This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned properties here in Ladera Ranch . This article will report the Condo statistics for Active for Sale and Sold standard listings, as compared to Bank Owned foreclosures. Currently, there are 32 condominiums listed for sale in 32 . The median price for these listed condos is $305,000 and the average price per square foot is $206 . Of this total, 1 are bank owned foreclosure listings. The median price of these short sale units is $374,900 , and the average price per square foot is $210 . The ratio of bank owned condo listings to the total listings is 3% .
For condominiums in escrow, there are now 62 attached units under contract, with a median price of $295,000 . Of this number, 5 are bank owned condos, which calculates to be 8% of the total pending units, and the median price is $272,900 .
For the past 90 days, there have been a total of 51 condo sales with a median price of $310,000 , and an average price per square foot of $194 in Ladera Ranch . Also, there were 7 bank foreclosure condos sold, which was 14% of the total number of units sold in this period. The median price of the sold bank owned condos was $267,000 , and the average price per square foot was $195 .
If you would like more info regarding bank foreclosure properties for sale, click the following link to visit our website at: Ladera Ranch Bank Owned Homes & Condos. If you would like to speak with a real estate professional, or see the inside of any Foreclosure property, feel free to call: (949) 388-3396, or email us at: Info@eVantageRE.com.
Source: http://www.wannanetwork.com/2012/03/15/ladera-ranchbank-foreclosure-condominiums-market-report/
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