Interesting statistics to note from the data illustrated below for the Ventura Real Estate Market Report for the month of April, 2012.
22% of the Active Listings are distressed properties (either short sales or Bank Owned), the amount of distressed properties on the market is decreasing.
75% of the Under Contract Listings are distressed properties, this illustrates demand for these properties, resulting many times in multiple offers.
51% of the Sold Listings are distressed properties.
Days on Market for Active Listings is 153.
Days on Market for Listings under Contract is 159.
Days on Market for Sold Listings is 157.
It is important to point out the shortage of lower priced Ventura properties, creating multiple offers.
Hope you find this Ventura Real Estate Report helpful.
originally published at Ventura County Real Estate Center
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