Below is a chart showing the number of houses sold in Phillips Ranch from 2006 to 2009. In February 2009, 4 properties were sold and 15 properties went into escrow in Phillips Ranch.
Below is a list of the 4 properties sold in Phillips Ranch in February 2009.
|
Type
|
Address
|
Bank
REO?
|
Br/Ba
|
Sq
Ft
|
Built
|
Pool
|
View
|
Listing
Price
|
Sold
Price
|
| Cndo | 27 Country Mile Rd |
Yes
|
2/2
|
892
|
1983
|
No
|
No
|
$139,900
|
$130,000
|
| Cndo | 91 Country Mile Rd |
Yes
|
2/2
|
1034
|
1987
|
No
|
No
|
$190,000
|
$185,000
|
| Hs | 20 Viewpoint Circle |
Yes
|
3/3
|
2128
|
1979
|
No
|
No
|
$359,000
|
$370,000
|
| Hs | 51 Meadow View Dr |
No
|
4/2
|
1560
|
1981
|
No
|
Yes
|
$399,900
|
$375,000
|
There were 52 properties for sale and 4 sold last month making February's sold rate equals to 8%.
3 out of 4 properties sold last month were bank owned. Chance of privately owned homes sold is only 2%.
In order to get the house sold, private owners need to either price their house aggressively like the bank owned ones or upgrade and modernized the house completely to make it a 100% turnkey condition to entice buyer to purchase their home.
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