Tuolumne County Real Estate Weekly Update for 5/15/08

Homes in Tuolumne County continue to slowly descend from an average
of $317,621 to $315,621 for a 3 bedroom, 2 bath, 2 car garage home.*

The number of days on the market (DOM) remained the same. Currently
Tuolumne County Homes* have an average market time of 132 days.

Taking a look at the total picture and including homes of all shapes and
sizes, inventory retreated slightly to 525 from last week's 526 with a
median asking price of $375,000 and an average time of 146 days on the
market.

Tuolumne County Real Estate
147 Homes priced under $300k (Down 3 from last week)
245 priced between $300 and $500k, (Unchanged from last week)

... Way, way back in 2004, 12 Residential properties sold with an
average price of $261,200 and 95 DOM

In 2005, 10 sold with an average price of $252,500 and 102 DOM

This week in 2006, 10 properties went into contract and 9 sold with an
average price of $405,706 and 158 DOM.

In the year 2007, 7 went into contract and 12 sold with an average price
of $330,375 and 212 DOM............

In North Tuolumne County during the past 7 days, 13 Residential
properties went into contract and 7 sold with an average price of
$316,714 and 64 DOM.