Tuolumne County Real Estate Monthly Market Report for March 2010

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photo by Teri Metz

Tuolumne County Real Estate Monthly Market Report

March 2010

There are currently 413 active residential listings in Tuolumne County with half of those priced at $275,000 or below. Forty-one (9.9%) of the currently listed homes are foreclosed properties and seventy (16.9%) are short sale properties. The average days on the market were 177 days. During March 2010, 43 residential properties closed escrow. The average sale price was $223,007. Four (or 9.3%) of the residential properties that sold were bank owned and 2 (or 4.65%) were short sales. Eighty-five residential properties are currently under contract with an average price of $232,802. Below is the breakdown:

# of Homes Average Price Median Price Average Days on Market

Pending - Single Family 31 $164,478 $149,900 82

Pending - SF w/acreage 12 $361,650 $314,500 123

Pending - Man/Modular 2 $183,200 $183,200 82

Pending - Man/Mod w/acreage 1 $156,900 $156,900 33

PC Backups - SF 33 $226,063 $219,995 149

PC Backups - SF w/acreage 6 $394,357 $412,000 220

Sold - Single Family 34 $192,556 $193,250 148

Sold - SF w/acreage 8 $362,864 $372,500 268

Sold - Man/Mod w/acreage 1 $139,500 $139,500 30

The active residential listings are in the following price ranges:

98 are listed between $100,000 - $199,999

149 are listed between $200,000 - $299,999

80 are listed between $300,000 - $399,999

50 are listed between $400,000 - $499,999

34 are listed between $500,000 - $999,999

2 are listed between $1,000,000 - $2,000,000

This information is complied from TCAR MLS data and is deemed reliable, but not guaranteed This information does not include manufactured homes in parks or on leased land. This information does not include the areas of Pine Mountain Lake, Groveland or Don Pedro.

If you would like information on lots or acreage contact me or search my website

www.sugarpinerealty.com/kburby