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Winter 2012 Market Update
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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| Average Home Price | $500,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 25-30% |
| Average Time on Market | 10-30 days |
| Best Selling Price Range | $300,000 - $349,000 |
| Worst Selling Price Range | $350,000 - $399,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Santa Maria is | Decreasing |
| Seller Activity for the past 90 days in Santa Maria is? | Decreasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 30-35% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Santa Maria! |
| Nearest Metro Area | Santa Barbara |
| Housing Hot Spots | Most cities within the Santa Barbara County area are considered ’Housing Hotspots’ |
| Average Sold Price | $500,000 - View Graph Trend |
Santa Maria Local News
New Radius Homes Search Widget - September 18th, 2009 12:18pm
Contact Information
Duke Parmelly
805-310-5177
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Duke Parmelly
Keller Williams Realty Coastal Valley
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 805-310-5177
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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