Here are the closed sales during the month of October in Eagle Rock*:
Here's what you need to know about these numbers:
- October of 2010 there were 10 sales (compared with 15 October sales this year, an increase of 50%)
- The average sales price in October 2010 was $491,556 (compared with 386,537, a decrease of 21%)
- In October 2010, two of the sales were short sales, and one was an REO. This year there were five distressed sales (1 short sale and 4 REOs). That's actually roughly the same percentage - 30-33% of closed sales are distressed properties.
*Single-family home sales in the 90041 zip code only.
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