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Short Sale In Martinez | Real Estate Stats For December 2012

by Scott Fuller on February 12, 2013
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Short Sale In Martinez | Real Estate Stats For City of Martinez December 2012

Short sale in Martinez listing specialists East Bay Short Sale Group have some new data for Martinez real estate for the month of December 2012.

The number of new listings in Martinez for December of 2011 was 31. Fast-forward one year later the number of new listings in December of 2012 was 21, so that’s about a 30% decrease in the number of new listings year-over-year.

If we look at the number of closed sales in 2011 December there were 43 closed sales. Fast-forward to 12 months later again, we’re looking at the number of closed sales is 36, so that’s down by about 16%. So we’re seeing the number of sales go down.

But what we’re seeing on a lot larger scale is the inventory levels certainly have gone down quite a bit. The number of homes for sale were down, by about five homes in Martinez for December of 2011 to December of 2012. Want to see some of the short sale in Martinez homes we have sold this year? Visit our YouTube Channel.

And the median sales price actually increased quite a bit year-over-year, so the median sales price in 2011 was $307,000. That’s for single family residences and that went up to about $363,000 in December of 2012, so the average price of the homes sold went up about 18%. We’re also seeing of course, with the limited number of inventory levels out there that there are more buyers, and the median home price, and the average home price are also going up.

So if you have any questions on your property let’s say if you have a house or any type of property in Martinez you’re looking to sell; you need to do a short sale we can certainly help you with that; guide you in the right direction to be able to get that closed for you. Contact us for your short sale in Martinez needs!

 

 

Short Sale In Martinez | Real Estate Stats For December 2012

Short Sale In Martinez | Real Estate Stats For December 2012

 

 

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