Clearlake Oaks...Spring Valley Homes...by Hank Montgomery Realtor/General Contractor

By
Real Estate Agent with Century 21 NorthBay Alliance

Clearlake Oaks...Spring Valley is a small community and a part of the larger community of Clearlake Oaks. Spring Valley is a rural sub-division with lots averaging over ½ acres. Spring Valley is known in Lake County for having some of the most affordable developed acreage in the county. This rural sub-division features paved roads, water system, power, phone lines and unlimited recreational opportunities.

 

Increasingly, one of the more significant features of Clearlake Oaks...Spring Valley Homes is its affordability. The dramatic decline in Real Estate values has made the Spring Valley area a true Real Estate bargain.  Sold prices have been relatively stable over the past year or so. Yet, these prices are anywhere from 50% to 33% of what they often sold for just 3 or 4 years ago. In Clearlake Oaks...Spring Valley many of these homes sit on ½ acre.

 

Below, you will find a Market Report for the Clearlake Oaks...Spring Valley area. This report covers the First Quarter of 2010 and all Four Quarters of 2009.

 

My purpose here is to give you the numbers associated with the Clearlake Oaks...Spring Valley real estate market. The most important thing to note is that homes are selling! There are buyers in the market place and they want to buy homes...but they want a good deal. Homes must be priced competitively and if they are...they will sell.

 

If you need help finding a home or pricing your home to be competitive in today's market give me a call at 707.293.6776 or send me an email at HankMontgomery@Century21.com

 

MARKET REPORT

SPRING VALLEY

First Quarter 2009

 

January 1, 2009 to March 31, 2009

 

Number of homes sold

FOUR

Average Sold Price

$105,250

Low Sold Price

$67,000

High Sold Price

$150,000

 

 

Second Quarter 2009

 

April 1, 2009 to June 30, 2009

 

Number of homes sold

ONE

Average Sold Price

$125,000

Low Sold Price

$125,000

High Sold Price

$125,000

 

 

Third Quarter 2009

 

July 1, 2009 to September 31, 2009

 

Number of homes sold

FIVE

Average Sold Price

$157,094

Low Sold Price

$119,000

High Sold Price

$189,000

 

 

Fourth Quarter 2009

 

October 1, 2009 to December 31, 2009

 

Number of homes sold

FOUR

Average Sold Price

$111,250

Low Sold Price

$  68,000

High Sold Price

$144,000

 

 

First Quarter 2010

 

January 1, 2010 to March 31, 2010

 

Number of homes sold

THREE

Average Sold Price

$114,967

Low Sold Price

$  75,000

High Sold Price

$135,000

 

 

While, this information is deemed reliable...it's accuracy cannot be guaranteed.

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Hank Montgomery

Lake County Broker | CDPE
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