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Short Selling a Home in Oakley California

By
Real Estate Broker/Owner with Home Point Real Estate DRE # 01492725

Short Selling a Home in Oakley California

Short Sales can be a difficult way to buy or sell a home. However, there are ways to successfully Buy and Sell Short Sales. I want to look at the Short Sale market in Oakley California then provide you with tools for Short Selling a Home or Buying a Short Sale Home.

This report looks at Short Sales of Single Family Homes in Oakley California. We look at Active, Pending and Sold Short Sale Homes for the last 6 months.

Currently there are 44 Active Short Sale Homes on the Market in Oakley with an Average Price of $255,509.00 and a Median Price of $232,000.00. The Average List Price Per SF is $124.00 and the Average Days on Market is 75.

There are 225 Short Sale Homes Pending with an Average List Price of $221,468.00 and a Median List Price of $209,000.00. The Average Price Per SF for the Pending Homes is $108.00 with an average of 42 Days on the Market.

Between July 1, 2009 and December 31, 2009 93 Short Sale Homes sold in Oakley. The Average Selling Price was $214,463.00 with a Median Price of $206,000. This is an Average Price Per SF of $110.00 and they had an Average Days on Market of 52.

This means that only 15.5 Short Sale Homes per month clear the Short Sale hurdle with the banks. If you are Short Selling a Home or Buying a Short Sale Home you need to understand the procces and have an edge. Click Here to get a Free Report on 19 Things You Need to Know About Selling Your Home Short or here for 15 Facts on Short Sale Purchases.