Market Update for Las Flores

By
Real Estate Agent with M Realty

As March comes to an end, it's time to do a quick recap of the active inventory on the market in Las Flores, as well as examining what has sold. Because the price point has a big impact on what is currently moving, I've broken it down by price point and distress sales.

Take note that while the bank inventory is currently at zero, it will come back. The moratorium on Notice of Defaults ended (which is the first step in the foreclosure process) and sadly, the NOD filings are back to previous levels. Stay tuned for more on that.

Please note: The closed sales are in the last 30 days.

uner_500000_in_las_flores

las_flores_500000_to_750000

over_750000_in_las_flores

 

If you ever have any questions about the numbers presented here or questions about the value of your own home in today's market, don't hesitate to ask. There's never any pressure or obligation. That's just not how we roll here. :)

Information based on SocalMLS and deemed reliable but not guaranteed.

 

Originally posted on My Las Flores.

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Topic:
Real Estate General Information
Location:
California Orange County Rancho Santa Margarita Las Flores
Groups:
Everything California
Orange County Real Estate
Tags:
market conditions
orange county real estate
las flores real estate

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Rainmaker
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Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Linsey .. thanks for this market update about Las Flores ... and for sale and buyer trends there.  Keep up the good work.  Best wishes.

Apr 01, 2009 07:21 AM #1
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Rainer
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Linsey Ehle

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