Aliso Viejo Real Estate News and Information

Currently there are 94 detached home currently list for sale.  Of these, 35 are pre-foreclosure Short Sales and 1 is a bank owned REO.  That is a total of  38% of the total inventory is a property in financial distress.  The Median price for the Short Sale and Bank Owned REO listings is $559,000.  The Median price for the none Short Sale/Bank Owned REO detached home listings is $745,900. 

In the past 90 days, there were 55 detached homes that sold and closed that were not Short Sale/Bank Owned, and the Median price of these 55 homes was $565,000.  In this same period of time, there were 32 detached homes that sold and closed, which represents 37% of the total sold.  The Median price of these 32 detached homes was $529,400. 

Today, there are 134 Condos listed for sale in Aliso Viejo, CA.  Of these, 67 of the active listings are Short Sales (50%), and 12 are Bank Owned REO condos (9%).   The Median priced Condo for the 79 Short Sales/Bank Owned condos is $309,400, and the median price for the none short Sales/Bank Owned condos is  $394,900.

In the past 90 days, there were a total of  70 Condos that sold and closed escrow that were not Short Sales/Bank REO's.  The median price of these 70 condos was $375,000.  In addition, there we 75 condos that sold and closed in Aliso Viejo that were Short Sales or Bank Owned REO's.  The median price for these 75 condos was $295,000.  Of these 75 sold condos,  38 were Short Sales and  37 were Bank Owned REO's.

If you would like more information on homes or condos for sale in Aliso Viejo, feel free to visit our website at:  Search OC Homes for Sale.  If you would like an email list of all Short Sales or Bank Owned REO homes for sale, visit:  www.OCBargainHomes.com

 

 

Currently, there are 293 homes and condos Active for Sale in Aliso Viejo, CA.   170 of which are Attached Condos and the other 123 are Detached Single Family Homes.  Of these 293 properties, 116 of these are Short Sale homes or condos listed for sale, which represents 39% of the Inventory.  In addition, there are 16 homes and condos listed for sale which are Bank owned REO properties in Aliso Viejo, which represents 5.5% of total inventory.

Today, there are 110 properties in Pending in Escrow in Aliso Viejo, CA.  Of these properties, 37 are Short Sale listings under contract which represents 33% of the properties in Escrow.  15 of these escrows are Bank Owned Foreclosures which represent 13.6% of the properties currently in escrow in Aliso Viejo.

For the month of April, there were 56 properties that sold and closed escrow in Aliso Viejo, CA.  7 of these closed properties were Short Sales which represent 12% of all closings for last month.  14 of the homes and condos that sold and closed in April where Bank Owned foreclosure homes, which represent 25% of all closings for last month.

If you are interested in receiving a VIP list of all Bank Owned Foreclosures, and Short Sale properties listed for sale, please visit our website at:  OCBargainHomes.com.  If you have any questions about Bank Owned REO or short Sale Properties, please feel free to call us at: 949-388-3396.

Real estate prices in Orange County have pulled back substantially in the past 18 months.  In the City of Aliso Viejo, CA. the price per square foot in the 3rd Quarter of 2006' was $408/SqFt, and the price per square foot for detached homes now stands at $336/SqFt.  This represents a drop in values of 17.5%.  This severe pull back in prices is the result of a much needed correction to the unprecedented run-up in prices from 1997 to 2006', coupled with a high rate of foreclosures caused by the easy money lending standards of the past 5 years.

This major drop in home prices, has made for a good time for prospective home buyers.  Today's prices represent what homes were selling for in mid 2004', and interest rates are still at all time lows.  Plus, congress is about to pass temporary loan limit increases for FHA loans, which will enable many first time home buyers to purchase a home in Aliso Viejo.

Currently there are 27 detached homes that are listed for sale that are priced less then $550,000.  These homes range in price from $449,000 for a 3 bedroom, 2 bath, 1,300  square foot detached home on Soho Court in the Hamptons tract.   Up to the $550,000 mark for a 3 bedroom, 3 bath, 1,722 square foot home on Wellington Place in the Canterbury tract. 

Address	Bdrms	Baths	Garages	SqFt	Yr Built	Price	Days on Market
3 Soho Ct 38	3	2	2	1,300	1996	$449,900	128
89 Colony Way	2	3	2 A	1,455	1993	$459,900	0
7 Greenwich Ct	3	3	2 A	1,286	1997	$474,876	118
7 Greenborrow Ct	3	2	2 A	1,367	1997	$475,000	118
33 Colony Way	3	2	2	1,455	1995	$479,000	108
4 Maison	3	3	2	1,334	1998	$489,000	36
7 Ryley Ct 18	3	3	2 A	1,300	1996	$489,900	33
29 Santa Clara St	3	3	2	1,493	1989	$495,000	0
4 Estero Pointe	4	3	2 A	1,400	1998	$500,000	23
10 Beaumont	2	2	2	1,102	1998	$500,000	23
37 Rue Du Chateau	3	3	2	1,378	1999	$519,000	15
32 Santa Clara St	3	3	2	1,301	1990	$519,000	12
1 Sherrelwood Ct	4	3	2 A	1,550	1996	$519,000	2
18 Cape Coral	3	3	2 A	1,400	1995	$599,876	49
2 Beaumont	3	2.5	2 A	1,344	1997	$529,800	182
110 Las Flores	3	3	2	1,400	1997	$535,000	6
6 Dominguez St	3	2.5	2 A	1,500	1989	$539,900	63
10 Las Flores	2	3	2	1,363	1997	$539,999	275
11 Via Carisma	3	3	2 A	1,600	2000	$540,000	239
55 COLONY Way	3	2	2 A	1,500	1995	$549,000	170
197 Woodcrest Ln	4	3	2	1,800	1997	$549,000	23
24 Rue Du Chateau	3	3	2 A	1,234	2000	$549,900	76
53 Picket Ln	3	3	2 A	1,500	1999	$549,900	0
17 Wellington Pl.	3	3	2 A	1,722	1999	$549,999	101
190 Las Flores	2	3	2	1,200	1996	$550,000	28
5 Santa Clara St	3	2.5	2 A	1,301	1993	$559,000	49

If you would like to view all condos and homes for sale in Aliso Viejo, feel free to visit our website at:  Aliso Viejo Real Estate.   For a proprietary list of bank owned homes or pre-foreclosure homes for sale, visit our www.OCBargainHomes.com website. 

Even though Aliso Viejo is one of the safest cities in America, Home and Condo subdivisions which are gated provide an additional sense of security plus add a bit of prestige to the tract.  There are two basic types of gated subdivisions, which are automated gated entrances with a security code, and gate guarded subdivisions.  

Below is a tabulation of all of the detached single family home tracts and the attached Condo tracts that incorporate a gated entrance:

Tract Name	Type of Home	Builder
Canterbury	Detached Homes	Hearthside Homes
Eagle Pointe	Detached Homes	Brock Homes
Flores Los Alisos	Detached Homes	Kathryn Thompson
Kensington	Detached Homes	Richmond American
Milano	Condos	Hearthside Homes
Montelena	Condos	LDM Development
Oakview - Westridge	Detached Homes	Shea Homes
Provence D'Aliso	Condos	William Lyon
The Pointe	Detached Homes	Paragon Homes
San Simeon	Detached Homes	Western Pacific Housing
Silver Oaks - Westridge	Detached Homes	Shea Homes
Talavera	Detached Homes	Hearthside Homes
Victoria	Detached Homes	Del Webb
Vista De Oro	Detached Homes	Kathryn Thompson
Windflower	Condos	William Lyon
Windsong	Condos	Pacific Gateway

These fine subdivisions are located in all prices ranges throughout Aliso Viejo, CA., offering numerous floor plan and housing options. Aliso Viejo real estate is known for the newer stock of homes situated in the rolling hills, clean air, very low crime rate, excellent public schools and close proximity to the south Orange County beaches.

To view all gated homes or condos for sale, please visit our OC Just Listed home finder service and add a note that you are looking for just gated home or condo subdivisions in Aliso Viejo.  Or feel free to call us anytime at:  949-388-3396

As I'm sure you have heard by now, the real estate market here in south Orange County has slowed down considerably in the past 16 months.  The volume of home sales has decreased substantially from 2 years ago, and the inventory is up.  This has resulted in a drop of home prices of around 10% since the peak in pricing in May of 2006', with prices  holding steady in the past 2 months.

For the city of Aliso Viejo, CA. there are currently 176 detached homes listed for sale.  These homes range in price from $527,000 for a 2 bedroom, 2.5 bath detached home on Andaluz in the San Simeon tract.  The highest priced home active for sale is $1,699,900 for a 5 bedroom, 5.5 bath, 4,100 square foot estate on Glittering Sky in the Canyon View Estates community, boasting of panoramic views.  The median price of these homes for sale is $699,900 and the average price is $807,167.  The average price per square foot is $394/sf and the average days on market is 66 days.

For detached SFR homes under contract, there are currently 37 homes pending in escrow.  These homes range in price from $499,999 for a 2 bedroom, 2.5 bath home on Woodcrest Ln in the Vista Terraza tract, on up to $1,649,990 for a 5 bedroom, 4 bath, 3,605 square foot estate on Roundtree Ct in the Silver Oaks tract with a panoramic view and swimming pool.  The median priced home currently in escrow is $669,500 and is typically a 3 or 4 bedroom, 2.5 bath home with around 1,700 square feet of living area.

In the past 90 days, there have been 60 homes that have sold and closed escrow in Aliso Viejo.  These homes range in price from a low of $513,000 for a 2 bedroom, plus loft, 2.5 bath home on Woodcrest in the Vista Plaza tract, up to $1,660,000 for a 5 bedroom, 4.5 bath, 3,950 square foot estate on Remington in the Silver Oaks subdivision.  The median price home is $669,900 and the average sold price in the past 3 months was $765,860.   The average price per square foot was $386 and the average days on market was 53 days.
For comparison purposes, during this same three month period one year ago (2006'), there were 97 detached homes that sold and closed escrow in Aliso Viejo.  The median price was $710,000 and the average price sold back then was $751,455.   The average price per square foot was $406.  The median and average price per square foot has dropped about 5% year to date in Aliso Viejo. 

To view all homes currently listed for sale in Aliso Viejo, please visit our website at:  Aliso Viejo Real Estate.  If you have any questions, or if would like to see the inside of any home listed for sale in Aliso Viejo, please feel free to contact us at:  949-388-3396 or send us an email at:  Info@SearchOCHomes.com

Let's hear a round of applause for the Applause townhomes in Aliso Viejo... (pardon the cheesy pun).  The Applause tract is located by the intersection of Aliso Creek Rd. and Pacific Park Dr. and just a block away from the Aliso Viejo Town Center, an enormous dining, shopping and entertainment complex. With access to the community pool and spa, and just minutes from the toll road and beaches, Applause is a great place to call home.  These beautiful Townhomes were built by Epac Builders in the early 1990’s, and are kept in remarkable shape. Built with a variety of styles and models, the spacious Applause condominiums are sure to have something to fit everyones' needs. The 3 different floor plans are as follows:

• Plan A - Chorus Line – 2 bedrooms 2.5 baths, 1,327 sqft.
• Plan B - Swan Lake – 3 bedrooms 2.5 baths, 1,636 sqft.
• Plan C - Elton John- 2 bedrooms 2 baths, 1,563 sqft.

Each home includes a fireplace, 2 Car garage and balcony. The homeowners association dues are approximately $270 per month and includes association swimming pool, trash service, exterior maintenance and landscape maintenance.

There are currently 5 townhomes for sale in Applause, ranging in price fro $519,900 for the 3 bedroom, 2 bath, 1,563 square foot floor plan, up to $585,500 for the largest 3 bedroom, 2.5 bath, 1,636 square foot plan.  In the past 90 days, there have been 3 Condos that have sold in Applause ranging in price from $450,000 for a 2 bedroom, 2.5 bath, 1,327 square foot model, up to $505,000 for the 3 bedroom, 2 bath, 1,563 square foot plan.  Our featured model for sale, is at 3 Theatre Lane, which is a spacious and very private 3 bedroom, 2.5 bath, 2 car garage model with 1,636 square feet of living area, for an asking price of $578,000.  This is my listing and due to personal reasons, the seller is very motivated to sell.

The design of the community was inspired by the musical industry and the streets were named accordingly as follows: Applause Ave., Bravo Ln., Encore Ln., Front Row, Matinee Court, Music Ln., Opera Ln., Orchestra Ln., Ovation Ln., Overture Ln., and Theater Ln.

Applause townhomes are located within the award winning Capistrano Unified School District. The grade schools classes are conducted at Foxborough Elementary School, the intermediate school is Don Juan Avila Middle School, and upper grades are conducted at Aliso Niguel High School. 

To view all Condominiums for sale in Aliso Viejo, please visit our website at:  Aliso Viejo Condos.  If you would like to see the inside of any of these homes for sale, please feel free to contact us at:  949-388-3396 or by email at:  Info@SearchOCHomes.com

Canyon Point Condos in Aliso Viejo combines resort style luxury with a great location at affordable prices. Canyon Point is located by the intersection of Pacific Park and Wood Canyon Drive. This fine community is close to world-class shopping pristine state parks and great educational institutions. Aliso Viejo is an ideal environment to raise a family in for it offers excellent public school system and has some of the lowest crime rates in America.

 Canyon Point condos consists of  5 distinct 1 and 2 bedroom floor plans as follows:

• The Point – 1 bedroom, 1 bath, 845 SqFt.
• The Vista -  1 bedroom, 1 bath, 845 SqFt.
• The Estrella - 1 bedroom plus Den, 1 bath, 1,059 SqFt.
• The Cielo - 2 bedroom, 2 bath, 1,158 SqFt.
• The Canyon - 2 bedroom, 2 bath, 1,235 SqFt.

As of the date of this article, the 1 bedroom floor plans are selling in the range of $315,000 to $380,000 and the 2 bedroom models are selling in the range of $415,000 to $470,000.

For the entire Article, Click Here ==>    more »

Canyon Villas is a new Condominium community in Aliso Viejo, CA. developed by the Ares Regis Group based in Irvine, CA.  This fine community consists of 344 - 1 and 2 bedroom condominiums. Each unit includes a 1 car garage, nine foot high and vaulted ceilings, interior laundry area, wood burning fireplaces, spacious walk-in closets, and most floor plans have a large private balcony or patio.  Listed below are the 6 distinct Canyon Villas floor plans: 

• Plan A  1 Bedroom, 1 Bath, 543 SqFt
• Plan B  1 Bedroom, 1 Bath, 759 SqFt
• Plan C  2 Bedroom2, 2 Bath2, 947 SqFt
• Plan D  2 Bedrooms, 2 Baths, 1.100 SqFt
• Plan D2  2 Bedrooms, 2 Baths, 1.127 SqFt
• Plan E  2 Bedrooms, 2 Baths, 1.089 SqFt

Canyon Villas were originally built in 1992 as condominiums, but were leased out instead of being sold, back in the early 1990's.  The builder recently renovated the community and placed these Condominium units on the market for sale.  Some of the renovations include; new paint, new carpets, new cabinets, new granite counter tops, new appliances including Microwave, Washer and Dryer. 

The association includes a sparkling pool, spa and landscape and interior maintenance along with basic property insurance.  The association dues are $220 per month (at the time of the writing) and the Mello-Roos is average for the area.

Canyon Villas is conveniently located close to the intersections of Pacific Park and Aliso Creek in the heart of Aliso Viejo, California.  Aliso Viejo has a population of approximately 45,000 people and development began in this city in the late 1980's and early 1990's.  Aliso Viejo incorporates the 3,400 Acre Wood Canyon Regional Park with hiking and biking trails, Aliso viejo Town Center with 20 theater Ciniplex, restaurants, shopping and more.  Also close by is a challenging 27 hole golf course, Soka University, award winning public schools, picturesque beaches and much more.

To view the inside of the Condos at Canyon Villas, please contact us at:  949-388-3396 or email us at:  Info@SearchOCHomes.com   To view all Condominiums and Townhomes listed for sale in Aliso Viejo, visit:  Aliso Viejo Condos for Sale

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Now is a good time to be looking for a bargain home to buy in Aliso Viejo, CA.  Interest rates at historic lows... current real estates prices have dropped about 8% from a year ago... and this is the slowest season of the year to try to sell a home.  A home shopper can find good bargain if one knows where and how to look.  One of the better opportunities for finding a great value for a home is searching for Foreclosures, Bank owned REO's or Short Sales.   

A Short Sale is a home listed for sale by the current home owner, but the home is now priced at a point where the homeowner no longer has any equity.  The eventual sales price is then basically negotiated with the Bank, for the homeowner will not receive a dime when it sells, but is simpling selling it to avoid Foreclosure.  An astute Buyer can sometimes pick up a bargain this way if one knows how to negotiate with the Bank.

A Foreclosure is a home for sale by the current homeowner in which the Bank or Savings and Loan has filed Foreclosure Proceedings against the homeowner.  The homeowner only has a total of 3 months plus 3 weeks in order to get the home sold, or else the home gets repossessed by the Bank.  Homeowners in this situation are obviously very motivated to sell, and some of these homes are Short Sales as well. 

A Bank REO (Real Estate Owned) is a home that is listed for sale by the Bank and is owned by the Bank as a result of a Foreclosure Proceeding described above.  Again, this a very good buying opportunity for the Bank is very motivated to sell.  Banks do not want to own homes, they want to loan money, and the Bank is at risk of vandalism due to the vacant home, plus they are losing money each month that the home sits vacant and unsold.

Unless you have experience in purchasing homes under financial distress, it is a good idea to work with a licensed real estate agent who has experience in such acquisitions.  If you would like more information or assistance in purchasing Foreclosures, Bank REO's or Short Sale properties in Aliso Viejo or elsewhere in Orange County, please fell free to contact us at:  949-388-3396.  If you would like to freely view all homes for sale in south Orange County visit our new web-page at:  Quick View of all Orange County CA Homes for Sale  If you would like to be added to our Bargain Home Finder Service, please visit:  www.OCBargainHomes.com

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: Real Estate, Aliso Viejo, Condos

The community of Heather Ridge is centrally located in very desirable and newer city of Aliso Viejo. This affordable condo development consists of 390 condominium units and is located at the corner of Pacific Park and Alicia Parkway. It is close to numerous shopping, dining and entertainment opportunities and is also close to the popular Aliso Viejo Town Center , Aliso Viejo Library and many parks. Heather Ridge was developed by the prolific builder the Mission Viejo Company. Construction began in 1980 and the last units were completed in 1985. This tract comprises of 4 unique floor plans listed as follows:    more »

Currently there are 159 detached homes that are Active for sale in desirable Aliso Viejo.  The median price of these homes are $749,900, and the average price is $827,039 with and average days on market of 43 days and the average of $422 per square foot.  The lowest price detached home is a 2 bedroom, 2.5 bath 1,318 Square Foot home for $569,900. The highest priced detached home is a 5 bedroom, 4.5 bath 3,950 square foot estate for $1,925,000.

Today, there are 40 homes currently In Escrow under contract.  The Median price of these 40 homes is $735,000, and the average home price is $830,250.  The average days on market is 50 days, and the average price per square foot is $420.

In the past 30 days, there have been 28 detached homes that have sold and closed escrow in Aliso Viejo.  The least expensive home sold was $549,900 for a 2 bedroom, 2.5 bath home with 1,200 square feet, and the most expensive was a 4 bedroom, 2.5 bath, 2,620 square foot home for $1,050,000.   The Median priced home was $740,000, and the average price of homes sold was $774,353.  The average days on  market was 54 days and the average price per square foot was $413.

For attached Condos in Aliso Viejo, there are currently 147 condominiums for sale, ranging in price from $309,900 for a 1 bedroom, 1 bath, 650 square foot condo, up to a  4 bedroom, 3 bath, 2,200 square foot condominium for $729,900.  The median Condo price is $525,000 and the average condominium price is $523,647.  The average days on market for Active homes is 37 days and the average price per square foot is $403.

There are currently 73 condos In Escrow under contract with a Median price of $499,000.   The average price condo is $510,000, and the average days on market is 57 days. 

For the past 30 days, there were 58 condominiums that sold and closed escrow. The Median priced condo sold was $475,000, and the average price sold was $502,510.  The average days on market was 62 days, and the average price per square foot was $409.

 If you would like to view all houses for sale in Aliso Viejo, visit our website at:  Aliso Viejo Real Estate