The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Walnut Creek, CA as of January 16th 2012. As you can see the ratios for both single family as well as attached homes are over 50%. Those same ratios for the segment of homes for sale are much lower. This represents the additional time required to get short sales all the way through close of escrow. Every short sale is different and some take much longer than others.
Please keep in mind that this only reflects the market on the specific day quoted. Walnut Creek Short Sales can take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range.
Additional Short Sale Information for Walnut Creek Homeowners
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