North Tustin, California Real Estate Market Report- November 1st, 2009

North Tustin, California Real Estate Market Report- November 1st, 2009

North Tustin Active Listings= 79

Lowest priced listing in North Tustin = $525,000.00
Highest priced listing in North Tustin = $6,900,000.00

Active Listings Property Type:

• 79 Single Family Residences
• 0 Condos/Townhouses 
  

Active Listings Sale Type:

• 72 Standard Listings
  
• 1 REO* Listing
• 6 Short Pay** Listings
  

Active Listings Price Range:

• 79 priced at or above $500,000.00
• 0 priced below $500,000.00

North Tustin properties in Pending & Back Up Status= 21

Pending & Back Up Status Listing Type:

• 16 Standard Listings
  
• 2 REO* Listings
  
• 3 Short Pay** Listings
  

North Tustin Properties Sold From 10/1/09-10/31/09= 11

October, 2009 Sales Type:

•  10 Standard Sales
•  0 REO* Sales
•  1 Short Pay** Sale

Lowest Oct '09 Sales Price= $448,500.00
Highest Oct '09 Sales Price= $1,300,000.00

What can you buy in North Tustin at these prices?:

$448,500.00=

• 3 bd/2 ba single family residence
  
• 1,684 s.f.
• 10,064 s.f. lot
  
• Built in 1961
• 2 car garage
• RV parking
  
• Located near Holt Ave & Irvine Blvd
  
• Short distance to Old Town Tustin
  
• Standard sale
  

$1,300,000.00=

• 5 bd/4 ba single family residence
• 3,886 s.f.
• 21,250 s.f. lot
• 3 car garage
  
• Built in 1965
  
• Rebuilt in 2007
  
• Highly upgraded & customized
  
• Located in the "Lemon Heights" area near Skyline Drive
  
• Standard sale

 
*REO= Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale= Properties that are still owned by the borrower. Borrower is attempting to sell the property for less than what is owed to the lender. Lender must approve the reduced pay off amount based on the current market value and borrowers inability to pay the full loan balance.


Information compiled from MLS data as of November 1st, 2009