142,000 to $1,112,450). The number of homes sold was 25.7% up compared to the prior month (35 vs. 44). Average days on market shifted 18.2% up (55 days to 65 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 7.3% up (from $1,036,500 to $1,112,450). Sales volume is 15.4% down year-over-year.
What This Means
Rancho Santa Margarita's housing market is showing mixed signals heading into summer. While homes are still selling above asking price—a positive sign for sellers—the median price pulled back 2.6% month-over-month to $1,112,450. That said, year-over-year prices remain up 7.3%, suggesting the market hasn't lost fundamental strength. The uptick in days on market from 55 to 65 suggests homes are taking longer to find buyers, which makes sense given typical seasonal patterns and the current interest rate environment. The increase in sales volume this month likely reflects improved data collection rather than a genuine market surge, so we shouldn't read too much into that jump.
What's noteworthy is the gap between what homes are selling for and what's sitting on the market. Active listings show a median asking price of $898,499—well below what homes actually sold for in June. This disconnect suggests some sellers may be pricing aggressively to attract offers, or that lower-priced inventory isn't moving as quickly. With 134 homes on the market and average DOM of 57 days for active listings, Rancho Santa Margarita remains relatively balanced, though buyers are getting a bit more breathing room to negotiate than they had earlier this year.
Rancho Santa Margarita Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92688 | 35 | $1,000,000 | $652 | 62 |
| 92679 | 9 | $1,545,000 | $620 | 80 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 25 | $1,360,000 | $658 |
| CONDOS | 11 | $705,000 | $640 |
| TOWNHOMES | 7 | $800,000 | $620 |
| CONDO | 1 | $605,000 | $560 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 10 |
| $750K+ | 33 |
Current Active Listings
As of this report, there are 134 active listings in Rancho Santa Margarita with a median asking price of $898,499 and an average of 57 days on market.
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