Real estate news released by DataQuick on December 16, 2008, reflected a 34.4% decrease of the average single family home sales price in Orange County.
With the interest in Crystal Cove Real Estate market trends, learning how Crystal Cove realty compares for the same time period, November 2007 to November 2008, is important for buyers and sellers of real estate.
Take a look at the charts below for Crystal Cove real estate. All of the charts reflect activity for single family detached homes in Crystal Cove, CA.
The first chart shows a Median Sold Price decrease of 100%. The reason for the sharp drop is due to the fact that zero homes were sold in the Month of November 2008.
The chart below shows the number of homes for sale has increased by 119%.
The chart below shows the supply of single family detached homes for sale has increased by 119%. The demand has decreased by 50%.
The next chart indicates the number of New Properties listed by month is up 50%.
And finally, the last chart shows the number of under contract properties is down by 100%. The reason for the sharp drop is due to the fact that zero homes went into contract in the Month of November 2008.
I have more charts available. Would you like to see more? All of them?
Armed with the information contained in these charts, what is your opinion of today's Crystal Cove real estate market?
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