Vandenberg Village homes Archives | Vandenberg AFB Homes

2009 Lompoc CA and Vandenberg Village CA Real Estate & Foreclosure Market Update

January 27, 2010
Vandenberg AFB Homes
Foreclosure / Bank Owned (REO) Info, Lompoc / Vandenberg Village

There were 360 single family homes sold in the Lompoc and Vandenberg Village in 2009. This excludes manufactured home sales. This figure is down approximately 10% from the 401 homes/condos that were reported sold in 2008. Of the 360 homes/condos sold in 2009, 305 were single gamily detached homes, and 55 were attached/condo dwellings. 217 of the sales were foreclosures (REOs) and 50 were short sales.

Lompoc CA & Vandenberg Village CA 2008 Market Update & MLS Listing Search

There were a total of 400 homes sold in the Lompoc and Vandenberg Village areas in 2008. 346 were detached dwellings, and 54 were attached residences. Of the 400 sold, 226 were REOs (bank owned) and 31 were short sales. So, a total of 257 out of 400, or 64% were foreclosure related sales. Thus, the Lompoc market is thoroughly dominated by foreclosure activity; it is the primary force moving the market.

Lompoc CA & Vandenberg Village CA Homes For Sale

Currently, there are 184 homes for sale in the Lompoc and Vandenberg Village CA areas. Of those 184 homes, 86 are short sales, and 37 are bank owned properties. So, 45% of the market is short saled and 20% of…