Orcutt and Santa Maria Real Estate Market Update 🎄 December 2021
Orcutt and Santa Maria Real Estate Market Update 🎄 December 2021
As we make the final push towards the end of the year, let’s go through the November review, and talk about the real estate market, for the Orcutt and Santa Maria area.
✅ In Orcutt in November, we had a 28% ⬆️ increase in sales price year over year compared to last year. The average sales price we’re sitting at 683,000, and last year it was 532,000. Days on the market dropped ⬇️ 30%. Last year, it took 27 days to get into contract, and this year we’re looking at only 19 days to get into contract.
📆 Currently, we have 32 properties on the market in Orcutt.
✅ For Santa Maria in November, we had a 24% 🔺 increase in price year over year compared to last year. So last year, the average sales price was 458,000, and this year we’re looking at an average of $570,000 to purchase a home in Santa Maria, California. Days on the market dropped a whopping 🔻 43%. Last year it took us 21 days to go pending, and this year we’re looking at only 12 days on the market before a house actually goes under contract.
📆 Currently, we’re sitting at 21 active properties available in the Santa Maria area.
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