2012 Santa Maria CA End of Year Real Estate Market Update
Interesting figures in this end of year report. An approximate 3% increase in home sold in a one year period in Santa Maria. List prices came down, but actual sale prices didn’t move much, only a slight decrease. So, 2012 had 99.2% sales price compared to list price, and 2011 had a 97.9% sales price to list price comparison. So, even though average sale price edged down about $2654 in dollars, bargaining room from list price appears to have tightened. The number of foreclosures decreased 18% while the number of short sales increased 21.8%.
If you are considering selling your Santa Maria CA home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment. I specialize in short sales and distress sales. If you are interested in buying a home in Santa Maria CA, I will be happy to assist you and provide a list of available homes in Santa Maria CA and the surrounding area.
Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) and Short Sale and Foreclosure Resource Agent (SFR) serving Santa Maria, Orcutt, Lompoc, Nipomo, and Arroyo Grande on the Central Coast of California.
* Stick built SFRs & PUDs. Zip codes 93454 & 93458. Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market. School district boundaries are subject to change and must be verified with the appropriate authority. Nothing in this article is intended to solicit listings currently under contract with another broker. This article offers no legal or tax advice and is for information purposes only. Information deemed reliable but not verified or guaranteed by broker. Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.
Copyright © 2013 Tni LeBlanc *2012 Santa Maria CA End of Year Real Estate Market Update*
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