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Market Trends
Commentary Provided byDuke Parmelly Our Team is seeing multiple offers with our listings getting sold in only days. Qualified buyers under the Preferred Buyers Program for Foreclosures find themselves ready to act quickly with a better chance of picking up another cash producing property or finding their 1st home with payments equal to that of a rental. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | |||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||
| Average Time on Market | 10-30 days | ||
| Market Trend | Decreasing | ||
| Housing Inventory | Good supply - all prices | ||
| Average Home Price | $275,000 - View Graph Trend | ||
| Best Selling Price Range | |||
| Worst Selling Price Range | |||
| Compared to Last Year | Down 25-30% | ||
| Prices As % of Asking Price | 95-100% | ||
| Multiple Offers? | Yes | ||
| Greatest Activity | First Time Buyers | ||
| Buyer Activity for the past 90 days in Santa Maria is | |||
| Seller Activity for the past 90 days in Santa Maria is | |||
| Is Financing Available For Qualified Buyers in Santa Maria? | |||
| Existing Home Prices for the past 90 days are | |||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||
| Housing Hot Spots | |||
| Reason to Buy/Sell | Other | ||
| Average Sold Price | $275,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Duke Parmelly
Keller Williams Realty Coastal Valley Santa Maria, California 805-310-5177 teamduke@kw.com Agent Home Page 
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