Tag Archives: Orcutt real estate market

How Many Homes Were Sold in Orcutt in 2010?

Posted on January 14, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

It’s the beginning of a new year, so many people are waiting anxiously to hear how many homes and condos were sold in Orcutt last year, what the average sale price was, and how it compared to 2009.

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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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Selling Your Home as a Short Sale in the Santa Maria CA & Orcutt CA Market

Posted on July 6, 2008 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Short sales dominate the Santa Maria and Orcutt CA market. Simply put, short sales are sales where the owner owes more than the house is currently worth. Currently, 50% of the active listings in Santa Maria and Orcutt are short sales. However, 60% of the homes sold in the past 30 days are bank owned homes (REOs), and only 10% of sold homes in the last month were short sales. Continue reading →

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