Aliso Viejo Real Estate Year-End Snapshot!

By
Real Estate Agent with Keller Williams Realty 01442456
https://activerain.com/droplet/4YMf

 

Aliso Viejo MapCan you believe 2016 is in the rear view mirror.   We are already mid-month into 2017.   January is starting off very strong for the real estate market in Aliso Viejo.  Buyers are out and about in high search for their next home.  Even with the rain we have been having...

But before we dive into the new year, let's take a look back at how the real estate market finished the year in Aliso Viejo.

 

Below is a look at how the year finished as well as recap of the how it compared to 2015 from the Orange County Association of Realtors.

Aliso Viejo 2016 real estate report by realtor mo vahdati

Detached Single Family Homes in Aliso Viejo Real Estate performance:

  • Sales Volume for 2016 - was down just about 3% from 2015 overall inventory was down about 10%
  • The median price of Single Family Home in Aliso Viejo in December was $745k, YTD $730k.  This is up for the year just under 8%.
  • Inventory of available homes is down to under 1 1/2 months.   Home sellers.... Opportunity is knocking

 

Below is a look at the condo/townhome market in Aliso Viejo

Aliso Viejo Condo sales 2016

Detached Single Family Homes in Aliso Viejo Real Estate performance:

  • Sales Volume for 2016 was down just about 3% from 2015.
  • The median price of Attached home in Aliso Viejo in December was $419k, YTD $455k.  This is up for the year about 7%
  • Inventory of available homes is down 16% from last year with just 1 month of supply available   Condo sellers.... Opportunity is knocking

 

How does the Aliso Viejo Market compare to the overall Orange County Market?  Check out the graph below:

Looking at the median pricing for detached homes, the pricing trend in Aliso Viejo is slightly below the county. However on the attached side it is above the Orange County Median.

Aliso Viejo homeowners should be very pleased with the price gains of 2016. The biggest news here really is supply, as demand is clearly there.  We are seeing high numbers of attendees at our open house.. I mean high numbers, 65 and over a 100.   Though we are having rain, we are pretty lucky that the market doesn't really stall due to weather.   So if you are considering a move this spring. I would strongly recommend taking a look and speaking with your Realtor to find out if it is beneficial to move now.  Supply and demand is key in receiving top dollar for your home.  As you can see from above with 1 month of inventory available... opportunity is knocking.

Of course if we can be of assistance don't hesitate to contact our team.

 

Search Aliso Viejo Available Homes

Posted by

Mo VahdatiThe information provided in this blog is for information purposes only.  It is deemed reliable but not guarenteed. The above information is provided for information purposes only and deemed reliable but not guarenteed.   When provided, based on information from the Association of Realtors/Multiple Listing as (date of publication the ADR/MLS data was used and/or other sources) Display of any MLS data is deemed reliable but is not guarenteed accurate by the MLS. The Broker/Agent providing the information contained herein may not bave been the listing or selling agent.

 

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