When looking at a snapshot of the Santa Clarita real estate market statistics as of today, April 23, 2010, we see a few interesting stats that are worth sharing:
- 52% of entire inventory of Santa Clarita homes (those active and in escrow) are short sales
- 10% of entire inventory of Santa Clarita homes (those active and in escrow) are bank owned
- 55% of homes that have closed escrow in Santa Clarita so far in 2010, are distressed sales, such as short sales or bank owned homes.
Also we can tell from these Santa Clarita real estate market stats that the average days on market for a home thats currently in escrow is about 89 days. This number is inflated by short sale homes that are in escrow, as they traditionally take longer to sell due to the lengthy approval process. The average days on market for a bank owned home would be much lower.
Here is a PDF for you to review all of the details market stats for our Santa Clarita Market Stats, enjoy!
Contact us @ The Robert and Brian Team for any of your Santa Clarita real estate needs, 661-964-1760.
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