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I looked at the Pending Sales for March and how many were foreclosures and short sales.

For Homes/Condos/PUDs in SLO County:

28% of the TOTAL Pendings were foreclosures/shortsales. Those broke down to 65% foreclosures/35% short sales.

Here’s where they were at-

Foreclosures
————-
11 – Paso Robles
6 – Arroyo Grande
5 – Atascadero
5 – Grover Beach
2 – Pismo Beach
1 – Los Osos
1 – Morro Bay
1 – Nipomo

Short Sales
———–
7 – Paso Robles
4 – Arroyo Grande
2 – Grover Beach
2 – Nipomo
1 – Atascadero
1 – Morro Bay
1 – Pismo Beach

For Homes/Condos/PUDs in Santa Maria/Orcutt:

74% of the TOTAL Pendings were foreclosures/short sales. Of these, the mixture was 65% foreclosure/35% short sales.

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