February 2012 Tustin CA Real Estate Market Report

TUSTIN CA REAL ESTATE MARKET REPORT

FOR THE MONTH OF FEBRUARY 2012 

ACTIVE REAL ESTATE LISTINGS IN TUSTIN CA = 141

• Lowest priced property for sale in Tustin, CA - $120,000.00
• Highest priced property for sale in Tustin, CA - $2,988,800.00

Tustin CA Active Real Estate Listings By Property Type:

• 84 Single Family Residence
• 57 Condo/Townhouse
• 0 Other (Land, Mobile Home, Mixed Use Property, etc...)

Tustin CA Active Real Estate Listing By Sales Type:

• 80 Standard
• 6 REO*
• 48 Short Sale**
• 7 Other (Relocation Sale, Probate Sale, etc...)

Tustin CA Active Real Estate Listings By Price Range:

• 60 Tustin properties priced above $500,000.00
• 81 Tustin properties priced at or below $500,000.00

TUSTIN CA PROPERTIES IN PENDING AND BACK UP STATUS = 162

Pending Tustin CA Properties By Sales Type:

• 45 Standard
• 18 REO*
• 94 Short Sale**
• 5 Other (Relocation Sale, Probate Sale, etc...)

TUSTIN CA PROPERTIES SOLD IN FEBRUARY 2012 = 39

• Lowest Placentia real estate sale - $129,900.00
• Highest Placentia real estate sale - $3,200,000.00

What can you get for your money in Tustin CA?

For $129,900.00 you can buy a condo in Tustin, California, with the following features and amenities:

• 2 Bedroom
• 2 Bath
• 1,088 SF
• 2 Carports
• Built in 1964
• Located on the Border of Santa Ana
• 92780 Zip Code

For $3,200,000.00 you can buy a home in Tustin, California, with the following features and amenities:

• 5 Bedrooms
• 6 Baths
• 7,350 SF
• 36,325 SF Lot
• 4 Car Attached Garage
• Built in 2002
• Highly Upgraded
• Pool & Spa
• Outdoor Fireplace
• Outdoor Kitchen
• Located in Tustin Ranch Estates
• Borders North Tustin
• Beckman High School
• 92782 Zip Code

Tustin CA Properties Sold By Sales Type:

• 20 Standard Sales
• 10 REO Sales*
• 9 Short Sales**
• 1 Other (Relocation Sales, Probate Sales, etc...)

*REO: Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale: Properties that are still owned by the borrower, however the borrower is attempting to sell the property for less than what is owed to the lender, which requires lender approval.

Information contained in this market report was compiled from available MLS data as of March 1st, 2012.

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