Market Conditions Report – Fair Oaks

Fair Oaks has 140 active listings. Of the active listings 7 are short sales with 4 of them already having seller accepted offers and waiting for lender approval. There are 2 REO’s (bank owned) for sale. Home prices range from $238,000 for a 2 bed/1 bath to a 5660 sq ft home on .9 acre priced at $1,495,000.

There are 85 pending sales with average days on the market of 43. There are 180 sold listings in the last 3 months with average days on the market of 42. Average list price to sale price is an excellent (for the seller) 99.6%.