Tuolumne County Real Estate Monthly Market Report
December 2011
During December 2011, 75 residential properties closed escrow. The average sale price was $179,731 and the average days on the market were 155. More than thirty-four percent (or 26) of the residential properties that sold were bank owned and 13% (or 10) were short sales.
Fifty-one (51) residential properties went under contract during the month with an average list price of $184,409. Distressed properties accounted for nearly 57 % of the properties that went pending in December.
Below is the breakdown of pending and sales for the month of December:
|
# of Homes |
Average Price |
Median Price |
Average Days on Market |
Pending – Single Family |
22 |
$141,141 |
$120,500 |
107 |
Pending – SF w/acreage |
7 |
$187,677 |
$184,900 |
126 |
PC Backups – SF |
14 |
$212,028 |
$217,450 |
150 |
PC Backups SF w/acre |
8 |
$252,206 |
$216,000 |
128 |
Sold – Single Family |
57 |
$161,814 |
$135,000 |
166 |
Sold – SF w/acreage |
18 |
$236,472 |
$249,750 |
122 |
We have a very affordable home market in Tuolumne County with some great opportunities for buyers. If you are looking for a cabin in the woods, a home with acreage, a ranch, a starter home or a large established estate, in the snow or below the snow you can find it here in “the great unfenced”. We really do have something for every taste and budget.
This information is complied from TCAR MLS data and is deemed reliable, but not guaranteed.
If you would like information on lots or acreage contact me or search my website
www.sugarpinerealty.com/kburby
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