Aliso Viejo CA. Condo Prices – 3rd Quarter 2006′

by Vincent Bindi on October 17, 2006

The real estate market in Aliso Viejo, CA. and elsewhere in southern California has slowed down substantially as compared to 2005′.  This article will examine current Condo prices and we will release similar statistics for detached homes in Aliso Viejo in the near future. 

Currently there are 220 attached condominiums and townhomes for sale in Aliso Viejo.  These condos range in price from $309,000 for a 1 bedroom, 1 bath, 636 square foot Condo in the Seagate Colony tract on Whippoorwill Lane, on up to $759,900 for a 3 bedroom, 2.5 bath, 1,904 square foot condominium with panoramic view in the California Renaissance tract on Donatello street.  The Median priced condo in Aliso Viejo is $484,000 for a 2 bedroom, 2.5 bath, 1,366 square foot unit.  The averaged price of these 220 condos is $497,436 and the average price per square foot is $397/SqFt.  The average days on market is 65 days.

Today, there are 47 condominiums and townhouses sold In Escrow in Aliso Viejo, CA.  These condos range in price from $299,000 asking price for a 1 bedroom, 1 bath, 636 square foot unit in the Seagate Colony tract on Sandpiper Lane.  Up to a maximum of $629,900 for a 3 bedroom, 2.5 bath, 1,569 square foot home with panoramic view in the La Mirage tract on La Mirage Circle.  The median price of these 47 units is $454,900.  

For the 3rd quarter of 2006′ (July, August and September) there were 129 condos sold.  The lowest 1 bedroom, 1 bath, 672 square foot condo located in the Heather Ridge subdivision on Cambria Lane. The highest priced condo is $635,000 for a 3 bedroom, 2.5 bath, 1,806 square foot in the Windwards tract locate on Conch Reef road.  The  median priced condo sold in the 3rd quarter was $480,000 and the average price was $490,961.  The average price per square foot was $356/SqFt and the average days on market was 48.  Compared to the 3rd quarter of last year (2005′), there were 212 condos sold at that time, and the median priced condo back then was $475,000 and the average of those 212 condos was $488,510.  The average days on market in the 3rd quarter of 2005′ was 33 days.

If you would like to view online all Aliso Viejo condos for sale, click here: Aliso Viejo Condos.   

Technorati Tags: , ,