Short Sales in Brentwood California 94513

Short Sales in Brentwood California 94513

Short Sales in Brentwood California 94513 are becoming the dominate part of the market. There are 91 Short Sale Homes on the Market in Brentwood California 94513 which is almost half of the active market.

Only 24 Short Sale Homes closed escrow in Brentwood California 94513 in November and 27 Short Sale Homes closed escrow in December.

The uptake in December sales seems odd as this is traditionally a slow month, but I have seen similar upswings in other areas. What concerns me is that there are currently 200 Pending Short Sale Homes in Brentwood California 94513. These means that at this rate it could take about 8 months to close that entire pending; assuming they were to all close.

The asking price for Short Sale Homes is lower on an average cost per SF Basis ($126.00) than the average SF cost of all the homes (under $1,000,000.00) on the market ($145.00). This may because it is hard to get an offer on Short Sale homes compared to the rest of the market in Brentwood California 94513.

But the actual Sales Price on Short Sale Homes is about the same on average based on SF too. In November Short Sales in Brentwood California 94513 sold for $138.00 per SF on average while the overall average was $137.00. In December Short Sales Sold for $127.00 per SF and the overall average per SF was $138.00.

As a Buyer or a Seller of a Short Sale Home there are two important things you can do. Make sure your Realtor has his/her SFR Designation (Short Sale and Foreclosure Resource) and request these Free Booklets on Selling and Buying a Short Sale Home.

I am a Realtor with an SFR Designation. If you need assistance with real estate in Brentwood California 94513 or beyond Contact Me Now!