Twelve Bridges Real Estate Agent Jesse Coffey-Twelve Bridges Real Estate Trends June 2012. Currently there are only 6 available homes for sale in Twelve Bridges. The number of available homes in Twelve Bridges is down significantly. They are a combination of Lincoln bank owned homes which are also known as Lincoln REO homes and Lincoln short sales. Many are short sales and as a Twelve Bridges short sale agent I have had recent success selling Lincoln short sale homes. As of today 17% of the available inventory in Twelve Bridges are Twelve Bridges short sale homes. The remaining 83% are a combination of Lincoln bank owned homes, traditional sales, and investor flips.
There are currently 19 short sale contingent homes located in Twelve Bridges. Short sale contingent means that the seller has accepted an offer from a potential buyer and their Lincoln short sale agent is now attempting to negotiate the sale of their home with their lender. These sales are contingent on the seller's lender accepting the sales price and approving the sale. A typical Lincoln short sale will take approximately 30-90 to get approval from the seller's lender. The quality of the short sale agent, the willingness of the seller to cooperate, and the strength of the buyer's offer all have an affect on how long the approval will take and the final outcome. If the short sale agent is not competent this will slow the process down. If the seller is unwilling to cooperate this will surely slow down or stop the sale. If the seller accepts a buyer's low ball offer the lender will likely be slow to respond since they will likely want fair market value for the home. It is important to work with an experienced Twelve Bridges short sale agent who has the knowledge necessary to help you through the short sale process.
There are currently 18 pending Twelve Bridges homes. Pending means that the seller and buyer are in escrow and that the sale is scheduled to close. Typically escrows are 30-60 days in length.
Over the past 6 months 70 Twelve Bridges homes have sold. This is up significantly. These Twelve Bridges homes are a combination of bank owned homes and short sales. Many of these sales are Twelve Bridges short sales.
Twelve Bridges Sales Averages:
Square Feet: 2,612
Price Per Sq Ft: $113.13
Average Days On Market: 65
Average Sales Price: $289,118
This is the seventh month in a row that prices have increased in Twelve Bridges. The average days on market has gone down from 100 days in December to 65 in June. Trends are showing that inventory is decreasing and that demand for quality homes is increasing which has resulted in home values increasing.
In addition to Twelve Bridges real estate I am a very knowledgeable Lincoln Crossing real estate agent, Foskett Ranch real estate agent, Sun City Lincoln real estate agent, and Catta Verdera real estate agent. Contact me for all of your Lincoln CA real estate needs.
As a Lincoln CA real estate agent I also assist Lincoln home owners as a Lincoln short sale agent. Please contact me for a confidential short sale consultation if you are considering short selling your Lincoln home. I am an experienced Twelve Bridges short sale agent.
Here are links to my recent Lincoln home sales.
1433 Alder Creek Ct, Lincoln, Ca. 95648
3311 Leiper Loop, Lincoln, Ca. 95648
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