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How Hot Is the Aliso Viejo Market? February 2, 2012

February 2, 2012 - - - - - According to Steven Thomas, Aliso Viejo Market Time dropped 35% in just 2 weeks. That is incredible! Aliso Viejo Market Time is only 1.55 Months. In other words, well over half of everything that is listed in Aliso Viejo is going into escrow in 30 days or less! Something's happening out there.......
Demand for Aliso Viejo Homes shot up 33% during the same time to 112 new escrows opened over the last 30 days - a Big Jump over just 2 weeks!
Inventory in Aliso Viejo dropped another 13% to only 174 residences for Sale without an accepted offer.
A Market Time of only 1.55 months is a Hot Market, and in the Sellers' favor.
Posted Monday Feb 06