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San Juan Capistrano, California Real Estate Market at a Glance May '12

By Frank Farahbakhsh Moham

Real Estate Broker/Owner BRE# 01353757

May 14, 2012 09:44 AM

The statistical information for the city of “San Juan Capistrano, California” is extracted using CRMLS on 05/01/2012. It includes four sections: “Active” (Seller has accepted no offers at this time. This metric provides useful insight into the overall supply of properties); “Backup Offers” (Seller has accepted an offer but is still soliciting more offers through the MLS); “Pending Sales”(Buyer and seller have successfully negotiated a purchase contract and have opened escrow. The property is not on the market at this time. This metric is a direct measure of current sales activity and a leading indicator of market demand); and “Summary” which reflects the information for all the previous mentioned sections combined. Current report shows an increase on the number of “Active” properties, an increase for “Backup Offers”, while there is a decrease on the number of properties “Pending Sale” compared to the last report which was extracted on 04/01/2012.

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