Focus On North Vandenberg Village

This week the wheel makes another complete turn, and we're back to the beginning of our neighborhood focus cycle with a look at activity in North Vandenberg Village. For some background on the area, go back and check out my first post on it from last year.

This has been a relatively light activity area for a while, and things haven't exactly picked up over the past few months. We have a total of 8 active listings on the market here as of this afternoon (2 REO's, 2 short sales, and 4 traditional). That's essentially unchanged since I last reported on the area in June. Sales activity has been modest. We currently have 4 contingent sales (all short sales) and 2 pending listings (1 REO & 1 trad).

The past three months have seen 6 sales in the area (3 REO & 3 trad). That's not a lot, really, but it's not too bad considering the low inventory level. We appear to have a little more activity on distressed properties now than we had this summer. It's a little hard to nail down a price trend there on these numbers, especially given that the area is varied in price and size of houses. It does appear that some of the recent sales that we've seen were a little more in need of some TLC, so that might be bringing things down slightly.

Next week I'm not sure what I'll be posting for my mid (OK, late) week post. It's Thanksgiving weekend, so maybe it'll just be some ramblings from a drunk and bloated middle-aged guy. Kind of like your crazy uncle that no one wants to sit next to at Thanksgiving dinner. Or maybe I'll come up with something good. You'll just have to wait to find out with me.