TUSTIN CA REAL ESTATE SALES AND PRICES UP
Active real estate listings held steady month over month, but the number of homes for sale in Tustin, California fell by more than 50% when compared to one year earlier. The continued low inventory level, especially during this historical peak buying season, has pushed home prices higher in Tustin.
Although the number of closed sales shot up month over month and on a year over year basis, the majority of real estate sales in Tustin, California closed at or below the list price in April 2013. Based on the current, positive market conditions, this was due to overly aggressive pricing.
ACTIVE REAL ESTATE LISTINGS IN TUSTIN CA = 45
Highest and Lowest Priced Real Estate Listing in Tustin CA:
-
Lowest priced property for sale in Tustin, CA - $195,000.00
-
Highest priced property for sale in Tustin, CA - $1,745,000.00
Tustin CA Active Real Estate Listings By Property Type:
-
26 Single Family Residence
-
19 Condo/Townhouse
-
0 Other (Land, Mobile Home, Mixed Use Property, etc...)
Tustin CA Active Real Estate Listing By Sales Type:
-
43 Standard
-
0 REO*
-
2 Short Sale**
-
0 Other (Relocation Sale, Probate Sale, etc...)
Tustin CA Active Real Estate Listings By Price Range:
-
26 Tustin, CA properties priced above $500,000.00
-
19 Tustin, CA properties priced at or below $500,000.00
TUSTIN CA PROPERTIES IN PENDING AND BACK UP STATUS = 133
Pending Tustin CA Properties By Sales Type:
-
82 Standard
-
5 REO*
-
43 Short Sale**
-
3 Other (Relocation Sale, Probate Sale, etc...)
TUSTIN CA PROPERTIES SOLD IN APRIL 2013 = 80
Tustin CA Properties Sold By Sales Type:
-
64 Standard Sales
-
4 REO Sales*
-
10 Short Sales**
-
2 Other (Relocation Sales, Probate Sales, etc...)
List Price Versus Sales Price In Tustin CA In April 2013
-
12 Properties sold at list price
-
38 Properties sold for less than list price
-
30 Properties sold for more than list price
Highest and Lowest Real Estate Sales in Tustin CA in April 2013
-
Lowest Tustin CA real estate sale - $133,900.00
-
Highest Tustin CA real estate sale - $3,225,000.00
What Home Buyers Got For Their Money in Tustin CA in April 2013
For $133,900.00 you could have purchased acondo in Tustin, California with the following features and amenities:
-
1 Bedroom
-
1 Bath
-
587 SF
-
Built in 1968
-
$245 HOA Dues
-
Upgraded Throughout
-
Community Laundry
-
Standard Sale
-
All Cash Purchase
-
Sold For More Than The List Price Of $125,000.00
-
Tustin Unified School District
-
Located Near The 5 Freeway In The Rancho San Juan Community
-
92780 Zip Code
For $3,225,000.00 you could have purchased ahouse in Tustin, California with the following features and amenities:
-
5 Bedrooms
-
3.75 Baths
-
3,700 SF
-
7,132 SF Lot
-
4 Car Attached Garage
-
Built in 1999
-
$165 HOA Dues
-
Upgraded Throughout
-
Office With Built In Murphy Bed And Cabinetry
-
Teen Room/Media Room
-
Rock Spa
-
Built In BBQ
-
Standard Sale
-
Conventional Financing
-
Sold For Less Than The List Price Of $1,349,000.00
-
Tustin Unified School District
-
Located In Guard Gated Madrid Community
-
92782 Zip Code
*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 May 1 & May 25, 2013.
RELATED ARTICLES:
Comments(0)