$10,000 Closing Credit*
$985,000
1,662 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lenny Spangler, Listing Office: HCM Real Estate
Is Foothill Ranch, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Foothill Ranch was a Seller's Market.
Key Takeaway
Foothill Ranch is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Foothill Ranch, CA
How much do homes in Foothill Ranch, CA cost?
Median Sold Price
$907,000
$653/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$216,250(+31.3%)
Key Takeaway
Homes in Foothill Ranch have sold for 31.3% more than they did a year ago.
Summary: The median home sold price in Foothill Ranch was $907,000 in November 2024, up 31.3% from last year, and the median price per square foot was $653.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $430K | $456K | +6.0% |
| 2 Bedrooms | $576K | $625K | +8.5% |
| 3 Bedrooms | $1.1M | $1.0M | -8.5% |
| 4 Bedrooms | $1.2M | $1.4M | +8.9% |
| 5+ Bedrooms | $1.5M | $1.7M | +13.0% |
Summary: Foothill Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 8.5%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Neighborhoods
| Foothill Ranch | $690.7K | $907K | +31.3% |
| Orange County Great Park | $1.4M | $1.7M | +17.0% |
| Portola Hills | $922.5K | $1.0M | +16.8% |
| Baker Ranch | $1.6M | $1.7M | +5.2% |
Housing Supply in Foothill Ranch, CA
How many homes are available in Foothill Ranch, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The Foothill Ranch real estate market had 27 homes for sale in November 2024, a 6.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Foothill Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Foothill Ranch, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Foothill Ranch in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Foothill Ranch, CA
How long does it take to sell a home in Foothill Ranch, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 19 Days | -25.6% |
Summary: Homes in Foothill Ranch had an average of 19 days on market in Nov 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Foothill Ranch are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Foothill Ranch; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.