Tuesday, January 12, 2010

North Highlands market statistics

I went into the MLS today and pulled up the market data for HOMES FOR SALE IN NORTH HIGHLANDS CA. There are currently 135 active listings in the 95660 zip code.Out of the 135 listings, 12 are bank owned listings. Thirty Three are short sale listing and 60 are short sale contigent listings. That means these 60 short sale listings allready have offers on them. There are just 30 listings in NORTH HIGHLANDS CA that are not either a short sale or bank owned listing. The average price per square foot is 97 dollars per sq. ft. The lowest listed home right now is $69,900.0 and the highest listed home is $239,000.0. There are currently 72 pending homes for sale on mls right now with the lowest at $59,900.0 and the highest at 249,000.0. There have been 127 homes sold in NORTH HIGHLANDS CA the last three months. That is an average of 42 homes sold per month.The average price per square foot for these sold homes comes out to 99 per sq ft. That means there is a 3.2 months supply of homes for sale in the 95660 zip code. There definatly a difference in prices between the short sale listing and the so called normal listing. The average price per sq ft of the 33 short sale listings is 101 per sq. ft. The average days on market is 70 with an average list price of $113,000.0 The average price per square foot of the 30 normal listings is 121 per sq ft. The average list price is $153,000.0. The average days on the market is 43. You can see by these statistics that if can work on a house, you will save money buying a distressed house in NORTH HIGHLANDS CA.

Wednesday, January 6, 2010


I was on the CITRUS HEIGHTS MLS today looking over the statistics for the zip code of 95621. I found out that there are currently 158 active listings. Out of the 158 actives, there are 61 active contigent listings. These are the short sale listings that do have offers on them. The average list price per sq. foot is 132.0. Out of the 158 active listings, 24 are bank owned listings and 44 are short sale listings. There are 60 pending HOMES FOR SALE IN CITRUS HEIGHTS CA RIGHT NOW.The lowest pending sale is 99k and the highest pending home sale is 305k. There have been 140 homes sold in the last three months. That is an average of 46 homes sold per month. This data is telling me that there is a 3.4 MONTHS SUPPLY OF HOMES FOR SALE IN CITRUS HEIGHTS CA. Since the average price per sq foot of actives is 132 per sq ft. and the average price per square foot of pendings is 127 per sq ft. This data definatly shows there is no downward pressure on prices in CITRUS HEIGHTS CA. If anything it looks like there is a small upward pressure on prices. The supply of homes is only 15 more than September's supply of homes. The housing market traditionally slows down starting in October so the supply really hasnt increase alot.
I would say given the fact that home buyers get a tax credit and the supply of homes isnt increasing tremendously, 2010 looks like a perfect time to buy a house. If a person needs to search for homes they can go to www.rocklinsacramento.com.