Looking at today, September 1, 2009, Amador County has 451 current active residential listings of homes for sale, forty-eight less than the 489 on August 1 and thirty-eight less than the 479 on the first of July.
These listings have an average asking price of $ 370,218 down about eight thousand dollars from the $378,356 on August 1st, and about seven thousand down from the July first average of $367,624.
The average number of days on market for these listings is 201 days, down 21 days from August first’s 222 day average
In the last month Amador County has had 61 new listings and 27 listings have sold.
Five Listings tie for the median priced house for sale in Amador County. Three in Pioneer, one in Sutter Creek and one in Ione. Each is offered for $ 279,000. That median price is down $20,000 from last month.
The lowest priced home for sale in Amador County is a 2/2 manufactured home in Meadow Pines Park, Pioneer. This home is on almost a third of an acre, with storage buildings and room to garden. Space rent is $490 /month Water is $34.96 and septic is $18.50. This park allows children.
The highest price home in the area remains this month, the “turnkey operation”-producing producing vineyard in Fiddletown, on over 137 acres with a 3250 square foot 5/2.5, with an asking price of $5,100,000.
At the rate of sales last month, it would take 17 months to deplete the current Amador County Real Estate inventory. This is often looked at to decide basic market trends. The National Association of Realtors sometimes define a market with over six months of inventory as a “buyers market”. Up here in the foothills inventory is often somewhat slower to move. Nonetheless, with almost a year and a half of inventory, buyers that are ready, willing, and able, should have their pick.
Amador County Real Estate awaits you.
If you would like to talk about your specific real estate needs, please feel free to zap me an email or drop me a line.
Read more Market Reports.