Coto Monthly Activity for May 2009
Posted by Paul Eskildsen on Monday, June 1st, 2009 at 11:45am.Coto de Caza Real Estate Activity for May 2009
There are currently 157 homes actively listed for sale in Coto de Caza, with asking prices ranging from $369,900 for a 2-bed 2-bath 1,342 square foot condo to $22,000,000 for a 16,000 square foot custom Los Ranchos Estate (on the market since February of 2008). 22 of the homes listed are Short Sales, and only 3 are Bank Owned, for a total "distressed" ratio of less than 16%.
Once again, 37 homes came on the market during the month at an average list price of $437 per square foot. The price per square foot is heavily skewed by 3 or 4 multi-million-dollar listings - if those over $3,000,000 are excluded, the average price per square foot is $332.
22 homes came off the market pending sale. The average list price per square foot at the time they were "pended" was $291, a reduction from the $307 per square foot of the original listing.
17 homes were sold. The average time on the market for homes sold this month was 120 days, selling an average of 21 days faster than those sold in April. The average sale price per square foot for homes sold was $268, compared to the $282 per square foot list price at the time they pended, and $315 based on the original list price. The price per square foot of homes sold this month also represents a drop from April's average.
Coto Homes Sold
| Average: | 5 | 5 | 4,059 | 1,092,294 | |
| Address | Neighborhood | Beds | Baths | Square Feet | Sale Price |
| 1 Long View Rd | San Marino | 5 | 5 | 5,800 | 2,000,000 |
| 43 Van Gogh Way | Grand Coto Estates 1 | 6 | 6 | 5,000 | 1,498,000 |
| 100 Vela Ct | Oak View @ Summit | 5 | 5 | 4,336 | 1,415,000 |
| 9 Elliot Ln | Silver Creek | 4 | 5 | 4,231 | 1,339,000 |
| 10 Bent Oak | Oak View @ Summit | 5 | 6 | 5,200 | 1,295,000 |
| 21 Raes Creek Ln | GlenEagles | 4 | 5 | 4,110 | 1,110,000 |
| 26 Salinger Ct | Chatham | 5 | 5 | 4,500 | 1,100,000 |
| 9 Orion Way | Glenmere | 5 | 6 | 4,200 | 1,100,000 |
| 18 Castle Pines | Fairway Estates | 5 | 5 | 3,700 | 1,031,000 |
| 6 Mackenzie Ln | GlenEagles | 5 | 5 | 4,300 | 1,000,000 |
| 14 Marchin Dr | Valle Vista | 4 | 4 | 3,900 | 999,000 |
| 3 Palomino | Woods | 5 | 4 | 3,950 | 985,000 |
| 23381 Via Alondra | Village | 4 | 6 | 4,000 | 950,000 |
| 30 Calle De Princesa | East Point | 5 | 4 | 3,369 | 838,000 |
| 12 Ginger Lily Ct | Courante | 5 | 4 | 3,500 | 750,000 |
| 16 Constellation Way | Terraza | 3 | 3 | 2,450 | 650,000 |
| 55 Via Barcaza | Los Verdes | 3 | 3 | 2,452 | 509,000 |
Coto Homes "Pended"
| Average: | 4 | 4 | 3,681 | 1,128,086 | ||
| Current Status | Address | Neighborhood | Beds | Baths | SqFtTotal | ListPrice |
| Backup Offers | 7 Falconridge Dr | Weatherly | 5 | 6 | 5,700 | 3,650,000 |
| Closed Sale | 100 Vela Ct | Oak View @ Summit | 5 | 5 | 4,336 | 1,585,000 |
| Backup Offers | 6 Wandering Riv | Oak View @ Summit | 5 | 5 | 5,000 | 1,549,000 |
| Closed Sale | 43 Van Gogh Way | Grand Coto Estates 1 | 6 | 6 | 5,000 | 1,498,000 |
| Pending Sale | 7 Running Brook Dr | San Marino | 5 | 6 | 5,700 | 1,475,100 |
| Backup Offers | 16 Mackenzie Ln | GlenEagles | 5 | 5 | 4,300 | 1,299,500 |
| Backup Offers | 15 Claremont Ln | Canyon Estates | 4 | 5 | 3,909 | 1,299,000 |
| Backup Offers | 36 Water Lily Way | Southern Hills Encore | 4 | 5 | 4,325 | 1,199,000 |
| Backup Offers | 23776 Via Ortega | Village | 5 | 5 | 4,100 | 1,199,000 |
| Backup Offers | 5 Caelum Ct | Crooked Oak | 5 | 4 | 3,850 | 1,149,000 |
| Backup Offers | 16 Aquila Way | Crooked Oak | 5 | 4 | 4,100 | 1,129,000 |
| Backup Offers | 2 Blackhawk | Hillsboro | 4 | 4 | 3,920 | 1,049,000 |
| Backup Offers | 4 Douglass Dr | Valle Vista | 4 | 4 | 3,824 | 925,000 |
| Pending Sale | 21 Kennedy Ct | Tapestry | 6 | 5 | 3,700 | 849,000 |
| Backup Offers | 8 Cedargrove | East Hill | 5 | 4 | 3,305 | 837,900 |
| Backup Offers | 25 Princeton Trl | Montecito | 3 | 4 | 2,400 | 725,000 |
| Backup Offers | 26 Dornoch Way | Chantemar | 4 | 3 | 2,400 | 724,000 |
| Pending Sale | 80 Via Candelaria | Terraces | 4 | 3 | 2,398 | 659,000 |
| Backup Offers | 45 Sagitta Way | Terraza | 3 | 2 | 2,150 | 649,000 |
| Pending Sale | 4 Edgewood | Fairway Estates | 4 | 4 | 3,087 | 643,500 |
| Backup Offers | 10 Green Brier Cir 51 | Fairway Oaks | 2 | 2 | 1,342 | 369,900 |
| Pending Sale | 23531 Avenida La Caza 118 | Villa Serena | 5 | 3 | 2,125 | 355,000 |
Coto Homes Listed
| Average: | 5 | 6 | 5,621 | 2,715,743 | ||
| Current Status | Address | Neighborhood | Beds | Baths | Square Feet | ListPrice |
| Active | 31951 Violeta Ln | Los Ranchos Estates | 7 | 12 | 15,000 | 12,900,000 |
| Active | 30911 Via Colinas | Forest | 6 | 8 | 8,800 | 6,750,000 |
| Active | 22962 Sonriente Trl | Los Ranchos Estates | 5 | 7 | 5,000 | 5,250,000 |
| Active | 6 Fresian | Woods | 6 | 7 | 8,000 | 3,900,000 |
| Active | 19 Havenhurst Dr | Weatherly | 5 | 5 | 5,700 | 3,150,000 |
| Active | 23832 Via Roble | Forest | 6 | 6 | 6,101 | 2,350,000 |
| Active | 1 Sawgrass | Woods | 4 | 6 | 5,600 | 2,350,000 |
| Active | 41 Augusta | Masters | 4 | 5 | 6,132 | 2,295,000 |
| Active | 1 Oak Canyon Trl | Trails | 5 | 6 | 5,000 | 1,999,000 |
| Active | 94 Panorama | Pinnacle | 5 | 5 | 4,500 | 1,999,000 |
| Active | 6 De Soto Way | Grand Coto Estates 2 | 5 | 5 | 4,800 | 1,795,000 |
| Active | 85 Panorama | Pinnacle | 5 | 5 | 3,800 | 1,699,000 |
| Active | 29 MARBLE CREEK Ln | Spring Hill | 6 | 5 | 4,966 | 1,695,000 |
| Active | 3 River Rock Dr | Spring Hill | 5 | 4 | 4,800 | 1,650,000 |
| Backup Offers | 6 Wandering Riv | Oak View @ Summit | 5 | 5 | 5,000 | 1,549,000 |
| Active | 20 Marble Creek Ln | Spring Hill | 4 | 3 | 4,504 | 1,485,000 |
| Active | 5 River Rock | Spring Hill | 5 | 4 | 4,504 | 1,485,000 |
| Pending Sale | 7 Running Brook Dr | San Marino | 5 | 6 | 5,700 | 1,475,100 |
| Active | 4 Orion Way | Glenmere | 5 | 6 | 4,135 | 1,399,000 |
| Active | 22 Golden Poppy Dr | Southern Hills Encore | 5 | 6 | 4,433 | 1,379,000 |
| Active | 3 Carmel Valley | Greens At Coto | 5 | 5 | 4,577 | 1,350,000 |
| Active | 21 Caelum Ct | Crooked Oak | 5 | 5 | 4,400 | 1,299,000 |
| Active | 10 Madeline Ct | Rosewood | 5 | 5 | 3,840 | 1,259,000 |
| Hold Do Not Show | 31851 Via Patito | Village | 4 | 5 | 4,000 | 1,200,000 |
| Active | 46 Downfield Way | Classics | 4 | 3 | 3,279 | 999,999 |
| Active | 24242 Fairway Ln | Country Homes | 3 | 3 | 2,350 | 929,000 |
| Active | 20 Northampton Pl | Stonehedge | 4 | 3 | 2,633 | 799,999 |
| Active | 23632 Via Halcon | Village | 4 | 3 | 2,450 | 799,000 |
| Active | 25 Creek View Rd | Oak Ridge | 5 | 3 | 2,837 | 798,000 |
| Active | 8 Vintage Way | Oakmont | 4 | 3 | 2,551 | 769,000 |
| Active | 24082 Fairway Ln | Country Homes | 4 | 3 | 2,540 | 749,900 |
| Backup Offers | 26 Dornoch Way | Chantemar | 4 | 3 | 2,400 | 724,000 |
| Active | 54 Bogey Ln | Greystone Villas | 4 | 3 | 2,700 | 630,000 |
| Active | 18 Dornoch Way | Chantemar | 3 | 3 | 1,850 | 599,000 |
| Active | 10 Malaquita | Terraces | 2 | 2 | 1,464 | 549,900 |
| Backup Offers | 10 Green Brier Cir 51 | Fairway Oaks | 2 | 2 | 1,342 | 369,900 |
| Active | 25 Oak Knolls | Fairway Oaks | 2 | 2 | 1,342 | 369,900 |
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