The real estate market in Coto de Caza remains busy as we approach the half way point for the year.  There are 118 homes listed for sale in Coto de Caza with an additional 26 homes in escrow.  The least expensive home currently listed for sale is a 2125 square foot condo on Avenida La Caza which is priced at $480,000.  The highest priced active listing in Coto is a 9000 square foot home on Sandia Way that sits on 6.4 acres and is priced at $10,700,888.  Since the first of the year 129 escrows have closed on Coto de Caza homes.  The least expensive closed sale was $399,000 for a 1350 square foot condo on Oak Knoll, the highest priced closed sale was $7,500,000 for an 8600 square foot home on a 2 acre lot on Pradera Rd.  Coto de Caza mortgage rates were little changed last week with the 15 year at 3.21% and the 30 at 4.02%.  In Orange County housing news, the average home price hit $610,000 in May, the highest level in 7 years.  If you are considering the sale or purchase of a home in Coto de Caza, Dove Canyon, Robinson Ranch, Las Flores, Rancho Santa Margarita, Wagon Wheel Canyon, Ladera Ranch or anywhere else in Orange County, please give us a call.

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