Discovery Bay Short Sales
This report looks at Short Sales in Discovery Bay by looking at the Active, Pending, and recent Short Sales of Single Family Homes in Discovery Bay.
Right now there are 24 Short Sale Homes on the market in Discovery Bay with an average price of $346,483.00 and a median price of $312,200.00. These homes are priced at an average of $127.00 per SF and have been on the market for an average of 55 days.
There are 80 Pending Short Sales with an average price of $317,213.00 and a median price of $290,000.00. This is an average price of $124.00 per SF and these homes have been on the market 31 days on average.
In June 12 Short Sale Homes Sold in Discovery Bay with an average price of $307,685.00 and a median price of $276,250.00. The average price per SF was $121.00 and the homes spent an average of 30 days on the market.
This compares to May with 14 Short Sale Homes sold for an average price per SF of $368,021.00 and a median price of $279,500.00. These homes sold for an average of $142.00 per SF and spent an average of 33 days on the market.
Short Sales are the dominate part of the market. New Federal Guidelines are supposed to speed the Short Sale process, however, at the current rate of closings it would take over 6 months to clear the current pending inventory of Short Sales.
If you need to sell a Short Sale home click here to get the Free Book on 19 Things You Need to Know to Short Sale Your Home or if you are looking to buy a Short Sale get the Free Book on 15 Things you need to Know about Buying a Short Sale Home.
I have an SFR Designation form the National Association of REALTORS® which is a Short Sale and Foreclosure Resource Certification. I would like to help you with your Short Sale Transactions.










