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Livermore CA Short Sale Stats And Real Estate Info for November 2012

We have some Livermore CA short sale real estate statistics for November of 2012. We’ve got some great information here. The number of active listings for November of 2011, there were 175 active listings in November of 2011. If we fast forward 1 year later to November 2012, there were only 42 new listings. So, we see those inventory listings drastically reduced; the number of new listings certainly going down year-over-year.

The number of properties sold in Livermore? Well, we’re seeing is pretty indicative of what’s happening in other areas of the east bay. 76 properties sold in November 2011, and actually a few more sold in November 2012; there were 80 properties that sold, so we had more properties that sold year-over-year, but obviously inventory levels have dropped quite a bit. The month of supply in Livermore CA short sale properties and other properties have changed drastically has well; what that means is that if we didn’t introduce any more new properties on the market, how long would it take to close out the existing properties on the market, get those onto contract?

For November of 2011, that was 2 months. It would take 2 months to get all those properties into contract. Right now, it would take a half of a month, not even a full month. So again, pretty indicative of what we’re seeing pretty much everywhere in the East Bay; multiple offers on properties, certainly becoming  more of a seller’s market. The average home price is going up a little bit as well. Median sale price November 2011 from Livermore; $399,000. That’s increased about $10,000 year-over-year. And, the average days on market relatively unchanged for year-over-year, it’s running about 65 days on the market. Still seeing a lot of short sales that take time for the bank to approve in Livermore, and that’s why the days on market is still a little more than they used to be.

So, if you have any questions on the services that we provide, whether it’s for Livermore CA short sales, regular sales, bank-owned properties,  anything like that, contact us.  We’d be happy to help in any way that we can.

Livermore CA Short Sale Stats Nov 2012

Livermore CA Short Sale Stats Nov 2012

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