As of this morning there are 79 homes listed for sale in Coto de Caza. The most affordable home is located on Oak Knoll, measures 1350 square feet and is listed at $399,900. The highest priced home remains the one on Secoya Way that measures 16,000 square feet and is priced at $19,900,000. There are an additional 20 homes that are presently in escrow. Since the first of the year 18 homes have closed escrow in Coto. The least expensive was a 1562 square foot condo on Brassie Lane that sold for $509,000. The most expensive closed sale year to date was a home on Ladbrook Grove that measured 5684 square feet and closed at $3,400,000. Mortgage rates fell last week with the 30 year dropping to 3.59% and the 15 year fell to 2.92%. Rates have declined in fourteen of the last fifteen weeks. If you are considering the purchase or sale of a home in Coto de Caza, Dove Canyon, Robinson Ranch, Rancho Santa Margarita, Ladera Ranch, Wagon Wheel Canyon, Las Flores or any of the surrounding South Orange County communities, please give us a call.