Orcutt Homes – Cobblestone Creek Update

Orcutt Homes – Cobblestone Creek Update

Cobblestone Creek is community of newer homes for sale in Orcutt; it is near Stillwell Road and the Clark Avenue exit off Highway 101.  Most of the homes were sold new during the height of the housing boom, so many if not most of the current and recent sales in the development are foreclosures or distress sales.  In the past 6 months, there have been 3 sales in the Cobblestone Creek development, 1 was a HAP sale (military relocation), 1 was a foreclosure, and one was a short sale. The average sale price was $395,967 with $185.28 per square foot paid and 91 days on market.

Santa Maria Homes $300,000 – $350,000

At present, there are no active listings in Cobblestone Creek, indicating that this neighborhood still has a great deal of appeal for buyers.  There is currently one pending home sale in Cobblestone Creek in Orcutt (and it is a short sale), and one contingent short sale.  So, the majority of homes in the Orcutt Cobblestone Creek development are distress sales at this time.  The contingent short sale is 2107 square feet and has an asking price of $359,000.  The pending home is about 1600 square feet with an asking price of $325,000.  Nearby developments include Jensen’s Crossings, Mesa Verde, the Enclave at Harp Springs and Rice Ranch.  If you are looking for a home in one of these Orcutt developments, call me today for an appointment (805) 878-9879.

Tni LeBlanc, Mint Properties
www.MintProperties.net

*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.

Copyright © Tni LeBlanc 2010*Orcutt Homes*

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