Weekly Central Coastal OC Short Sale Update – March 15, 2011

Here’s a look at the inventory in Costa Mesa, Newport Beach, Huntington Beach, and Laguna Beach. Click here for more information about foreclosures and short sales. Below is a look at the number of homes identified in the MLS as being ‘short sale offer submitted,’ ’short sale/subject to lender approval,’ These homes are currently either active listings, accepting backup offers or pending sales.

Costa Mesa: 135 total homes listed as in the above categories

Huntington Beach: 313 total homes listed as in the above categories

Newport Beach: 107 total homes listed as in the above categories

Laguna Beach: 51 total homes listed as in the above categories

Please note that these numbers only reflect what is reported in the SoCal Multiple Listing Service. We will continue to follow the numbers and share the changes in the local Orange County real estate market. Please comment or contact us if you’d like additional information.

Click here to read for the current foreclosure market update.

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