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North Tustin Real Estate - Market Conditions September 23rd, 2010

North Tustin Real Estate - Market Conditions September 23rd, 2010


Median sale price continues to gradually climb in North Tustin although this month, September 2010, will test the strength of this rebounding market in both the price and volume categories.



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11 Closed Sales: More than two-thirds of the way through September 2010 and 11 detached homes have sold in North Tustin. Of the 11 homes sold, none were bank-owned, 1 was a short sale and the remaining 10 were standard (equity) sales. It may be difficult to equal last month's total sales volume of 20 homes with 7 days remaining and only 10 homes in pending sale status. Median price of the 11 homes sold month to date is $680,000.00 which is a slight drop year over year and month over month but we'll have to wait and see what the final figures at the end of themonth. Sale prices ranged from $425,000 for a 1,763 square foot 3 bedroom/2 bathroom home on Eton Place to $1,075,000 for a 3,190 square foot 4 bedroom/3 bathroom home on Martingale Place.



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107 Active Listings: Of the 107 homes for sale in North Tustin at this time, 99 are standard (equity) sales, 6 are short sales and the remaining 2 are bank-owned (foreclosure) homes. North Tustin remains relatively untouched by distressed sellers as compared to Orange County as a whole. Asking prices range from $399,00.00 for a 1,875 square foot short sale on Bullard Lane to $5,499,000.00 for a stunning custom estate (10,000 sf living space, 3 acre "Villa of the Hills") located on Villa Del Cerro.



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Recent Achievements in North Tustin: Brian Doubleday & Dave Gubler of IML Real Estate recently sold...



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Sold At Full List Price $1,400,000.00 - 9892 Saint Mary's Circle
4 Bed/3 Bath 3,900 sf on 11,250 sf lot w/Pool & View
Let us implement our Premier Marketing Plan, hard work & expertise to sell your home for more!











CONTACT US

Doubleday Group

DRE# 01527298

NMLS # 1699776

Brian Doubleday

DRE# 01216167

NMLS # 253467