The following chart represents the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Walnut Creek, CA as of February 26th 2012. The percentage of pending short sales dropped dramatically from the January Report. The difference in the ratio of pending and active status is the additional time required to get short sales all the way through close of escrow. Every short sale is different and some take much longer than others.

Walnut Creek Real Estate - Short Sales

Please keep in mind that this only reflects the market on the specific day quoted.  Walnut Creek Short Sales can take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range. 

Additional Short Sale Information for Walnut Creek Homeowners

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Any statistics were compiled from Public Records and other industry sources and are deemed reliable but not guaranteed. Any square footage quoted is approximate and requires buyer verification. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, family status or national origin.

 

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5 Comments on Walnut Creek Short Sales Snapshot as of February 26th 2012

FEB
26
2012
1,023,886 Points 15 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Doug those are some interesting numbers.  The short sales are starting to dominate the market more and more.

9:52pm • #1
FEB
27
2012
619,857 Points 10 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I didn't realize Walnut Creek has as many short sales as it does. Thanks for the info.

7:59am • #2
372,260 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

They are going to be around for a while but there are lots of homes currently listed which are not short sales.

10:22am • #3
FEB
28
2012
402,734 Points 8 Featured Posts Outside Blog Called Shot Master

Doug - Anyone interested in Walnut Creek short sales will find your report very helpful.  It's packed with great information.  Nicely done!

9:08pm • #4
FEB
29
2012


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