Disclaimer

The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist. The information on this website is meant soley for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation or any other potential appraisal-related purpose. The material found on this website is meant for casual reading only. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose, please contact us for more information. Thank you.

Quick Data: Antelope Foreclosures & Short Sales

September 17, 2009 in Market Trends | No comments

Quick data on Antelope, CA based on information provided in Sacramento MLS for detached single family residential properties:

There were 832 sales in Antelope within one year of 09/14/2009.
63% of these sales sold as “bank-owned”
20% of the sales sold as Short Sales
206 sales over the past 90 days
38 current Active listings
203 current Short Sale Active listings
112 current Pendings.

Interesting stuff. I typically run city-wide data like this for appraisal reports and then of course neighborhood-specific data for the market area boundaries for the property I am appraising (often times a certain subdivision). This helps me see both the overall market and then the smaller neighborhood in the context of the real estate market at large.

What do you think of the data? Does anything stand out to you? Do you think most buyers look at figures like this to determine the health or lacktherof in a community (before they buy)? Do buyers care? Comment above or call me at 916-595-3735 if you have any questions.

http://www.lundquistcompany.com/blog Quick Data: Antelope Foreclosures & Short Sales