2012 Orcutt CA End of Year Real Estate Market Update
Wow! Quite an increase in the number of homes sold in Orcutt this year compared to last, an increase of 97 homes, or 21%. Average list prices went up 2.7% and average sales price edged up a comparable 3.5%. Sales price to list price comparison reveals properties selling for 98% of their list price on average. Days on market shrank from 103 to 80, a reduction of 22.3% Foreclosures decreased just slightly (6.5%) and short sales increased 33.8%. Clearly homeowners have heard the short sale vs. foreclosure is the preferable route in many cases.
If you are considering selling your Orcutt 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 Orcutt CA, I will be happy to assist you and provide a list of available homes in Orcutt 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) service areas include Santa Maria, Orcutt, Nipomo, and Arroyo Grande on the Central Coast of California.
* Stick built SFRs & PUDs. Zip code 93455. Based on the information from the Central Coast Regional 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 © 2013 Tni LeBlanc *2012 Orcutt CA End of Year Real Estate Market Update*
