Winters, CA Market Statistics March 2009

Winters CA being a town of 6,990 (July 2007) has a much different housing market than the most of the greater Sacramento region.

 
Because the numbers are so small they should be looked at more to see the general trend than to be taken at face value - also can use the numbers to see how the Winters market  fits in with the rest of the region.
The number of homes for sale has decreased by 8.3 percent since March 2008, however this is only a total of three homes in addition the number of sold homes increased 100% from 3 to 6 homes.  Again, the numbers are so small, any variation makes a large percentage change.  Sales are up in the region and that is reflected in these numbers.  Pending sales went from 5 to 6 in this time period.  

The average sales price changed from $339,000 to $224,000 which is 33.9% change.  What is very interesting about the market statistics for Winters is that 5 of the 6 homes that sold were REO/Bank owned properties.  So while inventory numbers have remained relatively stable for the past year, the number of foreclosures on the market has increased.  About 1/3 of the Winters homes listed for sale in March 2009 are bank owned properties.  This number should be monitored as many experts feel that there will be more foreclosed homes come onto the market in the next few months.

Visit my site to see all Winters homes for sale.