Short Sales in Discovery Bay California
Short Sales in Discovery Bay California are becoming the dominate part of the market. There are 20 Short Sale Homes on the Market in Discovery Bay California which is almost half of the active market.
Only 11 Short Sale Homes closed escrow in Discovery Bay California in November and 9 Short Sale Homes closed escrow in December.
What concerns me is that there are currently 64 Pending Short Sale Homes in Discovery Bay California. This means that at this rate it could take about 6 months to close that entire pending; assuming they were to all close.
The asking price for Short Sale Homes is lower on an average cost per SF Basis ($124.00) than the average SF cost of all the homes on the market ($181.00). This may be partially because it is hard to get an offer on Short Sale homes compared to the rest of the market in Discovery Bay California.
But the actual Sales Price on Short Sale Homes is about the same on average based on SF too. In November Short Sales in Discovery Bay California sold for $129.00 per SF on average while the overall average was $131.00. In December Short Sales Sold for $119.00 per SF and the overall average per SF was $113.00.
Due to the small number of sales and the eclectic nature of the Discovery Bay market there will be wide swings in prices from month to month. These numbers do not indicate a trend - yet.
As a Buyer or a Seller of a Short Sale Home there are two important things you can do. Make sure your Realtor has his/her SFR Designation (Short Sale and Foreclosure Resource) and request these Free Booklets on Selling and Buying a Short Sale Home.
I am a Realtor with an SFR Designation. If you need assistance with real estate in Discovery Bay California or beyond Contact Me Now!
Why Home Point Real Estate?
Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.
Where is Home Point Real Estate?
Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.
Does Home Point Real Estate Handle Bank Owned Homes?
Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.
What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?
Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.
Can Home Point Real Estate Help me with Real Estate Investments?
Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.
Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321
Gene,
I really like your blogs about short sales. I tried to sign up for the information but it didn't work. Can you send me the info?