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West Covina Homes - Increase in Active Listings

By
Real Estate Agent with Brick & Co. Real Estate, Inc.

11/09/10 - West Covina Homes and Market Report.

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Active Home listings in West Covina are on the rise - based on information extracted from the MLS yesterday, there are currently 242 active West Covina Home listings, that's 18 more than last week, with the most significant increases in the price range between $200,000 to $500,000 (see chart below). Active West Covina Condos are down 5, now at 56, bringing the total of active West Covina Residential Real Estate to 298 (compared to 285 last week).

West Covina Homes, Active Listings 11/09/10
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With regards to active Standard listings compared to Short Sales and Bank Owned Properties, there is a minimal increase of active Standard listings this week (41%, compared to 40% last week), active Short Sales are at 46% (compared to 47% last week), and active REOs remain unchanged at 13%.

West Covina Residential Real Estate, Active Listings 11/09/10

Besides the currently active Homes and Condos, there are 35 West Covina Homes and 8 West Covina Condos in Back-Up Offer status, 83 West Covina Homes and 22 West Covina Condos are Pending Sale.

Since November 1, 2010, 15 West Covina Properties have successfully closed Escrow: 6 West Covina Condos (ranging from $175,000 to $281,000) and 9 West Covina Homes (ranging from $280,000 to $598,000). Of the 15 sold properties, 1 was a Short Sale, 7 were REOS, the remaining 7 were Standard Sales.

This concludes our weekly West Covina Homes and Real Estate Market Report. Thank you for visiting!

Interested in West Covina Real Estate? Looking for a great Realtor with in-depth knowledge of the West Covina Real Estate Market? Interested in the value of your West Covina Home? We are here to answer any questions you might have. For more information about West Covina Real Estate and the surrounding cities, please visit our state-of-the-art Greater Whittier Area Real Estate website or contact us directly, we would love to speak with you either via phone or in person.

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Sincerely,
Stephanie & Shirley

Sincerely,
Shirley & Stephanie

Shirley Williams & Stephanie Frymyer
The S & S Real Estate Team
"Your Local Property Pros"
310-308-6107 & 562-355-8120
DRE# 01456658 & DRE# 01390458
Your Local Real Estate Specialists 
Main Street Realtors, DRE 01157065 

Shirley Williams, Realtor® & Real Estate Consultant, SRES®, SFR, CHS; DRE 01456658

Stephanie Frymyer, Realtor® & Real Estate Consultant, ABR®, SRES®, SFR, CHS, Member Worldwide Relocation Council (ERC®); DRE 01390458. Se habla español. Ich spreche deutsch.