August Market Update
Thursday, September 03, 2009
by The Cope Real Estate Team
All numbers are as of today 9-3-2009 and are from the Bakersfield Multiple Listing Service under the category of single family residential (SFR) listed in Bakersfield (BA).
1,192 homes active on the market
277 of those are bank owned properties
349 are "short sales" or pre-foreclosure sales
687 are contingent (waiting on an approval, signature, etc... to become pending
1,221 are in escrow or pending sale (that is excluding anything that went pending prior to 6-1-2009)
583 of those are bank owned properties
271 are "short sales"
and there were 568 homes sold or closed escrow in August 2009 with
332 of those being bank owned and
76 being short sales
Please feel free to call or email for any more detailed information on your neighborhood!