San Clemente Housing Report July 2013

San Clemente Real Estate Report

South Orange County Real Estate

San Clemente Real Estate at a Glance: volume stayed strong last month and prices continue to trend upwards even with more homes hitting the market.

South Orange County Real Estate General Economic Conditions:  inventory has been ticking upwards and currently homes are taking a bit longer to sell. Prices continue to trend upwards. Right now it is common for a home to be listed at a price higher than market than gradually worked back down to market levels as sellers try to capitalize on the summer selling season.

Detached Homes

Current Active Inventory 202

Behind the Numbers

Average volume past 3 months 70

Prices continue to trend upwards

Volume  very strong volume right now

Months of Inventory continues to move in a gradual upward tend as more homes hit the market

sc detached volume

sc detached price sc months detached

What this means for

Buyers – Even with more homes on the market buyers still need to act quickly to get the best of what is out there. Volume remains strong so there is plenty of competition for the better homes. 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 and find the best San Clemente home for you.

Sellers Now is the time for sellers. With many homeowners still without enough equity to sell and move if you do have enough equity or have an income property to sell do so now and take advantage of a favorable market. 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 52

Behind the Numbers

Average volume past 3 months 23

Prices  upward trend continues

Volume  another high month as summer continues

Months of Inventory staying level as increased inventory is complimented by increased sales

sc detached volume sc attached price sc months attached

What this means for

Buyers –The market is getting tighter for buyers so move quickly when you find the home you 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.

Sellers – Great time to sell as the market has moved your way for now and the coming fall and winter and interest rate changes could swing the market towards the buyers again. 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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