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Loomis, CA - Residential Lots & Land Sales (3rd Quarter 2011)

By
Real Estate Broker/Owner with Souza Realty 916.408.5500 California DRE #01262541

Loomis Lots & Land

Loomis, CA - Residential Lots & Land Sales (3rd Quarter 2011)

In the 3rd quarter of 2011, there were 5 closed sales of residential lots & land in Loomis, California:

  1. 3665 North Lakeshore Boulevard, Loomis, CA 95650 (0.441 acres) SOLD for $115,000 on 8/1/11 - 72 DOM
  2. 6017 Morgan Place, Loomis, CA 95650 (3 acres) SOLD for $195,000 on 8/29/11 - 144 DOM
  3. Peach Drive, Loomis, CA 95650 (2.6 acres) SOLD for $155,000 on 9/9/11 - 170 DOM
  4. Lot 75 High Cliff Road, Loomis, CA 95650 (2.9 acres) SOLD for $195,000 on 9/12/11 - 180 DOM **
  5. 8490 Cedarhill Court, Loomis, CA 95650 (2.4 acres) SOLD for $99,000 on 9/15/11 - 48 DOM **

60% of Loomis lots & land sales in the 3rd quarter of 2011 were traditional sales.
0%
 of Loomis lots & land sales in the 3rd quarter of 2011 were bank owned. *
40% of Loomis lots & land sales in the 3rd quarter of 2011 were short sales. **

Currently, there are 2 pending sales1 active short sale and 47 active listings of residential lots & land in Loomis, California. Prices range from $74,000 to $900,000 and lot sizes vary between 0.224 acre and 20.1 acres.

If you are interested in buying or selling residential lot or agricultural land in Loomis, please contact Bob Souza at 925-513-3400 or Leilani Souza at 916-408-5500.

We are experienced in the home building process and we offer advice and guidance to our clients in all aspects of land development, from lot selection to floorplan review and interior finishes.

For a list of vacant land properties that are in the foreclosure process, coming up for auction or bank owned, we invite you to search our foreclosure database for lots and land listings in Loomis, CA:

SEARCH FOR LOTS & LAND IN LOOMIS, CALIFORNIA

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BOB & LEILANI SOUZA

Souza Realty, Bob & Leilani Souza - Real Estate Investment Specialists in Southwest Placer County, CA

Bob Souza - 925.513.3400 - bob@souzarealty.com

Leilani Souza - 916.408.5500 - leilani@souzarealty.com

Souza Realty - Real Estate in Roseville, Rocklin, Lincoln, Loomis and Granite Bay, CA

HOMES : CONDOS : LOTS & LAND : INVESTMENTS : RENTALS

Roseville : Rocklin : Granite Bay : Loomis
Penryn : Newcastle : Lincoln : Auburn
 

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Comments(5)

Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

This looks like a great buy. Best wishes for a quick sale!

Nov 06, 2011 03:59 PM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

These numbers for land sales are similar to ours here in the Greater New Orleans area. I am finding cash buyer for lots when I find someone who is interested in land. 

Nov 06, 2011 04:17 PM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

It looks like your market is still under a lot of pricing pressure from distressed sales.  Hopefully, you'll work through that inventory quickly.

Nov 06, 2011 04:24 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Frank, it's mostly cash buyers for lots around here although some are seller-financed. Land loans are pretty much a thing of the past. Thanks for stopping by! :)

Leilani

Nov 13, 2011 04:53 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Laura, Loomis is lucky to not have the high amount of distressed properties for sale like the neighboring cities of Roseville, Rocklin and Lincoln. The amount of properties being held in shadow inventory is a different story, though. Thanks for stopping by! :)

Leilani

Nov 13, 2011 04:58 PM