Health & Fitness
BLOG: What Just Sold in SJC
Sales are picking up throughout Southern California. Check out what just sold in San Juan Capistrano.
It’s more than just the temperature that’s heating up this summer. Sales of homes are soaring, too. Here’s a list of what sold and closed escrow in San Juan Capistrano for the week ending Aug. 26.
32592 Pila Degracia 3 bedroom/2 bath 1,805 SF $525,000 31802 Avenida Evita 3 bedroom/2 bath
1,473 SF $582,750 29612 Oakwood Ct 3 bedroom/2 bath
1,200 SF $279,000 27111 Calle Caballero 2 bedroom/2 bath
1,303 SF $260,600 33842 Calle de Bonanza 4 bedroom/3 bath
2,358 SF $703,000
Find out what's happening in San Juan Capistranofor free with the latest updates from Patch.
There are currently 78 single family homes for sale and 12 condominiums listed within the city and another 106 properties are currently “under contract” or in escrow. The average marketing time for the properties currently in escrow is 80 days.
For the month of July, the total homes sold breaks down as follows:
Find out what's happening in San Juan Capistranofor free with the latest updates from Patch.
That adds up to 28 "standard" sales versus 17 “distressed” sales. Compare that to July of 2011 where there were a total of just 15 standard sales and 16 “distressed” sales. Sales volume is up 45 percent year over year! These numbers show the trend is shifting back to more standard sales and less distressed properties for the first time in almost five years.
So whether your thinking of buying, selling or just like to stay on top of the market, these trends paint the picture that things are finally turning around in the housing market.