Santa Clarita Stats

I checked our MLS for statistics this morning. Didn't look into every tiny detail. Just the general consensus.

Still hovering around 1150 Active listings. 500, really exactly 500, in Escrow taking back-up offers.....probably a lot of short sales. And just over 400 in Pending to close escrow.

Best news is we got 259 closed in the last 30 days.

Now, I'm going to write a blog about the poor information we sometimes get in the MLS....another day. But for this post, our MLS info is further dissected as follows:

Of the 1150 Active?
457 are Short-Sales
134 are REO's

Of the 500 in Back-Up?
387 are Short-Sales
21 are REO's

413 in Pending?
229 are Short-Sales
83 are REO's

And the 259 closed escrows in the last 30 days?
86 were Short-Sales
45 were REO's

That would make about 1/2 Standard Sales...in most categories.

Hmmmm, don't know about you, your agent and any other buyers or sellers out there, but this certainly doesn't seem like total reality. I'm working with buyers in lots of different price ranges.....and we're seeing mostly Short-Sales and REO's.

But, it doesn't really matter at this point. I know I keep saying this, but it is what it is. We find whatever house a buyer can call home and we write an offer. Try to get accepted and hope to close an escrow....REO, Short-Sale or Standard Sale.

And, my peeps know this, it's always 'Onward & Forward!' if we don't get our first choice..or second...or third...