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Pine Grove/Pioneer CA. 95665/95666 Real Estate Market Report February 2, 2010

By
Real Estate Agent with Mainstreet Brokers


The Pine Grove and Pioneer areas of Amador County have 118 current residential real estate listings for sale. Right now the average asking price in the area is $ 276,138. The average time it is taking to sell a home is 232 days. In the last month 21 houses have been listed and 13 have sold. The average price of the houses that sold was $ 149,450 with an avg. list price for sold’s of $ 158,269 showing a sale to list price ratio of 94.43%.

Road in the pine trees, Pine GroveThis month’s Pine Grove and Pioneer area’s median price listing is a 2/1 with 1057 square feet, on .56 acre. This is a rented Short Sale, offered at $ 227,000.

Again this month a manufactured two bedroom two bath in Meadow Pines is the least expensive home listed in the area. Asking just $ 9,950 with $490/month space rent. Lots of storage and a nice yard.

The priciest listing in the Pine Grove/Pioneer area continues to be the 3-bedroom four-bath 4200 square-foot beauty with great views and all that upcountry charm. On 11.38 acres it is offered at $1,875,000.

When looking at price per square foot the range is very wide going from $10.36 /sq.ft. for the manufactured home without land, up to $583.98 for a small 1/1 on five desirable acres. With an area median of $132.39/square foot.

With inventory that would be depleted in just over nine months at last months rate (with no new listings) the area is in a rather strong buyers market. At least if you go by the six month rule of thumb.

For more info on Amador County Real Estate click over to Mainstreet Brokers website or drop me an email.

This information is deemed reliable but you should always confirm.