Friday, June 17, 2016

Homes Sales Activity For Santa Clarita & Surrounding Communities June 17, 2016

I am so happy to point out that we have moved up over the 600 mark for active listings.

From Acton to Stevenson Ranch, Newhall to Castaic we now have 622 active properties available for sale!!

We closed escrow on 371 in the last 30 days. That's actually a really good number considering the low inventory.

Under contract right now we have 732. 645 of those are Standard Sales, so that means we're still hovering about 10% of distressed sales. Bank owned, short-sales, maybe some HUD owned or probate in there as well.

The quickest moving ones are under 500-ish in our little valley. Priced right, marketed right, show nice? You're moving pretty quickly. Sales aplenty in that price range with a lot of competition.

Interest rates are still ridiculously low. The Fed did not bump them up this month. Talk again about September or December increase. For now though, below 4%.

All good in housing in Awesometown and neighboring 'villages'!

No comments: