Tuesday, December 04, 2012

How Many of Those Active Listings are "Standard" Sales?

December 4, 2012
I have not been checking regularly on the number of the properties listed are "standard" sales. A property that is listed as a "standard" sale is one that (1) does not have a Notice of Default recorded against it; (2) is not bank owned (REO). I ran the numbers for the properties that are active listings. The percentage of properties that show as "standard" does seem to run to about one half to two-thirds of the listings. Here are the numbers.
Banning/Beaumont..........Active/189........Standard/138
Bloomington...................Active/16..........Standard/14
Colton...........................Active/36...........Standard/22
Fontana.........................Active/169.........Standard/106
Grand Terrace...............Active/12...........Standard/9
Highland........................Active/60...........Standard/39
Loma Linda...................Active/24...........Standard/16
Mentone.......................Active/8..............Standard/4
Moreno Valley.............Active/143..........Standard/71
Redlands......................Active/141..........Standard/114
Rialto...........................Active/70............Standard/35
San Bernardino............Active/270..........Standard/159
Yucaipa/ Calimesa.......Active/100..........Standard/70
There you have it. I will see how these numbers change over time.

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