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November Market Update

November Market Update

All numbers are as of today 12-2-2008 and are from the Bakersfield Multiple Listing Service under the category of single family residential (SFR).

3,780 homes active on the market      

1,463 of those are bank owned properties      

1,169 are "short sales" or pre-foreclosure sales      

1,295 are in escrow or pending sale (that is excluding anything that went pending prior to 9-1-2008)      

975 of those are bank owned properties      

151 are "short sales"      

and there were 448 homes sold or closed escrow in October 2008 with      

336 of those being bank owned and      

41 being short sales      

Have a great day!

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Contact Information

The Cope Real Estate Team
Keller Williams Realty
5601 Truxtun Ave #150
Bakersfield CA 93309
Fax: 661-670-5210

Jared Cope DRE# 01506193 | The Cope Real Estate Team