 Westminster Short Sale Experts |
This residential short sale real estate study is generated by the specialists at the ShortSalesASAP group, who are experts in short sale negotiations, marketing and sales for property owners in Westminster and elsewhere in Orange County. The two tables below show statistics for properties Active for Sale, Pending in Escrow, and Sold in the past 90 days, for both detached homes and attached condos, and highlights the stats for Short Sale properties. The values of median price and price per square foot are used for they are more accurate indicators of property values as compared to Average prices.
| Detached Homes – Status | # of Homes | % of Total | Median Price | $/SqFt |
| For Sale – All Listings | 89 | 100% | $475,000 | $312 |
| For Sale – Short Sales | 28 | 31% | $420,000 | $283 |
| In Escrow – All Listings | 90 | 100% | $419,000 | n/a |
| In Escrow – Short Sales | 56 | 62% | $399,000 | n/a |
| Sold – All Listings | 98 | 100% | $430,000 | $289 |
| Sold – Short Sales | 25 | 26% | $420,000 | $262 |
| Attached Condos – Status | # of Condos | % of Total | Median Price | $/SqFt |
| For Sale – All Listings | 23 | 100% | $388,000 | $288 |
| For Sale – Short Sales | 7 | 30% | $399,900 | $238 |
| In Escrow – All Listings | 29 | 100% | $282,000 | n/a |
| In Escrow – Short Sales | 22 | 76% | $275,000 | n/a |
| Sold – All Listings | 32 | 100% | $315,000 | $238 |
| Sold – Short Sales | 14 | 44% | $265,000 | $210 |
As can be seen in the above table for Attached Condos, 76% of the Pending in Escrow listings are short sales, but only 44% of the properties sold in the past 3 months were short sales. This illustrates that short sales have been failing at a very high rate. This is caused by the fact that many agents do not have sufficient training and experience in order to close these complex transactions with a high rate of success. The expert Realtors at ShortSalesASAP group close over 95% of their short sale listings, and are ranked #1 in Orange County is closed short sale volume. For more questions about short sales, or if you owe more than your home is worth, please feel free to contact us at: (949) 683-2747, or email us at: Info@ShortSalesASAP.com. Visit our website for more information about the www.WestminsterShortSaleExpert.com
We are not the FHA, VA, USDA, HUD or any other government organization. The content on this blog is intended for information purposes only. 
