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How many houses are on the market in the Town of Apple Valley?

By
Real Estate Broker/Owner with Reputable Realty # 01804752

There are currently 295 houses listed on the mls at www.VVAR.com for the Town of Apple Valley.

There are 64 house that are short sales.  We don't have a definitive way to declare on the MLS if there are offers to the bank on a short sale. 

There are 89 bank owned homes.  Many of the bank owned homes have multiple offers and could have verbally accepted offers but haven't had the paperwork completed on it.

There are 142 regular sales of those there are 36 under $90 a sq foot.    There are houses that are wonderful at higher prices,  we are faced with appraisal issues due to the high volume of bank owned sales.  The higher price per square foot homes may not be an option for FHA/VA buyers.

5 of the regular homes are in Jess Ranch and 2 are mobiles.  This brings the total of homes that are not bank owned or a short sales a under 55 buyer with and FHA or VA loan can buy to 29 homes on market. 

What does this mean?  Lack of houses to buy.  This should be a seller's market but we need a new category to choose from, buyer's market, seller's market and bank owned market. 

We are still in a bank owned market with no end in sight.

For more information on buying or selling in the Town of Apple Valley homes, feel free to get a hold of me at KarenSOLDit@yahoo.com or check out my website www.VictorValleyDreamHomes.com