Aliso Viejo Homes for Sale – What Happened in the Aliso Viejo Real Estate Market in July 2012.
If you are considering buying or selling a home in the Aliso Viejo, CA real estate market, having the most current market data will enable you to make informed decisions regarding Aliso Viejo Homes for Sale. Aliso Viejo is a beautiful planned community centrally located in South Orange County. Homes and condos are well priced for the area and there are some excellent housing choices across all price ranges. It’s important to work with a Aliso Viejo Realtor® who knows the market inside and out.
The Aliso Viejo real estate market posted excellent results in July 2012 with 82 closed sales vs. 67 closed sales in July 2011 – a 22% increase! Buyer demand for Aliso Viejo homes is very strong - as of August 6, 2012, 80% of the 288 available listings in Aliso Viejo are currently under contract! At the current sales pace, there is less than a 1 month supply of homes (58 active Aliso Viejo MLS listings).
- For the month of July 2012 82 homes in Aliso Viejo sold at an average final selling price of $386,578.
- The average original asking price of these homes was $389,229 – selling at 97% of list price.
- The range of final selling prices was from a low of $185,000 for a 1 bedroom condo to a high of $1,092,000 for a 5 bedroom 3882 sq ft luxury home in the Silver Oaks - Westridge neighborhood (includes attached and detached homes).
- Of the 82 homes that sold, 40 Aliso Viejo homes were standard equity sales and 37 were distressed sales – either short sales or bank owned foreclosures.
- July sold homes were on the market an average of 97 days, up slightly from 81 days in July 2011 and likely attributed to longer processing times for short sale properties. Prices were up 2% vs. the previous July (on a price/sq ft basis). The average selling price per square foot was $255.72 in July 2012.
If you are looking to buy or sell Aliso Viejo real estate it's important to be informed. Call us anytime at 949-500-0484 with any questions on buying or selling Aliso Viejo homes.
Useful Resources for Aliso Viejo Home Buyers:
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