Market Update through the end of October 2011. Please note that the Valley Wide graph represents all of the MLS.

(you can click on the chart to see a bigger version)

This chart shows you the percentage of distressed properties that are being listed and sold.

• Short Sales represent 29% of the Closings for October (compared to 26% in September)


• Short Sales represent 37% of the active Listings currently on the market.


• Distressed Sales (Short Sales and REOs combined) accounted for 64% of the total sales for October.


• The listing success rate for Short Sales is 60.0%!