I make no guarantee on the accuracy of what type of listing is marked in our MLS...there are errors, trust me....but, you'll get the picture! That would be why the numbers don't add up to the totals....all the time...
Total number of ACTIVE listings in our Santa Clarita Valley communities: 391 ~ Obscenely low inventory!
Of that obscene inventory:
Standard Sales ~ 253
Short-Sales ~ 99
REO's ~ 35
Total that are either in PENDING or Supposedly taking BACK-UP offers: 1132, Crazy, isn't it?
Of that crazy number:
Standard Sales ~ 237
Short-Sales ~ 807
REO's ~ 80
And, the number of SOLD, or closed escrow in the last 30 days: 325 ~ Pretty typical.
Of that typical amount:
Standard Sales ~ 132
Short-Sales ~ 144
REO's ~ 50
While, again, I am happy that more Standard Sellers are able to come on the market, we still have a ways to go.
More REO's would be nice to have to sell, wouldn't they?