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Ventana’s San Juan Capistrano Real Estate Market Update – September 2011
Whether you are buying or selling San Juan Capistrano real estate, it is important to understand what is going on in the market so that you make informed decisions. Is the market stabilizing, continuing to decline, or on an upswing? We are here to assist you with your personal real estate needs and welcome the opportunity to provide individual consultations to tailor our guidance to your specific needs. So let’s have a look at what is going on in the San Juan Capistrano real estate market:
San Juan Capistrano Market Update for September 2011
2011 – 39 properties closed escrow, average sales price $556,614, 120 Days on Market
*Currently 151 active listings, average list price $1,253,671, 123 Days on Market
2010 – 32 properties closed escrow, average sales price $501,738, 91 Days on Market
So What Does it All Mean?
San Juan Capistrano real estate sales are up 22% vs. the same period last year. San Juan Capistrano homes are taking longer to sell, at 120 average days on market vs. 91 days on market from a year earlier. While the average selling ...
... price has increased, this is attributed to slightly larger homes selling in this period vs. the year earlier. Average sold price per square foot actually decreased by 5%.
We invite you to use the resources available to you on our website to explore real estate activity in your specific area. High level market reports provide a snapshot of your local market but may not adequately provide a complete understanding as to what directions you should take. What is the current value of your home? Is it the right time to sell? Is it the right time to consider buying income property? Is the overall Orange County real estate market moving up, down or sideways? Information is essential to your success and we are committed to keeping you up to date. Visit our San Juan Capistrano Community page to explore real estate related information and listings categorized by price, property type, including short sales and foreclosures.
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