Showing posts with label Sonora. Show all posts
Showing posts with label Sonora. Show all posts

Thursday, November 6, 2008

October '08 Tuolumne County Market Stats

October Real Estate Market Statistics, Tulumne County



Residential sold 39 homes

Up to $199k 6
$200-299 20 Median price $251,000 DOM 120
$300-399 7 $355,000 DOM 232
$400-499 4 $423,800 DOM 220
$500-599 1 $525,000 DOM 130
$600-699 1 $686,000 DOM 186
No homes sold above $686,000

Mobiles sold 9 Median Price $61,000 DOM 166

Land sold 6 Median Price $75,000 DOM 149

Active Listings as of 11/5/08

Residential 520 homes with Median price of $348,000 avg DOM 169
Mobiles 91 “ “ 69,900 168
Land 285 167,900 254

October '08 Tuolumne County Real Estate Market Statistics from Tuolumne County Association of Realtros MLS. Information submitted by Linda Olson, Sales Associate. For more information, contact Linda at 209.533.3333, ext. 122.

Friday, October 24, 2008

Sonora, CA Market Report

Sonora, the County Seat of Tuolumne County, is located just 3 miles from Jamestown on Highway 49. At an elevation of 1,825 feet, Sonora is a colorful, bustling little city and is the market center for a large area. An air of progressive commercialism has been superimposed on this one-time rowdy mining camp.Many relics from its flamboyant past remain,including a large collection of Victorian homes, many of which are now bed and breakfasts. Sonora is also the junction of Highways 49 and 108. The city hosts the Mother Lode Roundup every Mother's Day weekend with one of the largest and oldest parades in California. The St. James Episcopal Church (painted a dark red) was built in 1860 and is said to be the second oldest Episcopal church of frame construction in California. Many of the businesses are housed in buildings over 100 years old.


The Real Estate Market in Sonora and the surrounding area has slowed down in the past year or so, with prices declining, and days on market increasing. We are definitely in a "Buyer's" market. There are currently 287 Residential listings, with an average price of $417,087, median price of $364,900, and average days on market 172. Our inventory has dropped lately, and pricing continues to decline slightly.