BAP Blog Brookside Market Update for October 18, 2010
Brookside Market Update for October 18, 2010
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October 18, 2010, by Ken Hazelet

There are currently 60 Brookside homes on the market with an average of 113 days on market and an average price per square foot of $240.27.  Of those 60 homes, over half (31) are short sales.  Short sales are becoming more and more popular as declining values are putting people upside down on their mortgages.  Short sales are more difficult because the lender must be persuaded to take less than the outstanding balance for the sale to be successful.  Be sure to work with a Realtor that is experienced and certified in foreclosure alternatives. For more information on foreclosures go to www.stocktonforeclosurehelp.com

 

Over the last 30 days 4 homes have sold.  Two of them were on the market for less than 30 days, one was on the market for 67 days and one for 148 days.  The average sales price was $199,000 or $144.95 per square foot.  More information on the housing market can be found at www.StocktonRealEstateOnline.com  or I can answer your questions, give me a call at 209-781-5403 or email me at ken@kenhazelet.com.


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