Pleasant Hill Short Sale | Real Estate Report December 2012

Sumo

Pleasant Hill Short Sale | Real Estate Report December 2012

Pleasant Hill short sale realtors East Bay Short Sale Group have posted some new numbers for Pleasant Hill real estate stats for Dec., 2012.

The numbers of new listings in December 2011 were 18, the same number in December 2012, there were 18 listings also in that month, so no changes year-over-year for that statistic. For the number of closed sales it’s relatively the same.

In December of 2012 there were 32 closed sales, in December of 2011. Fast-forward one year later December of 2012 there were 35 closed sales, so again roughly the same.

One thing that’s changed dramatically over the last year is the inventory levels of what’s available on the market. The number of homes for sale in December of 2011 in Pleasant Hill was 54, so 54 single family residences for sale. This includes all types of property sales in Pleasant Hill, not just short sale homes.

Fast-forward 12 months later in December of 2012 that dropped to 12 properties for sale, so that’s down by about 77%. Certainly some big decreases in the number of inventory, and also increases in the number of buyers is continuing.

So we are seeing a lot of home prices go up, the median home prices is going up quite a bit. In fact, the median home price from December 2011 to December 2012 went up 35%.

So people are spending more money and homes that are selling are selling at a higher price, and higher priced homes are selling more than they were a year ago. This is certainly true for buyers purchasing a Pleasant Hill short sale home.

So if you have any questions on the real estate market in Pleasant Hill, whether you’re looking to purchase in the area, or whether you’re looking to sell in the case where you might have a financial hardship, or some sort of a hardship, or you just want to sell we can certainly help you with that as well. You can see more of the homes we have sold in Pleasant Hill and around Contra Costa County on our YouTube Channel page.

If you have thought about selling your Pleasant Hill home as a short sale, please contact us for more information on our listing services which are at no cost to you!