Thursday, April 9, 2009

Santa Clarita Short Sale and Bank Owned Properties For Sale April 8, 2009

Santa Clarita Short Sales&Bank Owned Properties for sale

As your Santa Clarita Certified Distressed Property Expert, CDPE I am here to provide you with the most current short sale (pre foreclosure) and bank owned (REO) property statistics in the Santa Clarita Valley. As of April 8, 2009 here is the current average list and sale prices for the Stevenson Ranch, Valencia, Saugus, Newhall, Canyon Country, and Castaic areas.

ACTIVE BANK OWNED LISTINGS IN STEVENSON RANCH APRIL 8, 2009:
There is 1 active bank owned (REO) single family homes for sale in Stevenson Ranch, 2 in back up 7 pending.
Average list price: $574,900
Average sale price: $526,980 from 2/3/2009 - 04/8/2009 10 homes sold.
The bank owned homes sold $47,920 below the current average list price.

ACTIVE SHORT SALE LISTINGS IN STEVENSON RANCH APRIL 8, 2009:
There are 20 active short sale, pre foreclosure single family homes for sale in Stevenson Ranch, 7 in back up 9 pending.
Average list price: $530,237
Average sale price: $534,000 from 2/3/2009 - 04/8/2009 2 homes sold.
The short sale homes sold for $3,763 above the current average list price.
Short sale homes in Stevenson Ranch are listed for less but are selling for more then the bank owned homes during the 2/3/2009 - 04/8/2009 time period. During this time period the numbers have changed. Previously Bank owned homes sold for more then short sale listings.

ACTIVE BANK OWNED LISTINGS IN STEVENSON RANCH FEBRUARY 3, 2009:
There were 6 single family homes sale.
Average list price: $549,850
Average sale price: $575,666 From 1/10/2009 - 02/03/2009, 3 homes sold.
The bank owned homes sold $25,816 above the average list price.
There are 8 homes in back up or pending status.

ACTIVE SHORT SALE LISTINGS IN STEVENSON RANCH FEBRUARY 3, 2009:
There were 21 single family homes sale.
Average list price: $537,185
Average sale price: $438,500 From 1/10/2009 - 02/03/2009, 2 homes sold.
The short sale homes sold for $98,685 below the average list price.
There are 14 homes in back up or pending status.
Short sale homes in Stevenson Ranch are listed for and selling for less then the bank owned homes.


ACTIVE BANK OWNED LISTINGS IN VALENCIA APRIL 8, 2009:
There are 13 active bank owned (REO's) single family homes for sale in Valencia, 6 in back up 27 pending.
Average list price: $452,600
Average sale price: $424,940 from 2/3/2009 - 04/8/2009, 31 homes sold.
The bank owned homes sold $27,660 below the current average list price.

ACTIVE SHORT SALE LISTINGS IN VALENCIA APRIL 8, 2009:
There are 86 active short sale, pre foreclosure single family homes for sale Valencia, 30 in back up 24 pending.
Average list price: $452,112
Average sale price $439,625 from 2/3/2009 - 04/8/2009, 16 homes sold.There were 18 single family homes sale.
The short sale homes sold for $12,487 below the current average list price.Short sale homes in Valencia are listed for less but are selling for more then the bank owned homes during the 2/3/2009 - 04/8/2009 time period. During this time period the numbers have changed. Previously Bank owned homes sold for more then short sale listings.

ACTIVE BANK OWNED LISTINGS IN VALENCIA FEBRUARY 3, 2009:
Average list price: $492,100
Average sale price: $456,491 From 1/10/2009 - 02/03/2009, 6 homes sold.
The bank owned homes sold for $35,609 below the average list price.
There are 30 homes in back up or pending status.

ACTIVE SHORT SALE LISTINGS IN VALENCIA FEBRUARY 3, 2009:
There were 81 single family homes sale.
Average list price: $461,054
Average sale price: $396,666 From 1/10/2009 - 02/03/2009, 3 homes sold.
The short sale homes sold for $64,388 below the average list price.
There are 42 properties in back up or pending status.
Short sale homes in Valencia are listed for and selling for less then bank owned homes.


ACTIVE BANK OWNED LISTINGS IN SAUGUS APRIL 8, 2009:
There are 13 active bank owned (REO's) single family homes for sale in Saugus, 7 in back up 14 pending.
Average list price: $352,476
Average sale price: $386,800 from 2/3/2009 - 04/8/2009, 32 homes sold.
The bank owned homes sold $34,324 Above the current average list price. Bank owned homes in Saugus are listed for less and selling for less then short sale homes during the 2/3/2009 - 04/8/2009 time period.

ACTIVE SHORT SALE LISTINGS IN SAUGUS APRIL 8, 2009:
There are 51 active short sale, pre foreclosure single family homes for sale in Saugus, 31 in back up 26 pending.
Average list price: $420,755
Average sale price: $522,166 from 2/3/2009 - 04/8/2009, 6 homes sold.
The short sale homes sold for $101,411 Above the current average list price.

ACTIVE BANK OWNED LISTINGS IN SAUGUS FEBRUARY 03, 2009:There were 20 single family homes sale.
Average list price: $371,271
Average sale price: $412,818 From 1/03/2009 - 02/03/2009, 10 homes sold.
The bank owned homes sold for $41,547 above the average list price.
There are 26 homes in back up or pending status.
Bank owned homes in Saugus are listed for and selling for less then short sale homes.

ACTIVE SHORT SALE LISTINGS IN SAUGUS FEBRUARY 03, 2009:
There were 63 single family homes sale.
Average list price $453,837
Average sale price: $495,000 From 1/10/2009 - 02/03/2009 1 home sold.
The short sale homes sold for $41,163 above the average list price.
There are 32 homes in back up or pending status.


ACTIVE BANK OWNED LISTINGS IN NEWHALL APRIL 8, 2009:
There are 6 active bank owned (REO's) single family homes for sale in Newhall, 1 in back up 12 pending.
Average list price $350,380
Average sale price $396,569 from 2/3/2009 - 04/8/2009, 8 homes sold.
The bank owned homes sold $46,189 Above the current average list price.

ACTIVE SHORT SALE LISTINGS IN NEWHALL APRIL 8, 2009:
There are 34 active short sale, pre foreclosure single family homes for sale in Newhall, 15 in back up 12 pending.
Average list price: $368,434
Average sale price: $345,500 from 2/3/2009 - 04/8/2009, 2 homes sold.
The short sale homes sold for $22,934 Below the current average list price. Bank owned homes in Newhall are listed for less But short sale homes are selling for less during the 2/3/2009 - 04/8/2009 time period.
ACTIVE BANK OWNED LISTINGS IN NEWHALL FEBRUARY 3, 2009:There were 10 single family homes sale.
Average list price: $326,490
Average sale price: $338,506 From 1/10/2009 - 02/03/2009
The bank owned homes sold for $12,016 above the average list price.
There are 17 homes in back up or pending status.

ACTIVE SHORT SALE LISTINGS IN NEWHALL FEBRUARY 3, 2009:There were 36 single family homes sale.
Average list price: $404,631
Average sale price: $330,000 From 1/10/2009 - 02/03/2009, 1 homes sold.
The short sale homes sold for $74,631 below the average list price.
There are 12 homes in back up or pending status.
Bank owned homes are listed for less but Short sale homes in Newhall are selling for less.


ACTIVE BANK OWNED LISTINGS IN CANYON COUNTRY APRIL 8, 2009:
There are 14 active bank owned (REO's) single family homes for sale in Canyon Country, 9 in back up 35 pending.
Average list price: $298,392
Average sale price: $323,992 from 2/3/2009 - 04/8/2009, 39 homes sold.
The bank owned homes sold $25,600 Above the current average list price.
Bank owned homes in Canyon Country are listed for less and are selling for less then short sale homes during the 2/3/2009 - 04/8/2009 time period.

ACTIVE SHORT SALE LISTINGS IN CANYON COUNTRY APRIL 8, 2009:
There are 97 active short sale, pre foreclosure single family homes for sale in Canyon Country, 17 in back up 44 pending.
Average list price: $383,370
Average sale price: $361,991 from 2/3/2009 - 04/8/2009, 12 homes sold.
The short sale homes sold for $21,379 Below the current average list price.

ACTIVE BANK OWNED LISTINGS IN CANYON COUNTRY FEBRUARY 3, 2009:
There were 32 single family homes sale.
Average List Price: $327,498 Days on Market: 43
From 1/10/2009 - 02/03/2009 there were 26 homes sold, the average sale price was $322,226 days on market 30.
The bank owned homes have sold for $5,272 below the average list price.
There are 58 homes in back up or pending status.
Bank owned homes in Canyon Country are listed for and selling for less the short sale homes.

ACTIVE SHORT SALE LISTINGS IN CANYON COUNTRY FEBRUARY 3, 2009:
There were 117 single family homes sale.
Average List Price: $374,665 Days on Market: 119
From 1/10/2009 - 02/03/2009 there were 5 home sold, the average sale price was $438,000 days on market 195.
The short sale homes have sold for $63,335 above the average list price.
There are 40 homes in back up or pending status.


ACTIVE BANK OWNED LISTINGS IN CASTAIC APRIL 8, 2009:
There are 8 active bank owned (REO's) single family homes for sale in Castaic, 1 in back up 11 pending.
Average list price: $380,088
Average sale price: $408,806 from 2/3/2009 - 04/8/2009, 16 homes sold.
The bank owned homes sold $28,718 Above the current average list price.Bank owned homes in Castaic are listed for less and are selling for less then short sale homes during the 2/3/2009 - 04/8/2009 time period.

ACTIVE SHORT SALE LISTINGS IN CASTAIC APRIL 8, 2009:
There are 33 active short sale, pre foreclosure single family homes for sale in Castaic, 10 in back up 13 pending.
Average list price: $388,611
Average sale price: $414,750 from 2/3/2009 - 04/8/2009, 4 homes sold.
The short sale homes sold for $26,139 Above the current average list price.

ACTIVE BANK OWNED LISTINGS IN CASTAIC FEBRUARY 3, 2009:There were 14 single family homes sale.
Average list price: $496,221
Average sale price: $432,500 From 1/10/2009 - 02/03/2009, 6 homes sold.
Bank owned homes sold for $63,721 below the average list price.
There are 14 properties in back up or pending status.

ACTIVE SHORT SALE LISTINGS IN CASTAIC FEBRUARY 3, 2009:
There were 44 single family homes sale.
Average list price: $392,324
Average sale price: $407,500 From 1/10/2009 - 02/03/2009, 4 homes sold.
The short sale homes sold for $15,176 above the list price.
19 properties are in back up status or pending.
Short sale homes in Castaic are listed for and selling for less then the bank owned homes.


With the constantly changing market we are in my goal is to keep you up to date with the most current statistics in the Santa Clarita Valley. As potential buyers these numbers help you to understand what the price ranges are for bank owned and short sale properties. There is a big misconception when it comes to bank owned properties and short sales. Many are led to believe that there is a fire sale going on, that the banks are giving deep discounts. Banks at this point are in the business to minimize their loss severity.
You as a buyer need an agent who truely understands this market and can help you get your desired home whether it be a bank owned or short sale listing. With so much information and misinformation you need an agent that is not an average agent to guide you through these investment opportunities.
My husband and I are Santa Clarita's Certified Distressed Property Experts, CDPE. By dealing with an agent who has earned the CDPE designation, buyers and sellers ensure that they are working with a real estate professional that is equipped to handle their specific needs.
This real estate market has caused unbearable stress and heartache. As Certified Distressed Property Experts we will give our clients the expertise necessary to save their credit, relieve the uncertainty, and most of all help their families. We feel that education is key in this market with so much misinformation and foreclosure scams out there, we sought out this education to ensure we could properly help families get on the path to recovery.
Many of you have heard these terms on the news lately or see these type of homes in your communities. Would like to know what these terms mean or understand how the short sale process works? Go to: http://www.santaclaritavalleyhomesonline.com/shortsale.htm.

If you or someone you know are in a difficult situation with your property consider us. Homeowners who are in the pre foreclosure process need to speak with an educated agent as quickly as possible. For many homeowners foreclosure is not the only option however most do not get the opportunity to explore solutions.We are Santa Clarita's Certified Distressed Property Experts and would like opportunity to sit down with you and give you a free, no obligation, consultation on this process.

Do you know of anyone who is thinking about moving to the Santa Clarita Valley? Let me show them this beautiful community among others here in the Southern California area.
If you would like to search specifically for Santa Clarita, or any other areas of Southern California go to: http://www.santaclaritacertifieddistressedpropertyexperts.com/

You can tract the Santa Clarita Short Sales and Bank Owned statistics on a monthly basis. In my archives click on the SANTA CLARITA SHORT SALE AND BANK OWNED PROPERTIES FOR SALE button.

*All information deemed reliable but not guaranteed, information directly from SOCAL MLS

1 comment:

ChrisP said...

Buying real estate bargain properties can be a great way to make a large profit. If you take the time to do your research and select the property carefully, you can make a great deal of money.