News from Paul & Mary Ann Durnell
A Newsletter about Tehachapi Area Real Estate
Volume 1 Number One	Dec, 2008
Info RE: Listings and Sales   Statistics

Within the Greater Tehachapi Real Estate market, residential inventory is currently up from a year ago, and the average residential home price is stabilizing. If you or someone you know is considering buying, selling, or relocating to anywhere in the world, don't hesitate to contact us immediately. We can assist BUYER'S in obtaining pre-qualification, so you know exactly what you can afford. We also can provide SELLER'S with a no obligation comparative market analysis so you will know before you list what you can expect to sell your home for. In addition, we will provide BUYER'S and SELLER'S with ESTIMATED cost sheets, in an attempt to minimize unwanted suprises at the end of escrow. Remember, YOU HAVE OF CHOICE. We would appreciate the opportunity to demonstrate why we are considered HIGH STANDARD REAL ESTATE PROFESSIONALS.

	RESIDENTIAL SALES INFORMATION

		2006 SALES: For the year ending December, 2006, the Multiple Listing Service (MLS) reported there where a total of 466 residential homes sold in the Greater Tehachapi Area. The average sale price was $319,772, and the median sale price was $299,000. Year ending 2006 there were 388 active residential listings. 2006 VACANT LAND SALES INFORMATION For the year ending December, 2006, there were 348 parcels of land sold. The average price was $88,468, and the median sales price was $58,000. Year ending 2006 there were 577 active vacant land listings. To the top of this page Mutiple Listing Service Statistics - Year to Date Dec 2007 as compared to Nov 2008 MLS Statistics – Y_T_D *Source: December 2007 TAAR Newsletter -Source: Paragon 4, As of November 19, 2008 Sold Statistics *Source: Paragon 4 Jan-Nov 2007 -Source: Paragon 4 Jan-Nov 2008 This information is not including For Sale By Owners or New Homes/Construction not participating in the Tehachapi MLS. Next Month....November Statistics! To the top of this page