Coto de Caza Real Estate - June 2010 Update
Posted by Leslie Eskildsen on Tuesday, July 13th, 2010 at 5:11pm.Home sales in Coto de Caza took a twist in June. The home sales in the $1 - $2 Million range surpassed the traditionally more rapidly moving under $1 Million dollar Coto home market. More good news is that there were actually 4 closed sales in the over $2 Million range - after a two monhts of no closings at all in this range!
Here's the way the numbers play out:
Price Range | Active Listings | Total in Escrow | New Escrows in June | Closed in June | Closed DOM |
| Under $1 Million | 42 35 % distressed | 31 77% distressed | 12 85% Distressed | 10 33% distressed | 128 |
| $1 - $2 Million | 37 8% distressed | 15 67% Distressed | 8 25% Distressed | 15 | 85 |
| Over $2 Million | 36 | 2 | 2 | 4 | 81 |
Of the four closed sales over $2 Million - 2 were in Weatherly - one sold for just under $3.8 Million and the other for just under $2.7 Million. The total number of homes for sale in Coto de Caza remains failry consistent, and is still consistently spread across the three price ranges. New Open Escrows in the $1 Million and under range are down from May - maybe the inpact of the expiration of the Home Buyer Tax Credit? We'll know more about that in May.
And if you are interested in keeping up on the Coto Real Estate Market - click here! Ready to take a look at homes for sale in Coto de Caza? Give me a call - 949-678-3373
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[...]Distressed 00% Distressed 20% Distressed 219The biggest changes in the Coto Real Estate Market from June to July are in the percent of distressed homes in the mid to highest price ranges. There was[...]
Posted on Thursday, August 5th, 2010 at 6:06 PM.