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Tuolumne County Real Estate Monthly Market Report for December 2011

25800 Mono Dr, Long Barn CA 95335

Tuolumne County Real Estate Monthly Market Report

December 2011

During December 2011, 75 residential properties closed escrow. The average sale price was $179,731 and the average days on the market were 155. More than thirty-four percent (or 26) of the residential properties that sold were bank owned and 13% (or 10) were short sales.

Fifty-one (51) residential properties went under contract during the month with an average list price of $184,409. Distressed properties accounted for nearly 57 % of the properties that went pending in December.

Below is the breakdown of pending and sales for the month of December:

# of Homes

Average Price

Median Price

Average Days on Market

Pending – Single Family

22

$141,141

$120,500

107

Pending – SF w/acreage

7

$187,677

$184,900

126

PC Backups – SF

14

$212,028

$217,450

150

PC Backups SF w/acre

8

$252,206

$216,000

128

Sold – Single Family

57

$161,814

$135,000

166

Sold – SF w/acreage

18

$236,472

$249,750

122

We have a very affordable home market in Tuolumne County with some great opportunities for buyers. If you are looking for a cabin in the woods, a home with acreage, a ranch, a starter home or a large established estate, in the snow or below the snow you can find it here in “the great unfenced”. We really do have something for every taste and budget.

This information is complied from TCAR MLS data and is deemed reliable, but not guaranteed.

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

www.sugarpinerealty.com/kburby

Posted Sunday Jan 15