The sales statistics for January are now in, so let's take a look and see how the 2008 year in real estate is shaping up for the San Clemente area:
The San Clemente average sales price dropped 13 percent compared to Jan 2007, bringing the average price to $941,872. The number of new listings decreased 32 percent, while sales decreased 27 percent. Meanwhile, the average market time increased 16 percent, with average market times of 116 days vs. 100 days in 2007.
|
San |
New |
Sold |
Average |
Average |
|
Jan 2008 |
131 |
30 |
$941,872 |
116 |
|
Jan 2007 |
193 |
41 |
$1,076,799 |
100 |
San Juan Capistrano's average sales price decreased 13 percent, bringing the average price to $943,923. The number of new listings increased by 6 percent, while market times increased 15 days or 16 percent. Sales decreased 27 percent.
|
San Juan |
New |
Sold |
Average |
Average |
|
Jan 2008 |
79 |
16 |
$943,923 |
109 |
|
Jan 2007 |
73 |
22 |
$1,058,890 |
94 |
If you are planning to buy or sell a home in 2008, or if you want to learn more about Orange County real estate, please contact us at 949-285-3739 or visit GuideToLocalRealEstate.com. To begin searching for Orange County homes, please use our complimentary MLS search.
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Date: 2008-02-28 10:04:42