Ladera Ranch homes sell — in theory — in 46% less time than the countywide pace. 

Every two weeks, Steve Thomas of ReportsOnHousing.compublishes a study of the supply of local homes for sale. Here’s what the latest report — as of June 21 — details about Ladera Ranch …

• 53 residences listed in brokers’ MLS system with 64 new deals opening in the past 30 days.
• By Thomas’s math, this community has a “market time” (months in would take to sell all inventory at current pace of new escrows) of 0.83 months vs. 0.60 months found two weeks earlier vs. 2.61 months seen a year earlier. Countywide, latest market time was 1.53 months vs. 3.72 months a year ago.
• Of the homes listed for sale in this community, 9 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 17.0% of supply of homes for sale vs. 17.6% countywide.
• Homes for sale in Ladera Ranch represent 0.9% of Orange County inventory — and 0.9% of all the distressed homes listed for sale in Orange County. New escrows here are 1.7% of all Orange County’s new pending sales.

Compare these trends to countywide patterns:

• Cities with highest level of distressed properties among their listings? Stanton was tops — 43.3% — followed by Buena Park at 43.2% of listings and Anaheim at 43.2% of listings.
• Fewest? Portola Hills was tops — 0.0% — followed by Seal Beach at 0.8% of listings and Corona Del Mar at 2.9% of listings.

For more real estate news, CLICK HERE! For ZIP-by-ZIP homebuying trends, CLICK HERE! And for the latest housing foibles of Real Housewives of Orange County cast, CLICK HERE!

Need a slice of good news on your cell? Text OCRGOOD to 56654 and we’ll text you a dash of positivity daily!