Auburn, CA November 2009 Market Conditions Report

The town of Auburn offers affordable residential living with 142 active single family home listings ranging in price from $145,000 for a 2 bed/1 bath 996 sq ft home to a 5,875 sq ft home on .56 acres in Canyon Rim for $1,495,000. Of the active listings, 53 were short sales and 12 were bank owned (REO's).

There are 28 pending sales with average days on the market at 77. There were 52 sold listings in the last 3 months with average days on the market of 64. List to sales price increased 96.74%

The rural areas in and surrounding Auburn include the areas of Loomis, Newcastle, Penryn, East Lincoln, Meadow Vista, Colfax, Weimar, Foresthill and South County of Nevada County. There are 360 active listings on acreage. This is a decrease of 67 listings from last report.. Price ranges from $145,000 for a 2 bed/1 bath home on 2 acres outside of Auburn to $6,900,000 for a 3100 Sq Ft home on 1,047 acres in Foresthill.

There are 65 pending sales with average days on market of 98. There are 109 sold listings in the last 90 days with average days on the market of 95. List price to sales price has decreased a bit to 93.6%.