Mountain House Housing Market Statistics February 16, 2010

By
Real Estate Agent with Mountain House Real Estate

Everyone is talking about the housing Market in Mountain House.  Mountain House made the New York Times and the National news, so how is Mountain House doing today.

Here are some great stats.  Call today if you want to know what your home would sell for, if you're behind in your mortgage payments, if you're looking for the best opportunity to buy in Mountain House.  Why wait any longer?

Active  21

Active Short Sales 14

Short Sale Contingent  39

Short Sale Contingent are short sale properties that have an offer that the seller has accepted and the seller and buyer are waitin for the bank to give them answer.

Pending   98

Sold in Last 30 days   28

WOW Look at these numbers

30 days on market SALES price is 101% of asking

45 days on Market SALES price is 100.0% RIGHT AT ASKING - my guess is these are FHA offers

60 days on Market Sales price is 103.99% of Asking

90 days on Market 101% of ASKING

120 days on Market 102% of asking.

What is interesting is that most of these 60+ days are typically short sales.  In a traditional market these "older" listings would typically sell for up to 20% less than asking.

So what does this mean to you a potential seller in Mountain House?  Homes are selling, short sales are selling, it takes a while, however prices are not declining.

For you the potential home buyer for a home in Mountain House CA what do these stats mean to you?  BUY NOW.  Be PATIENT, find your perfect home, and if it's a short sale WAIT FOR IT.

Are you ready to buy or sell a home?  Call me.

 

 

 

 

 

Comments (5)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Great post, Susan. Glad to see that Mountain House is holding firm at this point.

Feb 17, 2010 04:27 PM
Christina ONeal
At Home Real Estate Group - Ripon, CA
Realtor - Ripon California

love the stats...keep them coming :)

Mar 20, 2010 06:09 AM
Susan Goulding
Mountain House Real Estate - Mountain House, CA
Short Sales, Mountain House Homes for Sale

Vickie- thanks - yes Mountain House is definately coming back

Christina - I'm going to keep them coming.

Apr 13, 2010 05:52 PM
Susan Goulding
Mountain House Real Estate - Mountain House, CA
Short Sales, Mountain House Homes for Sale

Vickie- thanks - yes Mountain House is definately coming back

Christina - I'm going to keep them coming.

Apr 13, 2010 05:52 PM
Susan Goulding
Mountain House Real Estate - Mountain House, CA
Short Sales, Mountain House Homes for Sale

Vickie- thanks - yes Mountain House is definately coming back

Christina - I'm going to keep them coming.

Apr 13, 2010 05:52 PM