Walnut Creek Short Sale | December 2012 Real Estate Report

Sumo

Walnut Creek Short Sale | December 2012 Real Estate Report

Walnut Creek short sale realtors East Bay Short Sale Group has some market statistics for what’s going on in Walnut Creek for December of 2012, compare that to what happened a year earlier in the real estate market in December of 2011.

The number of new listings in December of 2012, there were 23. If we go back a year the number of new listings in December of 2011, there were 37. So there were 37% less new listings in December of 2012 than the year before, so certainly we’re seeing lower inventory levels.

More buyers coming out to the market in Walnut Creek is indicative of what we’re seeing in a lot of the areas of the East Bay. The number of closed sales, there were actually more closed sales in Walnut Creek in December of 2012 than there were in December of 2011, which is fairly surprising.

But the number of inventory for homes for sale in Walnut Creek in December of 2011, there were 94 homes for sale. These are single family residences in Walnut Creek. December of 2012, that dropped to only 38. So that’s about a 60% decrease in the number of homes available on the market for sale from 2012 to 2011.

So certainly we’re seeing a lot of price competition and a lot of buyer competition on the market. So if you’re looking to sell your home and you live in Walnut Creek, whether you have a town home, condo, single family residence, land, anything like that we can certainly help you.

Give you some great information on what’s going on in the market, what you can expect as far as offers and the offer process. If you have to do a short sale, or you owe more than what your property is worth, we have tons of experience with that.

For more information on the Walnut Creek short sale properties that may be for sale, visit our YouTube Channel. Or contact us for direct info on how to list your home as a short sale. Let us help you sell your Walnut Creek short sale.