 Orange County Short Sale Experts |
This report is for standard sales and short sales in San Juan Capistrano, Orange County CA . This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property listings and closings in Orange County. Currently, there are a total of 98 detached homes listed for sale in San Juan Capistrano , California. The median price of these active homes for sale is $724,440 and the average price per square foot is $482 . Of this total, 12 are short sale listings active for sale. These short sale listings represent 12% of the total inventory of detached homes for sale. The median price of these short sale properties is $525,000 and the average price per square foot is $384 .
For attached condominiums, there are 40 condo units currently listed for sale in San Juan Capistrano. The median price for these listed condominiums is $350,000 and the average price per square foot is $234. Of this total, 21 are short sale condo listings. The median price of these short sale condos is $350,000 , and the average price per square foot is $202. The ratio of short sale condo listings to listings is 52.5% .
Currently, there are 55 detached homes under contract in escrow, and the median price of these pending properties is $569,000 . Of this total pending properties, 30 are short sales, which is 54.5% of the total detached properties in escrow in San Juan Capistrano. The median price is $495,000.
For condominiums, there are now 83 attached units in escrow, and the median price is $274,900. Of this number, 61 are short sales in escrow in San Juan Capistrano. These short sale condos are 73.5% of the total units in escrow, and the median price is $195,000 .
In the past 90 days, there have been a total of 38 detached homes that have sold and closed escrow in San Juan Capistrano. The median price of these sold homes was $510,000 and the average price per square foot was $315. Of this total were 11 short sale properties, which was 28.9% of the total sales. The median price was $474,000 , and the average price per square foot was $278.
For attached condos, there have been a total of 51 condominium sales in the past 3 months. The median price was $245,000, and the average price per square foot was $197 in San Juan Capistrano. In addition, there were 18 short sale condos that sold and closed escrow dueing this same period of time, which was 35.3% of the total number of units sold. The median price of the sold short sale condos was $187,000 , and the average price per square foot was $178 .
As can be seen above, the ratio of Pending in Escrow short sale listings, to Pending total listings is a much higher percentage, as compared to the ratio of Sold short sale properties to Sold total properties. This same substantial drop can bee seen in most every other City of Orange County, and illustrates the fact that short sales fail at a high rate. Property owners who owe more than their home is worth, should seek to work with an experienced Orange County short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.
