Just Can’t Help Myself

Once an agent, always an agent; it is just in my blood!  I can’t resist checking out the stats for the Santa Maria Valley one more time,  even though I am now in Oklahoma!  I have been wondering how the first six months of 2014 played out vs. the same time period in 2013, so here is a handy chart showing some neat data!

Trend Chart 1-14 thru 7-14

 

 

 

The following chart shows the same information: for sale, sold and pending sales, but for a larger time frame: from January 2013 through July 2014, so you can see the bigger picture.  Inventory literally doubled over the past year!

Trend Chart 1-13 thru 7-14

 

 

 

 

Trend info for blog

 

 

Pending sales are up, and those sales should be closing in August and September, considering most escrows close in 45-60 days.  It does seem as though the Santa Maria market has stabilized, with buyers finally having choices again, and sellers being able to move on.  The Tulsa market is quite different, at least from this newcomer’s viewpoint, and folks do not see huge gains in appreciation the way Californians so often do.  In fact, it seems to me like 5% is a lot.  So those of you on the beautiful Central Coast — appreciate what you have, or if a buyer, appreciate what you can have and don’t stress so much over a little up and down movement in the market — it will all even out eventually!

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Santa Maria – Orcutt Monday Market Update

GraphicSales activity was up last week, and at the mid-June point, it would be wonderful of this trend continued into July.  July is usually a busy month, with buyers hoping to get settled into a new home before the school year starts, assuming they have children…  In any case, the local market continues to recover at a solid pace, with no radical changes to upset the cart either way.  Prices are steadily rising, however cautiously, so if you are on the fence you may want to check in with your lender, get an update on your ability to buy, and go forward to a purchase.  Sooner or later, if you don’t act, you will regret it — you may be priced out of the market altogether.

2014

June 8 - June 14  2014

 

 

 

2013

Jun 9 - Jun 15  2013

 

 

Compared to last year’s activity in June, prices are higher now, but sales are down from 33 going into escrow to 20 this year.

Don’t be left behind!  Whether buying or selling, give me a call and let’s plan for your success!  (805)937-5777 or complete the Contact form below.

 

Seller Confidence Up!

Buffini Moving
According to a recent study by the California Association of REALTORS®, sellers were much more willing to sell in 2013 than they were in 2012.  And confidence is justified, at least here in the Santa Maria Valley, where values have increased and are still rising.  See for yourself!

 

happy homebuyerIs it time for your home to be sold?  If you think you’d like to investigate the possibility of a new home, and it would involve selling your current home first, I’ll be glad to help you build a game-plan for success!  Just complete the simple Contact form below, include your phone number or email address, and I’ll be in touch!

Published in: on June 12, 2014 at 12:05 AM  Leave a Comment  

Santa Maria – Orcutt Monday Market Update

GraphicThe June-gloom market is officially here.  Sales are down a bit, although the number of new listings increased a tad.  All I see in the newspaper is about graduations, and Facebook is full of posts about weddings!  It’s true: June is typically not the best month for selling a home, but we just have to get through it anyway.  July is a mere 21 days away!  Meanwhile, here are the sales stats for last week.

2014

June 1 - June 7  2014

 

 

 

 

 

 

 

 

 

2013

Jun 2 - Jun 8  2013

 

 

 

 

 

 

 

 

 

Looking to buy or sell? Please give me a call at (805)260-5228 or complete the Contact form below — thanks!

Santa Maria – Orcutt Monday Market Update

GraphicWhere did everyone go last week? Oh yes, it was a holiday week, and while closings were up the sales category fell as people apparently had better things to do than buy a home. It’s to be expected at this time of year though, as there are so many graduations, weddings, and vacations going on. Need to sell right now? Be real about your pricing, and you will, but it’s no time to be “testing the waters”. Here are the stats for the last week of May.

May 24 - May 31  2014

 

 

 

 

 

 

 

 

 

Buying or selling, when you want accurate local market information, just give me a call at (805)937-5777 or complete the Contact form below, and I’ll be happy to help!

 

Santa Maria – Orcutt Monday Market Update

GraphicReal estate sales were on an even keel last week, but it isn’t exactly what could be called a strong “Spring Market”.  Yes, nearly twice the number of listings over the same time frame last year, but has the number of sales increased significantly over the past few months?  Not really.  Interest rates are still quite good at less than 5%, so we’ll see how June shapes up.

 

2014

May 18 - May 24  2014

 

 

 

 

 

 

 

 

2013

May 19 - May 25  2013

 

 

 

 

 

 

 

In my nearly 30 years of experience, I’ve observed that there are so many activities occurring in June that real estate sales are slow.  Graduations, both college and high school, weddings, Father’s Day, the start of vacations, kids going to summer school and/or summer camp — just a whole slew of activities that reduce interest in real estate.  Then by July things settle down and sales go up, as people (families) prepare to buy before school starts.  It’s a pattern I’ve seen over and over.

For sellers, it can mean a long frustrating wait for a sale — so if there is a serious need to sell, it’s time to get aggressive with pricing.  For buyers, if not dealing with any of the common June activities, it’s a good time to buy with less competition!

Buying or selling, give me a call and we’ll plan for success! You can reach me at (805)937-5777 or complete the Contact form below.  Time to get moving! 🙂

 

 

Santa Maria – Orcutt Monday Market Update

GraphicAre we going to have a “Spring Market” here in the Santa Maria Valley this year?  One has to wonder, with the quantity of sales in the negative column this past week!  Inventory fell just a tiny bit, and so did sales volume.  What are the buyers thinking right now, and what is holding them back?  Or maybe another question might be, where are the buyers?  Oh, they are there, some on the fence and some still not finding what they want, waiting for more new inventory.  Sooner or later….

Here are the sales stats for last week.

May 11 - May 17  2014

 

 

 

 

 

 

 

 

 

For more information about local real estate, please give me a call at (805)937-5777 or complete the Contact form below.  Thanks!

 

Santa Maria – Orcutt Monday Market Update

GraphicLast week was better with new inventory, but what happened to closings?  The closings reflect sales of 30-60 days ago, as far back as March and as recent as April.  Maybe we will see a surge next week, but it must have been pretty quiet around the title companies last week… This week, I have added a new category of sales that will help in understanding total contract sales.  Because we have returned to a “normal” market, and prices have gone up, more homeowners have the equity to attempt a “move-up” again.  They still need to sell first before buying, but since they are now able to do so, sellers are starting to accept offers that contain that contingency.  This past week there were 2 sellers who accepted offers based on the sale of the buyers’ homes.  One is a Foxenwood Estates home listed at $549,000 and the other is a condo in Santa Maria, priced at $172,000.  I think we will be seeing more of these as we roll into the summer months, so I’m adding this category for accuracy, with regard to the actual number of sales.

2014

May 4 - May 10  2014

 

 

 

 

 

 

 

 

2013

May 05 - May 11 2013

 

 

 

 

 

 

 

 

It’s so great to look back at a year ago and see that our inventory has doubled!  So much healthier, all the way around.

For more information about the local Santa Maria Valley real estate market, or to start shopping for your next home, please give me a call at (805)937-5777 or complete the Contact form below.  As always, your comments are welcome too, and there’s a space for them just below the Contact form!

 

Santa Maria – Orcutt Monday Market Update

GraphicNot much difference in the sales activity this past week, from the prior week, other than in new listings, which went down.  Sales are pretty much the same.  Waiting patiently for our big “Spring Market” and hoping it arrives, with fresh inventory and eager buyers!  Here are the sales statistics for the last week of April, first week of May.

2014

April 27 - May 3  2014

 

 

 

 

 

 

 

 

 

Curious about the same time frame last year?  Here you go:

2013

Apr 28 - May 4 2013

 

 

 

 

 

 

 

 

 

Stay tuned to this site for weekly Monday updates, and for additional information, please give me a call at (805)937-5777 or complete the Contact form below.  Your comments are also welcome, and you may voice them a little further down, under the Contact section!  Thanks!

 

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!