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Brentwood California Short Sales

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

Brentwood California Short Sales

This report looks at Short Sales in Brentwood California by looking at the Active, Pending, and recent Short Sales of Single Family Homes in Brentwood California.

Right now there are 74 Short Sale Homes on the market in Brentwood California with an average price of $318,513.00 and a median price of $325,000.00. These homes are priced at an average of $127.00 per SF and have been on the market for an average of 44 days.

There are 236 Pending Short Sales with an average price of $304,791.00 and a median price of $299,000.00. This is an average price of $129.00 per SF and these homes have been on the market 28 days on average.

In June 37 Short Sale Homes Sold in Brentwood California with an average price of $311,467.00 and a median price of $288,000.00. The average price per SF was $121.00 and the homes spent an average of 30 days on the market.

This compares to May with 30 Short Sale Homes sold for an average price per SF of $328,144.00 and a median price of $322,500.00. These homes sold for an average of $136.00 per SF and spent an average of 31 days on the market.

Short Sales are the dominate part of the market. New Federal Guidelines are supposed to speed the Short Sale process, however, at the current rate of closings it would take over 7 months to clear the current pending inventory of Short Sales.

If you need to sell a Short Sale home click here to get the Free Book on 19 Things You Need to Know to Short Sale Your Home or if you are looking to buy a Short Sale get the Free Book on 15 Things you need to Know about Buying a Short Sale Home.

I have an SFR Designation form the National Association of REALTORS® which is a Short Sale and Foreclosure Resource Certification. I would like to help you with your Short Sale Transactions.

Olympus Executive Realty Inc.
Olympus Executive Realty INC. - Orlando, FL
Home Of The Top Producers

Thank you for the update in your area

Wishing you the best on future sales!

Jul 23, 2010 04:14 PM
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

Gene, I just realized which Brentwood you live in and one of my best friends lives in Brentwood!  She and her husband work for the school district, she is a vice principal and he is the principal/director of one of the high schools, I think it is Independence.  They are very involved in the community and love it!  ~ Susan

Jul 23, 2010 06:44 PM