Bank Owned Homes Oakley California 94561

By
Real Estate Broker/Owner with Home Point Real Estate DRE # 01492725

Bank Owned Homes Oakley California 94561

Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!)

This report looks at market trends of Single Family Bank Owned Homes in Oakley California 94561 - by looking at the current market and comparing it with sales of Bank Owned Homes in November and October.

Right now there are 45 Bank Owned Homes in Oakley California 94561 on the market with an average asking price of $224,281.00 and a median asking price of $229,900.00. The average asking price per SF is $114.00 and they have been on the market an average of 35 days.

In November 26 Bank Owned Homes in Oakley California 94561 sold for an average of $189,497.00 and a median selling price of $184,794.00. They sold for an average of $104.00 per SF and were on the market for an average of 35 days.

In October there were a total of 24 Bank Owned Homes in Oakley California 94561 sold for an average of $202,649.00 and a median selling price of $187,000.00. They sold for an average of $108.00 per SF and were on the market for an average of 29 days.

Prices are down on Bank Owned Homes in Oakley California 94561, but demand is brisk with less than a 2 month supply of Bank Owned Homes in Oakley California 94561. A 4 to 7 month supply of homes is considered a balanced market, this is still a sellers market.

We would like to help you with your Bank Owned Home in Oakley California 94561 (or beyond) purchase. Please get our Free Report on Bank Owned Homes and let us know what we can do to help you.

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