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Coto de Caza Weekly Real Estate Market Update 10/15/2008

Posted by Leslie Eskildsen on Wednesday, October 15th, 2008 at 1:30pm.

Coto Home Sale Activity in the MLS


The chart below shows a summary of the current homes listed for sale in Coto de Caza, including activity for the last week.
 
Category   Single Family Condo Total   Short Sale REO   Median Price   Avg. DOM
 Active Listings    121 19 140   23 13   1,180,000   119
 New  On the Market    7 0 7   2 1   1,320,000   3
 Withdrawn Expired or on Hold    11 0 11   4 0   1,499,000   141
 New in Escrow    4 1 5   2 0   1,239,000   179
 Back on the Market    0 1 1   0 1   535,500   28
 Closed Sale    2 0 2   0 0   1,444,750   20
 Net Weekly Activity    (8) 0 (8)   (4) 2        

Coto Deal of the Week Under $1 Million

This bright and clean 4-bedroom 3,000 square foot home in the Tanglewood neighborhhod of Coto de Caza is a bargain hunter's dream. The list price of $729,900 is a full $150,000 less than the house one street away with the same floorplan.  You don't get the golf course views of the more expensive home, but there are rooftop an hills views from the upper floor.  Both homes have motivated sellers - they're owned by the bank!

Coto Deal of the Week Over $1 Million

If you're looking for a bargain in the luxury home category in Coto de Caza, take a look at this beauty, listed at $1,899,999.  Over 5,000 square feet of upgrades located on the fairway of the 18th hole of Coto's North Course, with views of the 18th green and the surrounding hills.


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