San Clemente Market Stats September 2011

It’s a rainy day in San Clemente on this October 5, 2011. A little rain isn’t going to keep me from giving you the latest update. Tune in below…

So for those of you who prefer to see the numbers broken down, here’s a brief summary:

SOLD
71 San Clemente homes sold in September 2011 (60 SFR, 11 condo)

UP 9.23% from September 2010

38% of homes sold were distressed (4 REO, 23 short sale)

Median sales price $625,000 Median days on market 89

Average list to sales price is at 96%

Active

360 active homes for sale (263 are SFR)

Median list price is at $725,000 for SFR

Distressed properties make up 23% of the homes for sale

Orange County

10153 homes for sale

35% are distressed properties

So we’ve seen a increase in the homes sold since August and a decrease in the days on market. The average list to sales price remains the same at 96% and we are still in a strong buyers market. If you are thinking about selling and are worried about the holidays approaching, there is a positive I want to point out. The buyers that are out looking during the holidays are serious and ready to buy. So even though less people may be coming to see your home, they will be ready to make an offer when they find the right home.

Check back in next month to get the scoop on October numbers.

Call 714-396-2819 for the professional real estate services of Adrienne Markes and get your questions answered.

Remember there is help available for people undergoing hardships who would like to stay in their home or avoid foreclosure.

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