Yes, homes and other properties DID sell in Auburn in 2009. From an agent’s standpoint, the business of real estate felt slower until Fall, then things started jumping like mad! I know from my own business that every single sale was a lot of work — always gratifying, but whew! The start of real estate in 2010 is moving right along!
Just so you know … Days on Market is the number of days the property was Active; i.e., available for sale and not under any sort of a purchase contract. Sometimes, especially where short sales are involved, a property may go in and out of Active status, however once a contract is fully signed by both the Buyer and the Seller, the property is “Pending” and the time during which the bank considers the sale does not affect the Days on Market.
Obviously the bulk of closed sales was for single family homes. So who sold these houses and why?
41% of the closed sales were from Short Sales and Bank-Owned homes. The good news: Almost 60% of closed residential sales were from private sellers!! YES, you CAN sell your house!
Information for these charts and graphs was manually compiled (by me) from the Northwest Multiple Listing Service and is for properties with Auburn addresses. Data for your individual neighborhood will be different and you’ll want to know exactly what’s going on around your own home when you consider selling.
Please remember that I specialize in Houses & Condos, buyers and sellers, and especially short sales! Interviewing for a progressive, knowledgeable, tenacious agent to buy or sell? Don’t hesitate to give me a call.