Are there still short sales in Beaumont, California?

By
Real Estate Broker/Owner with Garrigus Real Estate CalBRE# 01844442/01844441

Are there still short sales in Beaumont, California?

Of course there are! In fact, we've actually seen a resurgence of the short sale transactions in Beaumont CA. Home prices are still struggling to exceed the home values we saw before the major housing crash, and now with the economic outlooks of the middle class not just lingering near all-time lows, but sinking even farther.

But don't just take my word for it; check out these numbers I pulled from our local MLS that serves Beaumont, California and Southern California area.

I simply extracted the number of standard listings compared to short sale listings for each month, starting in January 2014:

Month Standard Sales Short Sales
January 2014 50 16
February 2014 44 11
March 2014 70 16
April 2014 77 15
May 2014 115 17
June 2014 131 25
July 2014 199 32
August 2014 (so far) 93 12

 

If you project the rest of August, Beaumont will have at least another 15-17 short sales hit the market. That's a total of 30+ short sales for Beaumont California alone! If I were a statistics man, I would say we have been on an upward trend for Beaumont short sales since June, 2014!

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Do you need to Short Sell Your Beaumont House?

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Posted by

Todd & Devona Garrigus

Broker / REALTORS®

951.490.3698 | Direct for Todd
951.490.3683 | Direct for Devona

www.GarrigusRealEstate.com
CalBRE# 01844442/01844441

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