Santa Maria/Orcutt Real Estate Reports – October 2010 to October 2011

November 21, 2011 By

Santa Maria/Orcutt Real Estate Market Reports – October 2010 to October 2011

These market reports for the Santa Maria/Orcutt area are taken directly from the Multiple Listing Service for Single Family Residences.

If you would like information for a specific area or for a certain price range or for just a specific type of residence, like condos, or for vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data from which these charts are drawn, we will email that to you as well.

Santa Maria/Orcutt’s market is moving along pretty well. The number of homes for sale is down but the number of homes that went pending continue to trend upward. The number of homes sold is down slightly the past couple months but still up from most of the remaining months of the past year. The median price is down 15% from a year ago but the number of months inventory is quite low at 2.2 months. The sales prices are trending upward these past few months. After the holidays when more homes tend to come on the market, it could have an affect on the sale prices and the inventory supply.

Interest rates are so low that potential buyers may want to start their search to buy a home in Santa Maria and Orcutt.

Contact us if you’d like more specific information or are interested in buying or selling  home.

For now, Spencer & Margaret Morris

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Filed Under: Santa Maria/Orcutt Data, Uncategorized Tagged With: , , , , , , ,

Santa Maria/Orcutt Real Estate Market Reports – Sept 2010 to Sept 2011

October 10, 2011 By

Santa Maria/Orcutt Real Estate Market Reports - Sept 2010 to Sept 2011

These market reports for the Santa Maria/Orcutt area are taken directly from the Multiple Listing Service for Single Family Residences (in previous months we included PUDs and condos).

If you would like information for a specific area or for a certain price range or for just a specific type of residence, like condos, or for vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data from which these charts are drawn, we will email that to you as well.

The number of homes on the market are down 21% from a year ago and the number of months of inventory are now down to a level of just over 2 months. Likley for that reason, home prices haven’t dropped significantly. The median list price has tilted upward and the median sales price is slightly up from last month, but both are down from a year ago.

With interest rates so low it looks to be a good time for buyers to buy in Santa Maria and Orcutt.

Contact us if you’d like more specific information or are interested in buying or selling  home.

For now, Spencer & Margaret Morris

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Filed Under: Santa Maria/Orcutt Data Tagged With: , , , , , , , ,

Santa Maria/Orcutt Real Estate Market Reports – August 2010 to August 2011

September 7, 2011 By

Santa Maria/Orcutt Real Estate Market Reports – August 2010 to August 2011

These market reports for the Santa Maria/Orcutt area are taken directly from the Multiple Listing Service for Single Family Residences, Condos & PUDs.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence or vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data from which these charts are drawn, we will email that to you as well.

The real estate market is moving pretty well with home sales and pending properties on the rise and inventory down. The average home price for those homes on the market and for those sold are only down 8% from a year ago.  With interest rates so low it looks to be a good time for buyers to buy in Santa Maria and Orcutt.

Contact us if you’d like more specific information or are interested in buying or selling  home.

Spencer & Margaret Morris

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Filed Under: Santa Maria/Orcutt Data, Uncategorized Tagged With: , , , , , , ,

Santa Maria/Orcutt Real Estate Market Reports July 2010 – July 2011

August 5, 2011 By

These market reports for the Santa Maria/Orcutt area are taken directly from the Multiple Listing Service for Single Family Residences, Condos & PUDs.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence or vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data from which these charts are drawn, we will email that to you as well.

Inventory is down 67% from a year ago but prices have still fallen in the past year. List prices are down 12% and sold prices are down 18% from a year ago. The number of pending properties is higher than ever (93%!) but the number of sold homes is down 15% which suggests that a large number of homes go pending but fall out of escrow. This is likely due to the high number of distressed properties for sale in the Santa Maria/Orcutt area.

For now, Spencer & Margaret Morris

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Filed Under: Santa Maria/Orcutt Data Tagged With: , , , , , , , ,

Santa Maria/Orcutt Real Estate Market Data June 2010 – June 2011

July 7, 2011 By

These market statistics for the Santa Maria/Orcutt area are taken directly from the Multiple Listing Service for Single Family Residences, Condos & PUDs.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence or vacant land, let us know and we’ll email it to you. Additionally if you would like the data that the charts are drawn from, we can email that to you as well.

The number of homes for sale in Santa Maria and Orcutt have held pretty steady over the past year and are virtually unchanged from last year. The number sold properties is down just 4% but the number of homes that are under contract continue to rise and are now up 117% from a year ago. It suggests that a lot fall out of escrow. The median asking price and the median sold price are down from a year ago as well, 14% and 7% respectively, which really isn’t much. However, inventory continues to fall and is actually at a level that would be considered a strong sellers market. Hmm…

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Filed Under: Santa Maria/Orcutt Data Tagged With: , , , , , , , ,