Fullerton Real Estate – October 2009 Sales Stats – Not Too Much Has Changed….

Anyone that has been actively searching for a home in Fullerton (especially their first one) knows exactly what I am talking about.  Inventory is still VERY low in Orange County.    Fullerton Real Estate seems to be in especially high demand, see for yourself!

Fullerton Home Sales October 2009

The Fullerton homes that are in the highest demand are the ones that are less than $500,000.  These homes can command dozens of offers!  Trust me, I know, I had to really jump through some hoops to get an offer accepted for a buyer on a great craftsman home in Downtown Fullerton. There were 48 offers!  Yes, 48! Check out the stats on Fullerton homes that are less than $500,000.

October 2009 Fullerton Home Sales under $500,000

I know you can read but this graph shows the activity for Fullerton Homes that were priced below $500,000 in October 2009:

• 116 homes listed in Fullerton
• 99 went into escrow
• 75 closed

Look at October 2008!  There were three times the listings and about half the sales of October 2009!

I am guessing that most of the ones that did not go into escrow were most likely short sales that received multiple offers but the agent just never changed the status of the listing to reflect this.What does this mean?  It means that buyers are having a tough time right now.  If you are thinking of moving up, this is a great time!  There is a lot more inventory for the move up buyers. You may now even qualify for the extended tax credit.

If you have questions about Fullerton Real Estate, the Tax Credit or anything at all, I would love the opportunity to answer your questions. It is a crazy market right now and you need to be sure to ask someone who knows!