Thursday, April 03, 2008

I looked at the Pending Sales for March and how many were foreclosures and short sales.

For Homes/Condos/PUDs in SLO County:

28% of the TOTAL Pendings were foreclosures/shortsales. Those broke down to 65% foreclosures/35% short sales.

Here's where they were at-

Foreclosures
-------------
11 - Paso Robles
6 - Arroyo Grande
5 - Atascadero
5 - Grover Beach
2 - Pismo Beach
1 - Los Osos
1 - Morro Bay
1 - Nipomo

Short Sales
-----------
7 - Paso Robles
4 - Arroyo Grande
2 - Grover Beach
2 - Nipomo
1 - Atascadero
1 - Morro Bay
1 - Pismo Beach

For Homes/Condos/PUDs in Santa Maria/Orcutt:

74% of the TOTAL Pendings were foreclosures/short sales. Of these, the mixture was 65% foreclosure/35% short sales.