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Valley Center Homes Sold March 2009

Valley Center Market Trends

As everyone knows, if you are looking at the current real estate market, there are several factors going on here.

The most frustrating being the Short Sale.  We commented on this a few weeks ago in our article, APPROVED Short Sales Increase in North San Diego County. 

So Lets take a look at what is happening in Valley Center with short sales.

Of the 108 current active listings only 35 of them are short sales.  That means you have 73 other homes ready, willing and able to accept your offer.

Of the current 56 pending listings, 19 of them are short sales, so that means that 37 Valley Center home buyers are sailing through an escrow right now with no need to get the approval of the lender on the home.

Of the 13 Sold listings only 2 were short sales.  We would like to see this number increase in the months to come.  I believe it will, based on the 19 pending short sales we are looking at in this chart today. 

Check back with us in May for the final story on April Statistics and see for yourself.