Comparing sales for Casta del Sol, Mission Viejo Jan thru Oct. months of 2012, 2013 and 2014!
January February March
2012 2013 2014
Sold in 2012 - 80 houses Sold in 2013 - 109 houses Sold in 2014 - 100
Days on Market 2012 – 72 Days on market 2013 – 47 Days on Market 2014 – 55
Avg. price 2012 - $389,500 Avg. price 2013 - $487,300 Avg. price 2014 – 549,120
Low price CDS 2012 - $260,000 Low price CDS 2013 $347,000 Low price CDS 2014 - $385,000
High price CDS 2012 - 519,500 High price CDS 2013 - $657,000 High price CDS 2014- $699,000
Statistically it is showing a great price increase from 2013 to 2014, I only hope that inventory will remains at about the same level, as this will keep the prices from skyrocketing as we enter 2015.
What has changed in Casta del Sol the most, is the amount of active properties for sale. January 2012 we had only10 active properties available; January 2013 we had 4 available but January 2014 was much higher with 17 active properties available. As of today there are a total of 19homes for sale and all are standard sales.
As you can see the prices did the biggest jump in 2013 and that was due to shortage of inventory. Casta del Sol now has several contractors updating the homes and reselling them.
Check out all the listings at www.CastaDelSolRealEstate.com
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