Tag Archives: Orcutt condos

Knollwood Terrace Condos in Santa Maria, CA — Real Estate Market Update

Posted on July 8, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Knollwood Terrace Condos in Santa Maria, CA — Real Estate Market Update The Knollwood Terrace condos are a cluster of condos in Orcutt, located off of South Bradley Road and East Foster Road.  Low HOA dues include water, trash, insurance, … Continue reading →

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Orcutt Real Estate: Orcutt Condos For Sale & Market Update

Posted on October 2, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Are you in the market for a condo in Orcutt CA (93455)? There are currently 57 condos listed for sale in the Orcutt real estate market. The average price is about $179,500 and sellers are asking about $132 per square foot for condominiums. Continue reading →

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Santa Maria Real Estate – Santa Maria Condos For Sale & Market Update

Posted on October 1, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Are you in the market for a condo Santa Maria CA? There are currently 98 condos listed for sale in the Santa Maria real estate market. The average price is about $170,000 and sellers are asking about $124 per square foot for condominiums. Continue reading →

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2010 Snapshot – Orcutt Foreclosure Market Update

Posted on September 27, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There are 295 active and pending homes and condos in the Orcutt zip code of 93455. Of those 295 properties, 41 homes are foreclosures (13.8%) and 113 are short sales (38.3%). So currently, over 50% of the Orcutt market is either a bank owned property or a short sale. Average asking price overall was $337,392, asking prices for foreclosures was significantly lower at $256,678, and for short sales it was $269,678.

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Can I Buy a Santa Maria Condo with FHA Financing?

Posted on January 28, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Can you buy a condo in today’s market with FHA financing? The answer is yes you can, but it is very difficult lately. Fannie Mae enacted guidelines which have impacted the condo market tremendously. These guidelines were meant to encourage owner occupancy and stability in condo associations but in many instances they have ended up penalizing associations not already in conformance with those guidleines and making all but impossible for them to ever conform. Continue reading →

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Orcutt View Park Townhomes, Old Orcutt CA Condo Update

Posted on December 30, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Nestled between May Grisham Elementary and Highway 135 is a strip of cute little townhomes known as the Orcutt View Park Condos. These homes offer 3 bedrooms, two baths, a one car garage, and a birds eye view of community sporting events held in the sporting fields next to the school. They are about are about 1400 sq. ft. in size and the association dues are about $180 per month. Most of the townhomes offer a small patio and backyard. For those who wish to commute to Vandenberg AFB, the location is ideal; the commute time is about 15 minutes to the main gate. Continue reading →

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Mission Creek Village Condos vs. Oak Creek Villas (Santa Maria CA & Orcutt CA Condos)

Posted on February 9, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The Mission Creek Condos and Oak Creek Villas were built by local builder, Inland Pacific, who is also currently finishing up Pacific Crest in Westgate Ranch. Oak Creek and Mission Creek offer the same basic floor plans and amenities; however, … Continue reading →

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Orcutt CA Condo Foreclosure Market Update (REOs & Short Sales)

Posted on September 16, 2008 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There are approximately 34 active or contingent condo listings in the Orcutt CA area, and the average list price centers around $220,000. This does not include HUD properties, which are not listed on the MLS, or for sale by owner units. The most expensive Orcutt condo currently listed is a 2 bedroom 2 bath luxury townhome unit in Foxenwood Garden Villas which is selling for about $699,900. Contrast those prices with the nearby Santa Maria condo market which has about 52 active or contingent listings with an average price around $140,000, with the most expensive being a luxury townhouse in Somerset Gardens listed at $385,000. Continue reading →

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