orcutt foreclosures: 2010 Snapshot - Orcutt Foreclosure Market Update - 09/29/10 11:33 PM
Wondering what the market for home and condo foreclosures is like in Orcutt California? Here is your market snap shot answer: There are 295 active and pending homes and condos in the Orcutt zip code of 93455. Of those 295 properties, 41 homes are foreclosures (13.8%) and 113 are short sales (38.3%). So currently, over 50% of the Orcutt market is either a bank owned property or a short sale. Average asking price overall was $337,392, asking prices for foreclosures were significantly lower at $256,678, and for short sales it was $269,678.Looking back six months, there have been 233 sales in … (1 comments)
orcutt foreclosures: Santa Maria - Orcutt CA 2008 Market Update & MLS Search - 01/10/09 08:16 PM
A total of 1230 single family homes (condos, PUDs and manufactured homes excluded) sold in Santa Maria CA and Orcutt CA in 2008. Forty three percent of those home sold in 30 days or less. The average asking price was approximately $300,000, average selling price $292,500, and average size of those homes was 1696 square feet, with an average price per square foot of $172.44. Of the 1230 sales, 157 were short sales, and 789 were REOs (bank owned properties). So, 64% of the closed sales were foreclosures, and 12% were pre-foreclosures (short sales). This market was and continues to be … (0 comments)
orcutt foreclosures: Santa Barbara & San Luis Obispo County Foreclosure Mini-Market Update - 10/15/08 11:20 PM
Are we beginning to turn the corner on foreclosures on the central coast? The number of notices of default ("NODs") filed in both counties marked a sharp decline last month. For example in Santa Barbara county, in the proceeding 8 months of 2008, the number of notices of default averaged about 302 notices per month, and in August the number of NODs filed was 269. However, in September 2008 that number dropped almost 60% to 112. Prior to that month, the lowest number of NODs filed in one month in SB county was 266 in July 2008, so 112 appears to … (1 comments)
orcutt foreclosures: Santa Maria CA & Orcutt CA Bank Owned / Foreclosure Market Update - 06/29/08 12:24 AM
The Santa Maria/Orcutt CA market for foreclosure properties is certainly not unique. However, because of media reports on overall trends in the national real estate market, many who venture into the local home buying market are under the misimpression that there are hundreds of cheap houses sitting out there for the picking. That is not exactly how it is currently working. I might say that about the local condo market -- but not the market for homes. That is not to say that there are not bargains out there. There clearly are. But, the local market for foreclosed properties is extremely … (1 comments)
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Wondering what the market for home and condo foreclosures is like in Orcutt California? Here is your market snap shot answer:
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