Santa Maria – Orcutt Monday Market Update

Things are looking up a bit this past week, with more new listings and more sales than the prior week!  Buyers are out there, trying to take advantage of the good prices and interest rates before they rise any further.  Seems like a beneficial time for both buyers and sellers, with about equal emphasis on both, which means a balanced market! Here are the stats for last week:

 

 

 

 

 

 

 

 

Note the lack of activity in the REO and Short Sale columns.  This is good news for our area, and lends further credibility to the idea of a healing market, and diminishing “distress” properties!

For more information about our local market, or to list or buy a home, please give me a call at (805)937-5777 or complete the Contact form below.  I look forward to speaking to you soon!