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Mountain House CA -- is HOT HOT HOT!!!

Attention Buyers! Mountain House is HOT HOT HOT.

If you are a buyer driving around looking for a house, calling on signs, waiting for a Realtor to call you back, it'll probably be too late to buy THAT house.

There are 96 homes on the market and 41 Pending 20 sold in the LAST 30 days -- this includes Short Sales....

NOW -- if we take out the short sale - 32 Active Properties -- and 41 Pending - 20 Sold.

50% of the sold homes SOLD in the first 30 days at 99.85% of the Asking Price

Another 25% sold in the next 60 days at 105% of Asking Price. The higher than average probably has to do with Concessions with Conventional/FHA buyers and the 30 days or less buyers were most likely cash buyers.

Average Sale price is $321,000 and average square footage is 2,678.

If you're just looking at neighborhoods - look away -- when you get SERIOUS about buying call me!!

Posted Thursday Feb 05