Mission Viejo Activity for June 2009
Posted by Paul Eskildsen on Thursday, July 2nd, 2009 at 11:22am.Mission Viejo Real Estate Activity for May 2009
There are currently 264 homes actively listed for sale in Mission Viejo, a 7.6% drop from May. Asking prices ranging from $149,000 for a 1-bed 1-bath 636 square foot condo to $2,995,000 for a 5,800 square foot custom 6-bedroom home on the lakefront. 86 of the homes listed are Short Sales, almost a 16% drop from May. 11 are Bank Owned, meaning 37% of the homes on the market are "distressed" sales.
149 homes came on the market during the month at an average list price of $272 per square foot, down from May's average of $281 per square foot. 50 of the homes listed in June (33%) are already in escrow or have sold.
165 homes came off the market pending sale. The average list price per square foot at the time they were "pended" was $265, a reduction from the May's average of $273.
101 homes were sold, almost 20% more than sold in May. The average time on the market for homes sold this month was 121 days. The average sale price per square foot for homes sold was $265, in line with May's average of $268.
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