Aliso Viejo Homes Turn Quickly, But at Discounted Prices

Aliso Viejo luxury homes in the first quarter of 2010 saw a remarkable decrease in the time on market compared to the first quarter of 2009. During that same period, price per square foot has increase nearly 20%, and the average sale price divided by original list price has gone from 85% to 99%. What does this tell us?
from: http://ezinearticles.com/?Aliso-Viejo-Homes-Turn-Quickly,-But-at-Discounted-Prices&id=4112080

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