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Pleasant Hill CA Short Sale – Active, Pending & Solds October 2012

by Scott Fuller on November 25, 2012
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Hi, everybody, Scott Fuller with East Bay Short Sale Group. We are your Pleasant Hill, California, short sales specialist.  We just got in some data from the Contra Costa Association of Realtors. I wanted to give your local market update for October 2012, to let you know what’s going on in your market right now.

The number of new listings, single family residence, new listings, has decreased from last October to this October about 17%. Last October there were 34 new listings on the market in Pleasant Hill; this year there’s only 28. So the number of homes for sales has actually decreased year over year. The median sales price has gone up 26%. So last year the median sale price of a home sold in Pleasant Hill was $435,000. This year it’s actually $550,000. It doesn’t mean the home prices has gone up 26%, it just means the average sales price of homes sold has been higher than it was last year. And the inventory of homes for sale, this is a pretty staggering statistic. For 2001 in Pleasant Hill there were 76 homes for sale, last year October. This October there were only 18 homes for sale. That’s a decrease of inventory of about 76% which is huge. That just tells us that still there’s not a lot of properties on the market. There are a lot of buyers out there who are starting to see prices continuing to gradually increase because of the supply and the demand for Pleasant Hill real estate.

If you have any questions on what your home might be worth, you like to talk to us about your situation, if you might be in a potential short sale situation, you live in Pleasant Hill or some of the surrounding areas, contact us at EastBayShortSalesGroup.com. I’ll be happy to provide a free analysis, free consultation.

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