The answer may lie in distressed sales. In Q1 of 2009, just one single (or 12.5%) of those sales was the result of a short sale or foreclosure. Within most recent quarter, distressed sales included 43% (or 3) with the transactions. Aliso Viejo Luxury Homes last year sat available for sale for an average of 6 months and only yielded 85% of embrace asking price range. It would appear that aggressive pricing brought about an increase of distressed sales, folks.improved the market? Effortless than that ?? Price per square foot is up and time on publication rack down, regardless of the complete not enough financing options at this level. The three distressed sales last quarter yielded 103% of asking price, only sat available for sale for 22 days, and sold at $261/sf.
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