Orange County is where you will find many booming cities. Tustin, in particular, has become one of the more popular California cities for young professionals to live in. What should you know before buying a home in Tustin Ranch California?
Buying a Home in Tustin Ranch California
Buying a home in Tustin Ranch California could be exciting for young professionals and families, but what should you know first? Tustin itself is a city that has become a viable option for many. Every aspect of the housing market in Tustin has been in the green over the last year.
The market has become very competitive thanks to those green numbers. The sale-to-list price has gone up 5.0 pt year-to-year as of January 2024, meaning people are buying. But where is this influx of interested buyers coming from?
Young San Francisco and Seattle professionals have decided to call Tustin home. But the West isn’t the only place contributing to the population in Tustin. The Midwest and East Coast are also contributing to the high interest.
People from New York, Washington D.C., Chicago, Parkersburg, and Wheeling are all keeping their eyes on Tustin. This level of interest is fantastic news for local economies, diversity, and so much more. In fact, the average sale price in Tustin is currently sitting at $970k, with homes only sitting on the market for a maximum of 26.5 days.
However, the median home price in Tustin is being driven up by a specific community in Tustin, the beautiful community of Tustin Ranch.
Tustin Ranch California
Tustin Ranch is a subdivision of Tustin. It is known for its Mediterranean-style homes, California suburb feel, and above-average schools. The area can be considered higher end with gated communities and a golf club serving as the hub of the community.
It’s easy to see why Tustin Ranch helps increase the average sale price of homes in Tustin, with the average sale price in Tustin Ranch being $1,000,000. However, this is a 44.6% drop year over year since January 2023 (Source: Redfin Housing Report).
It is important to note that January 2023 saw the biggest increase in the average sale price since the summer of the year before. But homes have dropped back down to a more common average for the area. That is not to say the area is not competitive.
Homes get multiple offers, with homes selling 1% above the listing price and some 4%.
Community Parks
Buying a home in Tustin Ranch California come with some local amenities. Of course, some gated communities within Tustin Ranch offer their own amenities like clubhouses, pools, gyms, sports courts, and clubhouses. But overall, Tustin Ranch has the Tustin Ranch Golf Club and numerous parks with trails.
Peters Canyon Regional Park is a 340-acre park that boasts several trails for hiking, mountain biking, and running. But young professionals love the area as a place to grow a family, thanks to the many family-friendly parks that are tucked away in residential areas.
Community Shopping
Tustin Ranch isn’t filled with shopping centers, which can cause congestion. Instead, there is The Market Place, a single shopping center that offers everything one may need. Currently, The Marketplace is where you will find stores like Target, Amazon Fresh, Home Depot, Sprouts, and Costco.
This makes shopping for the day, week, or month much easier. But shopping isn’t the only thing available; dining is also covered here. There are fast dining options like In-N-Out and Starbucks. Giving community members a one-stop shopping center makes life easier daily.
Getting out of the area to run even more errands is also simple. Tustin Ranch has easy access to Interstate 5, a major highway that can get you anywhere on the West Coast. Life is convenient in Tustin Ranch, which is a big part of what makes it a highly sought-after location.
Ready to discover some opportunities in Tustin Ranch? Contact us today at (949)293-5139 or (949)400-0987. You can also email us at SClark1009@gmail.com or Debbie@debbiemillerhomes.com.
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