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John Souerbry's Blog

By John Souerbry | Broker in Palo Alto, CA

Cordelia Home Sales In March 2012 (Fairfield, CA) 4/1/2012


Here are the sales numbers for Cordelia single family homes that closed escrow in March 2012.  There are few things to consider as we look at the numbers:

· 100% were distressed sales, either REO or short sales

· Average price per square foot was $124.04, smaller homes received the highest price per square foot

· Average time to sell was 95.4 days, smaller homes sold faster than larger homes

· It appears that many were purchased as investments (rentals)

· There are currently 51 homes for sale in Cordelia, of which 42 are already pending sale.

· Home prices in the neighborhood remain flat.

 

March 2012 Home Sales

 Cordelia home sale March 2012 Fairfield CA

DOM = Current Days On Market/Current Days + Any Days Previously Listed

Short Sale = Mortgage balance is greater than listing price, bank approval required for sale

REO = Bank-owned, foreclosed property

 

Check back next month for April sales or subscribe to this blog!  Thinking about buying or selling?  Contact me!  john@jsrealproperty.com

Visit Wine Country MLS Search to search the local MLS for properties of all types in Napa, Sonoma, Solano, Marin and Mendocino Counties.

Contact Us  for help buying and selling Cordelia and other Northern California real estate

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John A. Souerbry & Associates (DRE 01370983) john@jsrealproperty.com

Tags: Cordelia single family homes, Fairfield CA homes for sale, Cordelia homes for sale, Fairfield CA REO homes, Fairfield foreclosures, Fairfield CA short sales, Wine Country homes for sale, Fairfield real estate agents

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