Deer Ridge, Brentwood Market Update July 2010
July 27, 2010 by Tom Schieber
Filed under Blog, Featured Posts, Market Update
Deer Ridge in Brentwood, located at the southwest corner of town and consisting of homes on and around the Deer Ridge Golf Course, continues to be a high-demand area for home buyers and investors looking for great values in East Contra Costa County.
There has been an increase lately in the number of homes for sale in Deer Ridge in Brentwood. There are currently 12 homes for sale in the neighborhood, with an average list price of about $421,000. The highest list price among active listings is $575,800 for a bank owned property on Spanish Bay Drive with over 4,800 square feet of living space. The lowest priced listing in Deer Ridge is at $325,000. Seven of the 12 properties offered are potential short sales, two are REO (Bank Owned). You can download the list of homes for sale in Deer Ridge below, or search for them in real time here.
There are 34 Pending Sales in Deer Ridge, with an average asking price of $357,000. The highest list price among pending sales is $520,000 for a potential short sale property on Myrtle Beach Drive. The lowest priced pending sales are a couple of short sale listings at $250,000. There are four bank-owned homes pending and 28 transactions are potential short sales. The other couple of pending sales are traditional sales or investor flips.
There have been only 5 Closed Sales in Deer Ridge in the past 30 days – an alarmingly low number for the height of the summer market in Brentwood. Three of the five closed sales were successful short sales – however they took on average about 160 days to close escrow. Download the details on all these Deer Ridge, Brentwood, CA properties below.
Click to Download Deer Ridge June 2010 Homes For Sale/Pending/Sold (25.1 KiB, 16 hits)
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