Is every home sold in Santa Clarita selling over asking price? What type of financing are the homes selling with?

Cherrie & Zach
Published on January 14, 2013

Is every home sold in Santa Clarita selling over asking price? What type of financing are the homes selling with?

Pin

Many of our clients in Santa Clarita ask us “What is selling? What types of financing are the homes selling at? Are they ALL the homes selling over asking price?” Assuming data entry is correct in the MLS or close to correct here is your answer!

Real Estate for Santa Clarita- January 2013 Market Update- Is every home selling above asking price

Real Estate for Santa Clarita- January 2013 Market Update- Is every home selling above asking price

Last 30 days houses sold in Santa Clarita
356

Cash buyers 75
FHA buyers 51
VA buyers 11
Conventional buyers 194
Unaccounted for in random selections 25

Last 30 days type of closed sales
Standard closed 114
REO closed 29
Short Sales closes 213

Last 180 days closed homes for sale in Santa Clarita
Cash closed deal 381
Closed over list price 136 = 35%
Conventional financing closed deals 909

Closed over list price 326= 35%
FHA Closed homes 328
Closed over list price 185=56%

Last 365 days houses sold in Santa Clarita
3429
698 Cash
725 FHA
1703 Conventional
113 VA
17 Cal Vet
173 Random financing types or date errors

 

Total active homes for sale in Santa Clarita today
275
REO active 20
Standard active 216
Short sales active 39
Interesting indeed. Someone asked us yesterday they would be curious to know how many sales of the homes sold were over list price that were cash vs. conventional here in the Santa Clarita Real Estate Market. Thought we would take it upon ourselves to figure that out.
Keep in mind some of the conventional sales may include concessions to the buyer (money back for closing cost)

[gravityform id=”16″ name=”Contact Us”]

Pin
Is every home sold in Santa Clarita selling over asking price? What type of financing are the homes selling with?
Please use a valid email.
Please fill in all fields.
view now