There have been 2 closed sales in Ranchwood this year – both bank owned homes. There are also 2 short sales in escrow today. Since the bank has to approve the short sales, we don’t have any idea how soon these will close.
Category Archives: Ranchwood
There are currently no listings on the MLS in Prairie Ridge, Parkwood Estates, or Park Place. You could be the first this year – call me if you are thinking about buying or selling anywhere in Lake Forest.
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Sales in Lake Forest II were pretty slow in 2008, with the majority of them being either short sales, or bank owned. The following reports are all PDFs and include all sales for each neighborhood in 2008.
There were no closed sales in Parkwood Estates II neighborhood in 2008.
There are only 31 active listings in Lake Forest II neighborhoods as of January 6, 2009 :
There are currently no active listings in Serrano Woods Condos, Parkwood Estates, Park Place, or Prairie Ridge. (If you have been thinking about selling, there is very little competition right now!)
I decided to update all the neighborhoods in one post today so you can see all the year-to-date activity for each neighborhood. I am trying out a new report format, so let me know if you like it or not.
I like this new report because it includes all the photos for each property, and will update itself if the price or status changes. A new field called “Special Conditions” is under the property description and will tell you if the property is a short sale, or REO listing. It also shows the $/square foot price of each property which I think may be valuable to the analytical types. These links will all expire in 30 days, but I will provide all the new reports before then.
With city-owned streets, and the city-maintained park within the tract, Ranchwood has the lowest association dues (currently only $58.53 per month) in the Lake Forest II Association, paying only the basic amount for recreation facilities and CC&R services.
There is currently only one home available in the MLS in this neighborhood and it is another short sale, so it will probably take a long time to sell. Click on the link below to view all real estate activity* in the Ranchwood neighborhood this year.
If you are thinking about either buying or selling in this neighborhood, please give me a call to find out how I can help you!
Here are the latest neighborhood reports for Lake Forest II real estate. The activity is fairly quiet and there haven’t been a lot of changes, so I’ll save my comments about these neighborhoods for future posts.