Here are homebuying highlights for Coto De Caza and Dove Canyon from ReportsOnHousing for October.
This house-hunting report tracks listing, buying and selling of existing detached and attached residences in the community. Analysis includes October trends based on closed sales: sale counts; average price vs. average list price; high and low price paid in the month; average cost per square foot and average size; plus, based on broker listing networks stats on Nov. 30 the “market time” metric comparing supply of listings to new escrows opened in past 30 days.
In Coto De Caza …
1. Sales: 19 sold vs. 21 a year ago.
2. Average sales price: $1,313,079 that ranked No. 6 out of 46 Orange County markets tracked and was down 0.2 percent in a year.
3. Compared to list: Sellers got 96.9 percent of what they typically asked for, ranking No. 41 of the 46 markets.
4. Range: High sale of $2,725,000 vs. the $600,000 low.
5. Sizing: On average, buyers paid $351 per square foot on a 3,738 square-foot residence. This pricing metric was off 1.1 percent in a year.
6. Market speed: 109 days, listing to escrow opened vs. 170 days a year ago and 123 days two years ago.
In Dove Canyon …
7. Sales: 3 sold vs. 5 a year ago.
8. Average sales price: $812,167 that ranked No. 19 out of 46 Orange County markets tracked and was down -12.2 percent in a year.
9. Compared to list: Sellers got 97.9 percent of what they typically asked for, ranking No. 32 of the 46 markets.
10. Range: High sale of $890,000 vs. the $706,500 low.
11. Sizing: On average, buyers paid $350 per square foot on a 2,321 square-foot residence. This pricing metric was up 22.3 percent in a year.
12. Market speed: 84 days, listing to escrow opened vs. 83 days a year ago and 73 days two years ago.
Compare these patterns to five October trends we saw in all of Orange County …
13. Sales: 2,553 sold vs. 2,575 a year ago.
14. Average sales price: $868,090, up 10.4 percent in a year.
15. Compared to list: 98.4 percent.
16. Sizing: On average, buyers paid $464 per square foot — up 9.7 percent in a year — on a 1,870 square-foot residence.
17. Market speed, as of Nov. 30: 62 days vs. 73 days a year ago and 75 days two years ago.
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