Most of you know that the Santa Clarita real estate inventory of homes for sale is quite low right now, almost approaching 600's. This is apparently holding true for the Tesoro Del Valle master planned community, which is located at the northern edge of Valencia.
I was browsing homes for sale in the Santa Clarita MLS, for a specific client, and was amazed to see that there was ONLY 1 home in Tesoro Del Valle that's actively for sale, that is a regular sale or foreclosure. I didn't even restrict the search to price, size, bedrooms, etc...I just queried for regular sales and foreclosures, and NO shorts sales.
Click here to view the sole, regular/foreclosure for sale in Tesoro Del Valle (it happens to be a foreclosure by the way).
What's even more interesting is that there are 39 Tesoro Del Valle homes in escrow! Amazing! So there is a lot of interest in these homes, and quite a few homes for sale - it's just that they're under contract! Click here to view details on these 39 Tesoro Del Valle homes that are in escrow.
And if you want one more factoid that's possibly a bit more interesting than the last - it's that of those 39 homes for sale in Tesoro Del Valle that are currently under contract and in escrow...28 of them are short sales!
The kicker - regular sales, and bank owned sales in Tesoro Del Valle, and Santa Clarita as a whole for that matter, are hard to come by! It's obvious that people en mass are writing offers on short sales. That happens all the time. True. But many of these escrows (of the 28) really will not turn into a real sale. It will end up back on the market, due to the buyer getting tired of waiting for the bank to approve/finalize the deal...and or it will come back onto the market as a bank owned home perhaps if the short sale bid fails - as too many do. Just because the Realtor takes the home off of the market, and puts it into escrow, does NOT mean that they have the short sale approved and, for that matter, the price they marketed the home at approved.
If you're looking for a way to find out the regular sales in Tesoro Del Valle, and bank owned homes in Tesoro Del Valle....before other buyers are even made aware of them, please give us a call, so we can give you somewhat of a competitive edge! It's obvious from the 39 homes with offers/under contract JUST in Tesoro Del Valle, and the minuscule active inventory of homes for sale in Santa Clarita - that there is quite a bit of competition for these homes out here...and possibly for the home you may be vying for.
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