Comparing sales for Casta del Sol, Mission Viejo in the first three months of 2011, 2012 and 2013!
January February March
2011 2012 2013
Sold in 2011 - 14 houses Sold in 2012 - 10 houses Sold in 2013 - 27
Days on Market 2011 – 82 Days on market 2012 – 67 Days on Market 2013 – 48
Avg. price 2011 - $366,200 Avg. price 2012 - $382,300 Avg. price 2013 – 439,120
Low price CDS 2011 - $295,000 Low price CDS 2012 $317,000 Low price CDS 2013 - $380,000
High price CDS 2011 - 497,500 High price CDS 2012 - $505,000 High price CDS 2013 - $530,000
Statistically it is showing a great price increase from 2012 to 2013, I only hope that inventory will increase as summer comes. Low inventory is helping to raise prices.
What has changed in Casta del Sol the most, is the amount of active properties for sale. January 2011 we had 38 active properties available; January 2012 we had only 10 available; January 2013 was even lower with 4 active properties available. As of today there are a total of 6 for sale and all are standard sales. There are no short sales or REOs available at this time and only 1 short sale was listed in the first 3 months of 2013.
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