Friday, October 24, 2008

Arnold, CA Market Report

Arnold, CA is situated at 4,000 feet in elevation, with thick pine forests and spectacular displays of dogwoods in late spring. Visitors flock to this mountain community year-round for a wide range of outdoor activities including: hiking, mountain biking, kayaking, camping, fishing, swimming, rafting, golfing, showshoeing, cross country and downhill skiing. Arnold is the gateway to the Calaveras Big Trees State Park, the magnificient Stanislaus National Forest and the Ebbetts Pass National Scenic Byway. This quaint Sierra town is home to a variety of local shops, art galleries, antique stores and restaurants. There are many vacation homes and rental cabins available for families and groups to enjoy that special time together, as well as lodges and bed and breakfasts.


The Arnold Real Estate market is thriving. Prices have dropped in the past year, but are beginning to level off now, and we are in a "Buyer's" market. There are currently 211 Residential listings, median price $369,500, and the average Days on Market is 114. The number of active listings has reduced slightly lately, as well as the Days on Market, and the interest rates continue to be very favorable.

No comments: