33 homes in near Santa Margarita Academy
Fallbrook, CA
About Fallbrook: Santa Margarita Academy is located in Fallbrook. Fallbrook is an unincorporated census-designated place in northern San Diego County, California, United States. The community had a population of 32,267 at the 2020 United States census, making it one of the largest unincorporated communities in the county. Fallbrook lies immediately east of Marine Corps Base Camp Pendleton and is widely known for its avocado groves; the community styles itself the "Avocado Capital of the World" and hosts an annual Avocado Festival on Main Avenue.
These are homes for sale within about 2 miles of Santa Margarita Academy in Fallbrook. The area around the school has 33 active listings.
Topfind Market Read
Sellers hold the edge right now. There is only 2.5 months of supply, and sale prices are up 6% over the last six months and 5% over the past year. At the same time, 36% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$859K
↑ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Tight Supply33 active listings against the current sales pace works out to about 2.5 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~31 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 15% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Santa Margarita Academy Area
Homeownership is near the state average, with a balanced mix of owners and renters.
60%
Homeowners
40%
Renters
Homeownership is 4.5 points higher than the California average (55.5%)
9,978 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $423K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 7 bedrooms (+$894K)
Price Reductions
12 listings have reduced their price
36% of active listings
Average reduction: 6.0% (~$51K)
Santa Margarita Academy is a middle school in the Fallbrook Union Elementary district. Buyers in the Santa Margarita Academy area are looking at a median list price of $859,000. That runs roughly 18.2% lower than Fallbrook as a whole. Since February, the median price has moved up about 9.9% to $900,000 as of July. The Santa Margarita Academy area has 33 active listings on the market right now. The homes shown here are near Santa Margarita Academy rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
Browse homes for sale in cities near Fallbrook
There are currently 33 homes for sale in Santa Margarita Academy Area, ranging from $365,000 to $2,299,000. 4 of them hit the market within the last week.
The median list price in Santa Margarita Academy Area is $859,000. Price per square foot averages $481. Prices are up 4.7% compared to a year ago.
Homes in Santa Margarita Academy Area currently average 31 days on the market, a steady pace.
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