Monday, October 3, 2011

Buyer Demand for Distressed Properties at Irvine CA Real Estate

BUYER DEMAND FOR DISTRESSED PROPERTIES 

While helping Irvine CA distressed property owners to AVOID FORECLOSURE and do SHORT SALES, we pay attention to buyer demand at IRVINE CA REAL ESTATE.

773 Irvine homes are listed for sale on the market today - average list price of $874k.

  • 36 Irvine homes now listed are REO bank owned properties - 5 percent of market 
  • 177 Irvine homes now listed are SHORT SALES - 22.8 percent of market 
  • 560 Irvine homes now listed are EQUITY SALES - 72.4 percent of market

Buyer demand for Irvine homes the past 30 days - (9/1/2011 to 10/1/2011)

  • 136 Irvine homes have sold with closed escrows - average sold price of $642k
  • 14 Irvine homes sold were REO bank owned - 10.2 percent of sold market - average price of $424k
  • 40 Irvine homes sold were SHORT SALES - 29 percent of sold market - average sold price of $553k 
  • 82 Irvine homes sold were EQUITY SALES - 60.2 percent of sold market - average sold price of $754k

IRVINE CA REAL ESTATE

If you are an Irvine or Orange County CA distressed property owner, CONTACT US for information about AVOIDING FORECLOSURE and how to do a SHORT SALE.  

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This is information for home resales from CRMLS link and does not include that for new builder homes or FSBOs  -  Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

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Contact us about listing and selling of homes and properties at IRVINE CA REAL ESTATE.  

Posted via email from Explore OC Homes

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