In the past 30 days, home buyers in Santa Maria paid $220,930 for a home in Santa Maria, and an average of $146 per square foot. Looking at the past 6 months (since the beginning of the year), the average was slightly lower at $217, 911 and $143 per square foot paid. Indicating that prices have increased slightly (probably due to the tax credit crowd). In the Orcutt area (93455), the average paid for a home in the past 30 days was $313, 582, and $186 per square foot. And in the past 6 months, the average was much higher at $328,255, indicating a decrease in prices in the higher cost Orcutt area.
*Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor 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.
Today's information is encouraging. As reported in the MLS, currently in the Santa Maria and Orcutt areas, there are 720 homes on the market, 127 homes that are pending or contingent, and in the past thirty days, 73 homes sold. So, the market is still moving at a steady clip. Inventory had fallen below 700 homes at one time, so it has edged up, I believe in anticipation of the upcoming spring buying season.
Cash Offers. Banks love cash offers. Why? Because they can close quickly and without any requests for repairs from a buyer. What is the down side to a cash offer from a bank’s point of view? Cash offers tend to be lower than financed offers.