San Juan Capistrano Homes for Sale – What Happened in the San Juan Capistrano Real Estate Market in August 2012
If you are a buyer or seller in the San Juan Capistrano real estate market, having the latest local information allows you to make informed decisions when it comes to San Juan Capistrano Homes for Sale. San Juan Capistrano is a unique and charming community, and home prices can vary greatly from one neighborhood to the next. It’s important to work with a local Realtor who knows the market inside and out.
The San Juan Capistrano real estate market posted excellent results in August 2012 with 39 closed sales vs. 43 closed sales in July 2011 and 44 closed sales in July 2012 - a slight decrease due largely to reduced inventories! Demand for San Juan Capistrano housing remains strong - as of September 26, 2012, 55% of the 188 available listings in San Juan Capistrano are under contract.
- For the month of August 2012 39 homes in San Juan Capistrano sold for an average final selling price of $610,403 or $243.10/sq.ft – a 2% decrease vs. August 2011.
- The average original asking price of these homes was $637,630 – selling at 97% of list price.
- The range of final selling prices was from a low of $87,000 for a 1 bedroom condo in Casitas De Alipaz to a high of $2,300,000 for a 6 bedroom 6200 square foot home in Marbella Estates (includes attached and detached homes).
- Of the 39 homes that sold, 26 were standard sales and 12 were distressed sales – either short sales or bank owned foreclosures.
- August 2012 sold homes were on the market an average of 102 days, down from 114 days in August 2011. Standard Equity Sales were on the market an average of 79 days.
If you are looking to buy or sell San Juan Capistrano real estate it's important to be informed. Call us anytime at 949-500-0484 with any questions on buying or selling San Juan Capistrano Homes.
Useful Resources for San Juan Capistrano Home Buyers:
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