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Realtor®, CRS, e-PRO, G.R.I.
BRE License #00906544
(866) 937-5777Toll Free:
My Service Areas
Serving the Santa Maria Valley and surrounding Central Coast areas
Santa Maria, Orcutt, Nipomo, Lompoc & Arroyo Grande
Published on April 8th, 2012D'Ann Bartley
First and most notably, we have 80 more sales closed between January 1 and March 31 this year that we did last year! 2011: 245. 2012: 325. Like that? So do I!
2011 Closed Sales, 1st quarter
245 total 63 were short sales, or 26% 84 were REOs, or 34% 91 were regular sales, or 37% and 7 were probate or estate sales, or 3% 60% total were “distressed sales”.
2012 Closed Sales, 1st quarter
325 total 92 were short sales, or 28% 117 were REOs, or 36% 111 were regular sales, or 34% and 5 were probate or estate sales, or 2% 64% total were “distressed sales”.
So the answer is yes, we have an increase of 4% in so-called distressed sales, but there are definitely more properties being sold. Could have something to do with incredible interest rates, I suppose, that and pretty darn good prices in the Santa Maria Valley!
Give me a call at (805)937-5777 or send an email if you have real estate questions, I’d love to help!