The following numbers represent the real estate market activity for Walnut Creek, CA for the week ending May 16th 2010.
There are currently 125 single family homes in "pending sale" status. The high price is $1,599,000 and the low price is $299,888. There are currently 97 condos/townhomes in "sale pending" status. The high price is $599,000 and the low price is $89,000.
Wow your pendings are high! Are you having the same problems with us as far as short sales and non-closings go?
Yes Renee they are. As each week goes by and I post the stats you see a trickle of "solds" compared to the pendings. Short Sales are a significant portion and the current mortgage market, HVCC etc. provide the rest of the problems. Our markets are very similar depending on which part of the Bay Area we are dealing with. ~ Doug
Howdy and afternoon to ya Doug
Mighty fine blog post to help folks know what is go-en with the home sales in your area. With some of the new red tape, that I've been readen about, that is go-en be go-en into affect soon. Just wonder how must longer it will cause homes to stay on the pending list.
Thanks Dale. I always enjoy your posts about the happenings in your local area. ~ Doug
Comments(5)