October Aliso Viejo Real Estate Update
There are currently 147 homes for sale in Aliso Viejo a 35% drop from 60 days ago. Also, in the last 30 days 60 Aliso Viejo homes have sold, and a staggering 100 homes have gone into escrow. That number shows that homes are beginning to sell faster and will continue to as inventory drops. Expected time on market is staying relatively steady, but expect that to decrease. Even though Real Estate slows down this time a year, the buyers who are looking are serious and are ready to pull the trigger quickly with correctly priced homes.
As you can see by the second chart Aliso Viejo homes on average are selling above their list price in October. This means a handful of things. Aliso Viejo sellers are getting more realistic with their pricing, and demand is picking up. There are still numerous micro markets in Aliso Viejo Real Estate, and even though this may paint an accurate general picture, each community has its own driving factors. Contact us to get a detailed analysis of your Aliso Viejo home’s price and your community’s market activity. Whether you are considering refinancing, selling, or just curious this service is offered at no charge.
We love educating our neighbors on the dynamics of their community. You can reach us at 949-235-8614 or fill out the form to the right. If you want a quick home valuation and market snap shot of your community click here