2018 Santa Maria CA Mid Year Real Estate Market Update
City of Santa Maria City Hall
Santa Maria, Ca
Jan – June 2017
Jan – June 2017
Homes Sold
235
221
Average List Price
$357,252
$365,749
Average Sales Price
$352,613
$362,498
Days on Market
43
36
$ Per Square Foot
$218
$239
Foreclosures
3
0
Short Sales
5
2
If you are considering selling your Santa Maria CA home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment. If you are interested in buying a home in Santa Maria CA, I will be happy to assist you and provide a list of available homes in Santa Maria CA and the surrounding area.
Tni LeBlancis an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) and Short Sale and Foreclosure Resource Agent (SFR) serving Santa Maria, Orcutt, Lompoc, Nipomo, and Arroyo Grande on the Central Coast of California.
* Stick built SFRs & PUDs. Zip codes 93454 & 93458. Based on the information from the North Santa Barbara County 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 real estate market. School district boundaries are subject to change and must be verified with the appropriate authority. Nothing in this article is intended to solicit listings currently under contract with another broker. This article offers no legal or tax advice and is for information purposes only. Information deemed reliable but not verified or guaranteed by broker. Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.
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.
Short sales are common these days. Santa Maria has 255 active short sale listings, Lompoc lists 72 short sales on the market, Nipomo has 14, and Arroyo Grande also has 14 active short sales. The difficult part is obtaining “lender approval” which adds delays to the process. Because approvals attach to a specific buyer, it is vital to find a committed buyer for your short sale. Often lenders require the process to start over if the buyer abandons their offer. This can draw out the process even further. But it is important to note that short sale transactions are closing all over the Central Coast. In the month of December, 18 short sales closed in Santa Maria (2 of these were my listings), 2 in Lompoc, 2 in Nipomo, and 1 in Arroyo Grande.
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.
