Bellalago Sales Updates

     Taken from What's Gnu Down Pleasant Hill Rd, E-Newsletter.
    The e-newsletter is emailed out every month to over 5000 people not only in Bellalago but, world-wide.

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                                                 BELLALAGO UPDATE 

    As of Dec 18th there are 39 homes listed forsale on the MLS, that marks an all time low.  The listed prices range from110,000 to an unrealistic $650,000. So, if we remove the Dreamers listings we have35 realistically priced homes for sale. From those 35 homes available, 5 areForeclosures and 26 are short sales.

   In the last 60 days there have been 15 sales via theMLS. Only one of those was a Venezia model, that was listed at $177,900 andSold for $210,000, which makes that $67. per sq. ft.

   The rest of the 14 homes that soldin the past 60 days were not Venezia models and the average price persquare foot is $71. This may be a bit of micro analyzing. However, the Veneziamodel in Bellalago has taken the biggest hit in the community. Some look at itas out of place here. So where as the Venezia models have dropped in price persq. ft. The rest of the models have increased slightly in price per sq. ft.
   So, far since Jan. 1st there have been 128 sales in Bellalago. 128homes now have new owners. That's probably 128 people that wanted to buy herein 05-06 and just could not afford it.
    Like me there are still a few of us here that arecelebrating our 8th year in Bellalago. Wow, time does go by fast.


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  • 10/1/2008 Paul wrote:
    As posted in my Monthly E-Newsletter. Not on the list? Just email me and I will add you. Info@PaulAntonelli.net

    As of today, SEPT. there are 104 homes listed for sale on the MLS.
    From those 104 homes, 47 are Short Sale or Pre-Foreclosure, 13 are in Foreclosure, Bank Owned or Corporate Owned.
    Since July 1 there have been 10 sales via MLS. July had 3 sales with the avg. p.p.sq.ft of $94. and took an average of 3 months.
    August had a whopping 7 sales. Avg. price p.sq.ft. of a surprising $100. the average of 131 days on the market to get them sold.
    As of today in Bellalago. it has been over one year and nothing has sold over $398,000.
    Reply to this
  • 1/14/2009 Paul wrote:
    BELLALAGO UPDATE
    Today there are 123 homes listed for sale on the MLS. The listed prices range from 119,900 to an unrealestic $649,000.
    From those 123 homes, 79 are short sale or pre-foreclosure. And 24 are actual bank or corporate owned properties. This is The largest amount of foreclosures we have had to date.
    In the last 60 days there have been 14 sales via MLS. Most of the homes sold were 3 bedroom homes ranging approx 2200 sq ft.
    Sale prices range from $260K down to $135K. With a new average low of $81 per sq. ft., the range of days on the market for these homes goes from 7 days to a whopping 422 days on the market.
    The good news is that more sales mean that more homes are becoming occupied.In recent weeks reports show that more first time home buyers are buying up property, living the American Dream.
    Reply to this

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