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Walnut Creek CA Short Sale | Market Stats For November 2012

by Scott Fuller on January 17, 2013
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Walnut Creek CA Short Sale Update | Market Stats For November 2012

Walnut Creek CA short sale homeowners, I’ve got some market statistics for you for Walnut Creek November 2012. The new listings for single family residence’s new listings, there are 43 new listings in December of 2012. That’s actually down 8% from November of 2011. The number of closed sales in November 2012 was 32 listings, and that’s down about 27% from November of 2011.

Median sales price is up 23%, which is huge. So year-over-year from November 2012, it’s up about 23%. Those are big numbers. I mean, we’re seeing the average sales price obviously go up a little bit. But the average price of homes sold has certainly increased, as well. The inventory of homes for sale, only 28 homes for sale in November of 2012 in Walnut Creek. That’s down 76% from November of 2011. November 2011, we had 117 homes for sale in Walnut Creek, and certainly that’s decreased. These stats are representative of all property sale types including Walnut Creek CA short sales, REO/bank owned, and regular equity sales.

We have seen the inventory of homes has dried up quite a bit. There are lot of new buyers out in the market looking for properties, and not as many listings. So it’s becoming, certainly, a very competitive market. Townhouse condos, number of new listings is actually down 25% from November 2011 to November 2012. The number of closed sales is roughly about the same. The inventory of homes for sale is down about 70%. So some real big numbers right there that we’re looking at. Huge changes year-over-year from November 2012 to the previous year, November 2011. The market for Walnut Creek CA short sales and other properties is very dynamic right now.

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Walnut Creek CA Short Sale Market Stats Nov 2012

Walnut Creek CA Short Sale Market Stats Nov 2012

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