July was still a busy month for the town of Fallon home sales.
July had 27 stick-built homes sold, 13 of them were bank-owned. That is just about 50% of the sales.
Bank-owned:
list price high $239,000 low $52,900 average $128,084
Sold price high $227,500 low $50,000 average $122,832
Average days on market were 96
1 short sale listed at $265,000 sold for $260,000
13 regular owner sales:
list price high $290,000 low $75,000 average $189,153
sold price high $279,500 low $63,500 average $174,653
Average days on market were 231
6 manufactured homes sold in July:
5 regular owner sales:
list price high $290,000 low $75,000 average $189,153
sold price high $279,500 low $63,500 average $174,653
Average days on market were 257
1 court approval required sale, listed at $145,000 sold for $135,000.
August starts with 183 stick-built homes listed:
140 regular owner listings:
list price high $1,800,000 average $49,900 average $250,508
23 bank owned listings:
list price high $249,000 low $45,000 average $136,120
20 short sale listings:
list price high $198,000 low $39,999 average $128,624
57 manufactured homes are currently listed:
7 bank-owned:
list price high $175,000 low $70,000 average $103,385
1 short sale listed at $105,000
49 regular owner listings:
list price high $375,000 low $70,000 average $160,318
Demand is still strong being fueled by the $8000 First-Time Homebuyer Tax Credit, low interest rates and record low prices on homes.
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