Natural History Museum on South McClelland Street in Santa Maria, CAHow many houses are for sale in Santa Maria right now? I get this question all the time. Many buyers feel as if there are no houses for sale in Santa Maria. When I surveyed the MLS this morning, there were 163 houses listed for sale in the Santa Maria and Orcutt CA area. Of those 163 homes, 29 were foreclosures (REOs) and 45 were short sales. It is interesting to note that the average list price of the these active listings was $377,000, which is much higher than the average price of homes sold in Santa Maria in 2009 ($218,000), and also higher than the average price of homes sold in Orcutt in 2009 ($333,000). So, it appears that most of the available houses for sale in Santa Maria and Orcutt are at the higher end of the market. So, that may explain why most buyers feel as if there aren’t any homes on the market.
In addition to the 163 houses for sale in Santa Maria there were 162 contingent listings. Twenty were contingent REOs (foreclosures), and 138 were contingent short sales. A contingent REO is a foreclosure listing where the bank has verbally accepted an offer and they are waiting on the parties to complete the contract paperwork. A contingent short sale is a short sale listing where the owner has already accepted an offer and they are waiting on the bank to approve that offer so they can begin the escrow period.
If you are interested in buying a home in the Santa Maria or Orcutt area in the near future, please call me today at (805) 878-9879 to schedule a buyer consultation. Or, send me an email and request a list of available properties in the Santa Maria and Orcutt areas.
*Based on the information from the Central Coast Regional MLS. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.
In July 2006, Mint Properties opened an office in the Mission Creek Plaza on Santa Maria Way. Tni’s stated aim is to offer the highest quality representation and professional service to her clients. Independence affords her the ability to avoid a volume driven approach; the result is prompt, reliable, individualized service coupled with straightforward advice. Indeed, she brings the same level of professionalism to real estate as she did to the law.
Rice Ranch is a master planned commmunity of new homes and condos in Orcutt California. On Labor Day, I visited the models at Rice Ranch in nearby Orcutt, California. Rice Ranch is a master planned community which will have new single family homes, high end condominiums, and a 26 acre sports complex and community park. The Orcutt California community will have over 300 acres of preserved open space. After viewing the master planned community, “Summerlin,” in Las Vegas over the Labor Day weekend, I was sold on the concept of a master planned community and curious to see how Rice Ranch was turning out.
This may be a taboo subject, but it is a question I am asked all the time when acting as a buyer’s agent. I know everyone has different feeling about death, but it is peculiar to me that when you ask most people where they would prefer to die, they usually say at home. Yet, many people feel like they don’t want to purchase a home in which someone has passed away.
