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October 08, 2008

Fair Oaks Homes for Sale and July - September 2008 Statistics

Fair Oaks Homes for Sale

Fair Oaks Homes for Sale    

Of the 163 homes for sale in Fair Oaks, 28 are REO homes and 37 are short sales. That means 17% of the homes for sale are bank repos and 23% are short sales.

The least expensive home for sale in Fair Oaks is a 897 square-foot short sale on Admiral Avenue, which is listed for $159,900. The most expensive home for sale in Fair Oaks is a 9,815 square-foot home on Lemon Grove Lane, which is listed for $3,900,000.

To view the photos and details available for these homes, along with all other homes for sale in Fair Oaks, click Fair Oaks homes for sale.

Fair Oaks Homes Pending Sale

Fair Oaks Homes Pending Sale          

18 of the 38 homes pending sale in Fair Oaks are bank owned and 7 are short sales. That means 47% of the pending sales are bank repos and 18% are short sales.

Fair Oaks Homes Sold Between July and September 2008 vs. April through June 2008

Fair Oaks Homes Sold vs. Last Qtr        

Of the 127 homes that sold in Fair Oaks between July and September 2008, 62 were bank owned homes and 15 were short sales. That means 49% of the sales in Fair Oaks were bank repos and 12% were short sales.

The least expensive home that sold in Fair Oaks between July and September 2008 was a 1,047 square-foot bank owned home on Dewey Drive, which sold for $135,000 after being listed for $144,900. The most expensive home that sold in Fair Oaks between July and September 2008 was a 5,361 square-foot home overlooking the American River on Ridge Street, which sold for $1,190,000 after being listed for $1,450,000.

Fair Oaks Homes Sold Between July and September 2008 vs. July through September 2007

Fair Oaks Homes Sold vs. Last Year       

If you have any questions regarding these statistics or if you are interested in buying or selling a home in Fair Oaks, please feel free to call us at 916-728-1981, e-mail us at pat@patandalison.com or leave a comment below.

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