Tustin Foothills Real Estate Market Conditions & Reports, Tustin Foothills Market Trends, California

Market Commentary Provided by Top Agent
If you can qualify, now is an exceptional time to buy a home in Tustin Foothills. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 949-419-4342

Report Date

Winter 2010

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Nearest Metro Area

Orange County

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

30-60 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$800,000 - View Graph Trend

Best Selling Price Range

$800,000 - $849,000

Worst Selling Price Range

$200,000 - $249,000

Compared to Last Year

Down 10-15%

Prices As % of Asking Price

80-85%

Multiple Offers?

Yes

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Tustin Foothills is

Increasing

Seller Activity for the past 90 days in Tustin Foothills is

Increasing

Is Financing Available For Qualified Buyers in Tustin Foothills?

Yes

Existing Home Prices for the past 90 days are

Increasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

35-40%

Housing Hot Spots

Most cities within the Orange County area are considered 'Housing Hotspots'

Reason to Buy/Sell

Lower prices with good selection and competitive interest rates creates a perfect time to buy in Tustin Foothills!

Average Sold Price

$800,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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