TUSTIN CA REAL ESTATE LISTINGS JUMP NEARLY 70 PERCENT
Month over month real estate listings jumped by nearly 70% in Tustin, California. However, the year over year stats showed a decrease of 23.8% in the number of homes for sale in Tustin, California, at the end of June 2013. Home prices have risen in Tustin over the past year, due to the low inventory level, and bidding wars that continue to take place.
Pending home sales fell 25.9% month over month in June, and by more than 40%, as compared to one year earlier. This was inevitable, given the shrinking inventory of homes for sale in Tustin.
Closed real estate transactions held steady, posting only a 1.3% increase between May and June. Although, the year over year sales figures grew by nearly 50%. In June 2013, the majority of real estate sales in Tustin, California closed at or above the original list price. Based on current market conditions, this is to be expected.
ACTIVE REAL ESTATE LISTINGS IN TUSTIN CA = 90
Highest and Lowest Priced Real Estate Listing in Tustin CA:
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Lowest priced property for sale in Tustin, CA - $214,900.00
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Highest priced property for sale in Tustin, CA - $1,780,000.00
Tustin CA Active Real Estate Listings By Property Type:
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49 Single Family Residence
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41 Condo/Townhouse
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0 Other (Land, Mobile Home, Mixed Use Property, etc...)
Tustin CA Active Real Estate Listing By Sales Type:
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79 Standard
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3 REO*
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4 Short Sale**
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4 Other (Relocation Sale, Probate Sale, etc...)
Tustin CA Active Real Estate Listings By Price Range:
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60 Tustin, CA properties priced above $500,000.00
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30 Tustin, CA properties priced at or below $500,000.00
TUSTIN CA PROPERTIES IN PENDING AND BACK UP STATUS = 100
Pending Tustin CA Properties By Sales Type:
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66 Standard
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1 REO*
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32 Short Sale**
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1 Other (Relocation Sale, Probate Sale, etc...)
TUSTIN CA PROPERTIES SOLD IN JUNE 2013 = 79
Tustin CA Properties Sold By Sales Type:
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71 Standard Sales
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0 REO Sales*
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7 Short Sales**
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1 Other (Relocation Sales, Probate Sales, etc...)
List Price Versus Sales Price In Tustin CA In June 2013
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10 Properties sold at list price
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24 Properties sold for less than list price
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44 Properties sold for more than list price
Highest and Lowest Real Estate Sales in Tustin CA in June 2013
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Lowest Tustin CA real estate sale - $180,000.00
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Highest Tustin CA real estate sale - $1,980,000.00
What Home Buyers Got For Their Money in Tustin CA in June 2013
For $180,000.00 you could have purchased acondo in Tustin, California with the following features and amenities:
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2 Bedroom
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2 Bath
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900 SF
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1,000 SF Lot
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Built in 1969
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HOA Dues Not Disclosed
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No Interior Photos Or Description Provided
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Short Sale
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No Financing Information Provided
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Sold For The List Price Of $180,000.00
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Tustin Unified School District
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Located Near The 5 Freeway
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92780 Zip Code
For $1,980,000.00 you could have purchased ahouse in Tustin, California with the following features and amenities:
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4 Bedrooms
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4 Full Baths, 2 Half Baths
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4,000 SF
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21,000 SF Lot
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3 Car Attached Garage
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Built in 2002
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Single Story
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$340 HOA Dues + Mello Roos
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Highly Upgraded Throughout
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All 4 Bedrooms Have Private Bathrooms
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Bonus Room
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Surround Sound
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Extensive Hardscape
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Casita
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Outdoor, Covered Kitchen With Granite Counters, BBQ, Refrigerator, And Sink
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Outdoor Bathroom
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Outdoor, Stacked Stone Fireplace
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Built In BBQ
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Pool And Spa
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Hills, city Lights, Canyon, And Mountain Views
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Standard Sale
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Conventional Financing
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Sold For Less Than The List Price Of $2,049,888.00
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Tustin Unified School District
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Located In The Gated Emerson Community, Bordering Lemon Heights And Cowan Heights
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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 July 1 & July 10, 2013.
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