Aliso Viejo
 

Aliso Viejo Real Estate Performance

April 2011 vs. April 2010

Posted on May 05, 2011 by Matt Cabrera.

The Aliso Viejo real estate market for the month ended April 2011 compared to the same period a year ago continues to show signs of stability as the average sales price has remained relatively steady showing a 1% increase to $408,560 from $404,390 a year ago.

Another strong indicator of stability in the market continues to be inventory levels as there was 4.7 months of supply of Aliso Viejo homes and Aliso Viejo condos on the market at the end of the month.  Historically 5-6 months of supply has indicated a stable market, 4-5 months a slightly appreciating market, and anything above 6 months a depreciating market.

Sales of Aliso Viejo real estate are down by 32 units or 12% compared to the same period a year ago, however, we are beginning to see an uptick now that we are entering the busy buying season as there are currently 98 homes under contract.

Aliso Viejo real estate sold for 94.4% of original listing price and 98.2% of adjusted listing price year-to-date, indicating that buyers and sellers continue to come more in line with values.

For more information, including comparable sales to properties of interest or how to get pre-approved to purchase, please feel free to contact us.

Go back to blog homepage