Aliso Viejo Real Estate Report July 2014

Aliso Viejo Real Estate Report

Aliso Viejo Real Estate at a Glance:  summer starts with a slow simmer: Aliso Viejo Real estate kicked off summer with a slow simmer like the rest of Orange County. We expect the market to really heat up here in Aliso Viejo in the next couple weeks.

South Orange County Real Estate General Economic Conditions: June kicked off the summer selling season with a slow simmer which we expect to continue to heat up as the weeks go by.

Get the latest Orange County Real Estate report here

Active Inventory  – continues to climb as summer progresses

Another month of rising inventory as more Aliso Viejo homes are hitting the market.

ALISO VIEJO REAL ESTATE ACTIVE LISTINGS

The chart below represents single family homes, town homes & condos for Aliso Viejo.

aliso viejo real estate report july 14.004

Sales Prices - slight drop

After a few months of upwards movement we had a slight drop off in median sales price in Aliso Viejo. But after further analysis of the data this is more a factor of increase activity at the low end of the market and decreased activity at the very top of the market so we don’t think this represents an overall decrease in Aliso Viejo home values and are pretty confident this number will be higher for July.

ALISO VIEJO REAL ESTATE MEDIAN SALES PRICE

The chart below represents all single family, town homes, and condos in Aliso Viejo.

aliso viejo real estate report july 14.002

Months of Inventory - jumped up

A slower month was bound to increase the months of inventory we are confident this number will fall next month. How much it falls will be a good indicator of how strong our summer season is.

ALISO VIEJO REAL ESTATE MONTHS OF INVENTORY

The chart below represents all single family, town homes, and condos in Aliso Viejo.

aliso viejo real estate report july 14.005

Volume - drop from extremely high month

After hitting a 12 month high for volume in Aliso Viejo real estate we expected a drop off. If things go as they usually do in Aliso Viejo Real Estate during the summer we should see this number jump back up for the next couple months.

ALISO VIEJO REAL ESTATE VOLUME

The chart below represents all single family, town homes, and condos in Aliso Viejo.

aliso viejo real estate report july 14.003

Days to Sell - slight increase

As expected after a busy May we saw a rise in days to sell in June. We expect this number to fall noticeably for the next couple months.

ALISO VIEJO REAL ESTATE DAYS TO SELL

The chart below represents all single family, town homes, and condos in Aliso Viejo.

aliso viejo real estate report july 14.006

What all this Means to:

Sellers –  The activity will pick up going forward making this a great time to list your Aliso Viejo home. Certain neighborhoods are seeing more activity than others so for specifics feel free to contact me and  if you are curious how much your home is worth in this market simply fill out this home valuation request and I will gladly email you your free home value report.

Buyers - Summer in Aliso Viejo is usually a quickly moving and busy season and this summer should be no exception.  Having counseled hundreds of Aliso Viejo homeowners over the last decade and a half I will gladly help guide you in making the right home decision for your needs.   If you are  thinking about buying feel free to contact me and we can go over what’s going on in the market and what your options are.

For more information please contact me direct at 949 599 6860.

Thanks

Sherry Swift

Broker Associate

Find out how much your home is worth now with our home value email report

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Aliso Viejo Real Estate Report July 2014
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Aliso Viejo Real Estate started the summer like the rest of orange county real estate with a slow simmer. We do expect the market to get much busier very quickly. Get the latest Aliso Viejo real estate report from your leading local Aliso Viejo real estate team.
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