Unless you have been following the numbers of inventory in the Santa Clarita Real Estate community, you might not understand where we are. Am I making sense?
- We still have new inventory coming onto the real estate market
- The inventory is split between human sellers, foreclosures and short sales
- A lot of properties are falling out of escrow and coming back onto the market
- Price reductions are happening hand over fist
Now the following numbers might make better sense. Be Safe and We will talk with you soon:
November 12, 2010 Daily Numbers
New Listings: 20
Out of the New Listings: REO: 4
Short Sale: 6
Active Listings: 1243
Avg. Days on Market: 105
Pending Daily New: 9
Closed Daily New:7
Pending & Backup Offers Total: 803
October Closed to Date: 239
November Closed to Date: 81
YTD Closed Escrows: 2961
Have a wonderful day and weekend!!
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