As of 1/17/2011, short sale Modesto statistics:
Active short sale residential income properties: 7
- Average days on market: 54
- Median days on market: 21
Active short contingent residential income properties: 13
- Average days on market: 122
- Median days on market: 89
Active short sale for single family homes: 341
- Average DOM/CDOM: 103/120
- Median DOM/CDOM: 74/92
Active short contingent for single family homes: 236
- Average DOM/CDOM: 133/144
- Median DOM/CDOM: 110/117
Compared to active status properties (not short sale):
Active residential income: 19
- Average DOM/CDOM: 174/220
- Median DOM/CDOM: 56/96
Active single family Modesto homes on the MLS: 501
- Average DOM/Cumulative DOM: 73/94
- Median DOM/Cumulative DOM: 42/54
Recent short sale experience / brain dump / mind transfer:
A "sing and thrive" moment --- for the short sales that actually made it to the finish line:
"It's amazing" by Jem --- http://www.pandora.com/music/song/jem/its+amazing
