North Tustin CA Real Estate Market Report
For The Month Of May 2012
BUYERS COMPETING FOR HOMES FOR SALE IN NORTH TUSTIN CA
The North Tustin real estate market changed very little from April to May; The number of homes for sale in North Tustin, California increased by only 5 listings, and pending home sales and closed real estate sales in North Tustin were also, nearly identical month over month.
Although a stagnant real estate market may not seem exciting, it's an encouraging sign that the available inventory of homes for sale in North Tustin is not increasing in large numbers, as it typically does in the spring and summer months in Southern California. The reduced inventory of homes for sale in North Tustin, California, at a time of year many buyers are looking to make a move, is creating multiple offer competition for home buyers, which is another positive real estate market indicator.
ACTIVE REAL ESTATE LISTINGS IN NORTH TUSTIN CA = 73
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Lowest priced property for sale in North Tustin, CA - $469,900.00
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Highest priced property for sale in North Tustin, CA - $2,999,000.00
North Tustin CA Active Real Estate Listings By Property Type:
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73 Single Family Residence
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0 Condo/Townhouse
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0 Other (Land, Mobile Home, Mixed Use Property, etc...)
North Tustin CA Active Real Estate Listing By Sales Type:
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69 Standard
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0 REO*
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2 Short Sale**
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2 Other (Relocation Sale, Probate Sale, etc...)
North Tustin CA Active Real Estate Listings By Price Range:
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71 North Tustin, CA properties priced above $500,000.00
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2 North Tustin, CA properties priced at or below $500,000.00
NORTH TUSTIN CA PROPERTIES IN PENDING AND BACK UP STATUS = 31
Pending North Tustin CA Properties By Sales Type:
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17 Standard
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1 REO*
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12 Short Sale**
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1 Other (Relocation Sale, Probate Sale, etc...)
NORTH TUSTIN CA PROPERTIES SOLD IN MAY 2012 = 17
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Lowest Fullerton real estate sale - $560,000.00
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Highest Fullerton real estate sale - $1,455,000.00
What can you get for your money in North Tustin CA?
For $560,000.00 you can buy a home in North Tustin, California with the following features and amenities:
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5 Bedroom
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5.5 Bath
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4,135 SF
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3,500 SF Lot
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Built in 1991
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Needs Updating
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2 Car Attached Garage
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Catalina Island and City Lights Views
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Located in the Panorama Area, Bordering Orange
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FHA Financing
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Orange Unified School District
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92705 Zip Code
For $1,455,000.00 you can buy a home in North Tustin, California with the following features and amenities:
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5 Bedrooms
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4 Baths
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4,300 SF
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56,628 SF Lot
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3 Car Attached Garage
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Built in 1995
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Privately Gated Custom Built Home
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Highly Upgraded
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Bonus Room
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Pool and Spa
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City Lights View
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Located in the Red Hill Area
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All Cash Purchase
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Tustin Unified School District
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92705 Zip Code
North Tustin CA Properties Sold By Sales Type:
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15 Standard Sales
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1 REO Sales*
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1 Short Sales**
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0 Other (Relocation Sales, Probate Sales, etc...)
*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 June 1st, 2012.
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