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I did further analysis on the Pending Sales in April. Here’s how they broke down:

Stick built, Condo, PUDs

SLO County
232 non-foreclosure
69 foreclosure

Of the 69 foreclosures, 52 were REO and 17 were Short Sale

The REOs broke down as:
Paso Robles – 20
Atascadero – 10
Nipomo – 4
Grover Beach – 4
San Miguel -3
Pismo Beach – 3
San Luis Obispo – 2
Oceano – 1
Templeton – 1
Cambria – 1
Los Osos – 1

Short Sales:
Paso Robles – 7
Nipomo – 3
Oceano – 2
Atascadero – 1
Bradley – 1
San Miguel – 1
Shandon – 1

For Santa Maria/Orcutt:

156 non-foreclosure
114 foreclosures

The foreclosures were
101 REOs
13 Short Sale

In addition, there were 27 Pending Sales for Residential Manufactured Homes (in parks and on acreage)

Written by Keith Byrd - Go to Keith's Website/Profile