Santa Maria – Orcutt Monday Market Update

GraphicChugging right along!  The Santa Maria Valley real estate market continues along the right track, in good health, with only 3 distressed sales this past week and the rest “traditional/normal” sales.  It’s wonderful to think we are pretty much back to a regular market, with many sellers having enough equity in their homes again to consider a move without taking a loss.  The most popular price range is $200-300,000, but that is rapidly moving upwards to the $300-400,000 range, and many Orcutt properties are already there.  Here are the stats for last week:

2014

April 20 - April 26

 

 

 

 

 

 

And for comparison:

2013

Apr 21 - Apr 27 2013

 

 

 

 

 

 

 

Inventory is almost double what it was last year, which should make buyers happy!

For more information about our local market, or to buy or sell a home, please give me a call at (805)937-5777 or complete the Contact form below.  I’d welcome the opportunity to discuss your goals, and to show you how I can help you achieve them!

 

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