1 / 73
Price cut: $225,000 (5/21)
VIRTUAL TOUR
$2,975,000FOR SALE
7 beds · 6 baths · 6,216 sqft
Home & Ranch Sotheby's Intl
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4 homes in 93432
Homes for Sale in 93432
Santa Margarita, CA
6275 Twin Canyon, Creston, CA 93432
1 / 16
Price cut: $550,000 (5/31)
$1,950,000FOR SALE
2 beds · 1 baths · 1,824 sqft
Realty Pros - A Professional Real Estate Company
1 / 20
Price cut: $61,000 (7/18)
$749,000FOR SALE
2 beds · 2 baths · 1,167 sqft
eXp Realty of California, Inc.
1 / 75
Price cut: $496,000 (7/15)
VIRTUAL TOUR
$6,499,000FOR SALE
11 beds · 13 baths · 6,942 sqft
Christie's International Real Estate Sereno
About 93432 Real Estate
About Santa Margarita: The 93432 ZIP code is in Santa Margarita, CA. Santa Margarita is an unincorporated community located in San Luis Obispo County, California. It was founded in 1889 near Cuesta Peak and San Luis Obispo along today's State Route 58. The town's name comes from the Mexican Alta California land grant of Rancho Santa Margarita. It is home to the Santa Margarita de Cortona Asistencia site. For statistical purposes, the United States Census Bureau has defined Santa Margarita as a census-designated place (CDP). The population was 1,291 at the 2020 census.
Today, the 93432 area has 4 homes for sale with a median listing price of $3.0M. The average price per square foot is $781.
93432 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 89 days to sell, and 100% of current listings have been up for more than 30 days. At the same time, supply sits at 4.0 months, roughly in step with demand, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Buyer leverageBalancedSeller leverage
Median Home Price
$2.46M
Chart shows the median closed sale price by month
$971.3K$851.9K$736K$620.1K
Sep 25
Mar 26
Jul 26
Months of Supply
Estimated time to sell all listings at the current sales pace
4.0 months of supply
Balanced Supply4 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
4.0
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~89 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93432 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
35%
Homeowners
65%
Renters
Homeownership is 20.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
435 households (2023)
Price Reductions
4
4 listings have reduced their price
100% of active listings
Average reduction: 10.9% (~$269K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Santa Margarita
Frequently Asked Questions about Homes for Sale in 93432, CA
How many homes are for sale in 93432, CA?
There are currently 4 homes for sale in 93432, ranging from $749,000 to $6,499,000.
What is the median home price in 93432?
The median list price in 93432 is $2,975,000. Price per square foot averages $781.
How fast do homes sell in 93432?
Homes in 93432 currently average 89 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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