Aliso Viejo Real Estate Report May 2013

Aliso Viejo Real Estate Report

South Orange County Real Estate

Aliso Viejo Real Estate at a Glance: Aliso Viejo real estate prices continue to trend upwards and lack of available inventory continues to be a problem for buyers. The months of inventory now sits at just 1, which is extremely low making this a true seller’s market. My Aliso listings last month sold quickly at at over asking price. Right now Aliso Viejo home sellers need to be prepared to move quick and navigate potential appraisal issues as their home values continue to rise.

South Orange County Real Estate General Economic Conditions: More of the same as the single greatest issue right now in South Orange County is available inventory. Despite more homes coming on the market last month demand was there to meet them so inventory levels remain low for most of South Orange County.

Detached Homes

Current Active Inventory 24

Behind the Numbers

Average volume past 3 months 28

Prices continue to climb at a reasonable rate

Volume  starting to climb as the prime selling season approaches

Months of Inventory  currently at an extremely low level of one month making this a seller’s market for now

aliso detached volume

aliso viejo real estate pricealiso viejo real estate months detached

What this means for

Buyers – With inventory so low Aliso Viejo home buyers need to move quickly to see properties and be prepared to wait a while to find something because there simply is not a large pool to select from yet. Multiple offers are the norm in Aliso Viejo right now and buyers should be prepared to make concessions to the seller since it is a seller’s market.  In representing buyers we are now actively seeking out potential properties that are not yet on the market to give our clients a leg up on the immense competition out there. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers – With only one month of inventory on the market you couldn’t find a better time to be a seller. Sellers are getting offers by the dozen in the first few days on being on the market. Buyers are being extremely accommodating and if your considering making a move up the record low rates make this an amazing opportunity. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 29

Behind the Numbers

Average volume past 3 months 44.5

Prices continue to climb upwards, this trend should continue for the rest of the year

Volume  starting to climb as we approach the prime selling season, expect to see this number rise as the year progresses

Months of Inventory rests at 2 right now making this a great time to be a seller

aliso viejo real estate months aliso viejo real estate price attached aliso viejo real estate volume attached

What this means for

Buyers – Buyers need to act quick, be prepared to deal with multiple offers, and be patient. We actively seek properties not yet on the market for our buyers to give them a much better chance of getting the home they want. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market and be prepared to have to see the home and make your offer quickly.

Sellers – This is one of the hottest markets right now, inventory is very low at 2 months so you are in a seller’s market for now. If you have thought about selling you could not ask for a better time. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

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Posted in Aliso Viejo real estate, for buyers, for sellers, OC real estate
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