There are less short sales & REOs on the market today compared with a week ago, (when there were 16).
The number of short-sales in "backup offers" status is now 26.
Of the 50 active Woodbridge listings, 10 are short sales & 2 are REOs.
The list-prices range from $320,000 for a 1,000 square foot, 2-bedroom short-sale condo, to $1,399,000 for a 3,400 square foot lake-view 4-bedroom SFR.
26 Woodbridge homes sold in October, and these prices ranged from $281,000 for a 917 square foot 2 bedroom, 2 bath condo, to $1,130,000 for a 3,495 square foot 5 bedroom, 4 bath SFR.
Of the sold homes, less than 20% had special conditions, (1 was a short sale, 4 were REO's). The others were all standard sales.
Let's see how many short sales close in November.....
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