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2011 Real Estate Market Update -- Vandenberg Village Home Sales

 

 

Vandenberg Village

2010

2011

Homes Sold

61

83

Average List Price

$320,212

$291,701

Average Sales Price

$314,489

$280,710

Days on Market

81

87

$ per Square Foot

$170

$141

Foreclosures

15

22

Short Sales

10

16


Looking at the sales figures for 2011, 
sales activity in Vandenberg Village increased 36% overall and the average sales price  decreased 10.7%.  Distress sales (short sales and foreclosures) comprised 45.7% of the market overall.  In 2010, distress sales were 30% of the market, so this is a definite increase.  And, days on market edged up slightly from 81 in 2010, to 87 days in 2011.  Overall, the market in Vandenberg Village still appears to be declining with foreclosures and short sales playing a big part in that.  And like many areas on the central coast, until there is a reversal or improvement in the amount of distress sales, that trend is likely to continue.

If you are considering selling your Vandenberg Village CA home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  I specialize in short sales and distress sales.  If you are interested in buying a home in Vandenberg Village CA, I will be happy to assist you and provide a list of available homes in Vandenberg Village CA and the surrounding area.

Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) and Short Sale and Foreclosure Resource Agent (SFR) serving Santa Maria, Orcutt, Lompoc, Nipomo, and Arroyo Grande on the Central Coast of California.

* Single family detached in Vandenberg Village.  Based on the information from the Lompoc Valley MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market.  School district boundaries are subject to change and must be verified with the appropriate authority.  Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advice and is for information purposes only.  Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.

Copyright © 2012 Tni LeBlanc *2011 Real Estate Market Update — Vandenberg Village Home Sales*

Tni LeBlanc, Broker
(805) 878-9879 mobile/text

tni@mintprop.com
www.MintProp.com
CalBRE #01871795

Comment balloon 15 commentsTni LeBlanc, Realtor®, J.D. • February 15 2012 10:48PM
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