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Auburn Calif April 2009 Marketing Report

By
Real Estate Agent with Re/Max Gold

The town of Auburn offers affordable residential living with 124 active single family home listings ranging in price from $105,000 for a 1 bed/1 bath 580 sq ft home to a 5,875 sq ft home on .56 acres in Canyon Rim for $1,786,000.  

There are 27 pending sales with average days on the market at dropping to 87. 

There were 42 sold listings in the last 3 months with average days on the market of 108.  List to sales price increased to 96.3% 

The rural areas in and surrounding Auburn include the areas of Loomis, Newcastle, Penryn, East Lincoln, Meadow Vista, Colfax, Weimar, Foresthill and South County of Nevada County. There are 381 active listings on acreage which is a decrease of 27 from last report.  Price ranges from $164,800 for a 2 bed/1 bath home on 2 acres outside of Auburn to $6,900,000 for a 3000 Sq Ft home on 1,047 acres in Foresthill. 

There are 58 pending sales with average days on market of 88. 

There are 87 sold listings in the last 90 days with average days on the market of 80.  List price to sales price has remained steady at 95%, showing buyers are stepping up to the plate and getting good deals.

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