Located near Rancho Santa Margarita, California, Sable is a suburban area known for its beautiful homes. Single-family homes and townhomes in Sable are mostly comprised of modest (studio to two bedroom) to larger sized (three to four bedroom) townhomes and single-family homes. The vast majority of residential real estate is owned and occupied by the property’s owner.
The current vacancy rate in Sable is 1.0 percent, which is a lower rate of vacancies than the 95.2 percent rate of vacancies in all communities in the United States.
If you enjoy row houses and attached homes, the Sable neighborhood is likely to be a favorite of yours. Row houses have a certain air and charm that makes them stand out. In addition, this neighborhood stands out due to the overwhelming number of row houses in the area.
The real estate in this neighborhood contains a higher proportion of row houses and attached homes than almost any other community in the United States. As a matter of fact, row houses and connected homes account for 38.9 percent of the total residential real estate in this area.
Apart from that, most neighborhoods are made up of a mix of different ages of houses, but the Sable is notable for having nearly all of its residential real estate built in a single time period, namely between 1970 and 1999, which is generally considered to be established, but not old, housing. The Sable is also notable for having nearly all of its residential real estate built in a single time period, namely between 1970 and 1999, which is generally considered to be established, but not old housing.
When you walk about or drive around this neighborhood, you’ll notice that many of the houses have a similar appearance to one another due to the fact that they are all of a similar age. In fact, this was the period during which 88.4 percent of the residential real estate in the area was constructed.
Furthermore, with a real estate vacancy rate of under 1.0 percent, the Sable neighborhood has a lower vacancy rate than 95.2 percent of all U.S. neighborhoods, making it a member of an extremely elite group of neighborhood communities. It is possible that such a low vacancy rate is the result of extremely high real estate demand in the neighborhood paired with some constraints to growing supply, such as zoning restrictions or existing density of development, among other possible factors.
The Sable area stands out because it has a larger proportion of commuters driving alone to work than 97.3 percent of all American neighborhoods. While most Americans commute alone to work each day, the Sable neighborhood stands out since 94.9 percent of commuters do so.