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Coto de Caza Bank Owned Real Estate - Market Update

Posted by Leslie Eskildsen on Tuesday, October 28th, 2008 at 7:31pm.

Coto de Caza REO Homes for Sale - Market Update 

There are eleven Bank Owned homes for sale in Coto de Caza today, priced from $429K to $1.32M.  These include condos and single family homes, and are located in a wide variety of Coto neighborhoods - one in Fairway Oaks, two in Andalusia, one in Chantamar, one in Tanglewood, three in the Village, one in Summerfield, one in Oakmont and one in the Greens.  Seven REO homes in Coto are currently in escrow - having sold in an average of 45 days.  

Coto de Caza Short Sale Homes for Sale - An Update 

Regarding the Short Sale market in Coto, there are 21 homes available to buy as Short Sales.  A brand new Short Sale home in Summerfield just hit the market today - listed at $879K and was last offered in March for $1.1M.  Purchased in April of 2005 for $970K.  Seven Short Sales are in escrow currently, averaging 75 days to sell.  Great deals are out there, you just have to  be patient if you are going after a Short Sale home for sale in Coto, as with a Short Sale home in any Orange County neighborhood.

Coto de Caza Equity Owner Homes for Sale - An Update 

The 106 Equity Owner homes currently for sale in Coto have been on the market an average of  131 days  - and are still not sold. 

Coto de Caza Real Estate Market Summary

There are undoubtedly countless opportunities waiting for well-qaulified buyers in this segment of the Coto de Caza Real Estate market.  Click here to begin searching immediately for distressed properties in Coto de Caza and go make a great deal!

 


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