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How is the market in your area?

It seems everywhere we look, there's more bad news about the real estate market. But, reading some of your blogs, it seems the market is doing just fine. I'm not an economist and I really don't know how to crunch numbers, but here are some interesting facts about the Humboldt County, California market.

The median price used to be $377,159 in March 2006

Last September brought the number down to $358,767

Last February the number was down to $343887

But, now last month, we jumped back up to 346,219! It now appears we have the lowest priced ocean front/view properties in the state for under $1,000,000!

There is a 3500 sq. ft. home high on the hill with bay and ocean views for only $487500!!

So, how's your market?

Posted by John Ford on 04/28/2008 11:30 PM

Comments (3)

eureka, arcata, humboldt, mckinleyville

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3 Comments on How is the market in your area?

APR

2008

Our market seems to be doing well. Transactions are down but volume and appreciation contiue to go up. The price on the ocean view property is amazing!

APR

2008

John, our numbers are definitely improving noticeably since January. While our active listings as of yesterday were 55,496 and 7098 pending, there were only 3,897 pending. It might take through the end of this year to be really good, but even the news media tells us it is improving. Just a typical cyclical trend. ;-)

AUG

Good afternoon. There is an evil tendency underlying all our technology - the tendency to do what is reasonable even when it isn't any good. I am from Macedonia and , too, and now am writing in English, give please true I wrote the following sentence: "We can help you choose the clock that is all about what makes you tick." Thank 8-) Kinneret.

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