Ladera Ranch, CA has a population of 23,121, with the average resident aged 32 years old. The average income in the city is $150,112 per year and the average home value is currently at $654,414. There are 7,173 households in Ladera Ranch and more than half – approximately 60% – have children. From these statistics it’s easy to see that Ladera Ranch is a popular community among young families. What makes it so popular? Great schools, a close knit neighborhood community and great perks like city wide parks and recreational facilities.
Families with young children are drawn to Ladera Ranch real estate because the city offers beautifully maintained neighborhoods, great schools and a prime location in South Orange County. This city has everything you and your family needs including close proximity to the stores you need with community shopping centers sprinkled throughout each neighborhood and nearby larger shopping centers like The Shops at Mission Viejo, Kaleidescope Center and Laguna Hills Mall. Here are some more lifestyle statistics on Ladera Ranch:
Ladera Ranch is a strong real estate market for buyers right now because of high inventory and and declining average sales prices. Last month the average sales price in Ladera Ranch was $583,218. Homes for sale in Ladera Ranch are also staying on the market longer – 76 days – than the average Orange County home – 61 days. That means buyers are lowering their prices in order to sell – a big bonus for home buyers.
Market Trends In Ladera Ranch
Active inventory represents the number of homes for sale that are listed on the MLS (Multiple Listing Service). Ladera Ranch listings have been stable for the past few months and are way up from last years slump.
Pending inventory represents the number of properties in escrow or those that are in the process of closing buyer deals.
Sold inventory represents the number of closed escrows and total sales, giving us a true history of the market. Sold inventory numbers are down from last month but this is normal for the winter months when the market slows.
The average sales price is calculated by averaging sold properties in the area over the last 30 days. Right now sale prices are down in Ladera Ranch from last month and year-over-year.
Days on market is the period of time a between when a property is first listed on the MLS and when it is taken off the market or sold.
Now that you know all the statistics and market trends on Ladera Ranch homes for sale, if it’s time to contact us at Elite So Cal Homes. We are the best trained in the industry and ready to help you through the home buying process.