Copperopolis, CA

Falling Home Supplies Mean More Multiple-Offer Situations For Buyers The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®. At the current sales pace, existing home inventories would sell out in 7.8 months -- 30 percent faster versus November 2008. For a 10-month window, that's a major housing supply reduction and it helps to explain why multiple-offer situations have been so common lately. Moreover, the same report from NAR showed sales activity reaching its highest point since July 2007, too. If you're looking for evidence that the long-standing Buyers Market is ending, this month's Existing Home Sales report might be it. Even median sales prices -- typically dragged lower by distressed and foreclosed properties -- declined at its slowest pace in a year. The market may have turned a corner. Home prices are rooted in the basic economics of supply and demand. When supply outweighs demand, home prices fall When supply lags demand, home price rise Since March 2009, the market has been moving in the right direction. Low mortgage rates, ample housing supply and a first-time home buyer tax credit fueled buy-side demand so that home prices are now rising in many U.S. markets. If home supplies stay on this path into 2010, expect home prices to rise even more.

I've got the latest Lake Tulloch / Copperopolis area residential sales statistics for you to see in four clickable graphs. As usual, the first three graphs cover three years including 2007, 2008 and 2009. The first graph spells out the Residential Unit Sales. The second graph highlights Residential Sales Volume. And the third graph shows Residential Average Sales Price. And finally, the fourth graph focuses on the price range breakdown of Residential Units Sold through October 12, 2009. Before you click on the graphs, here are some of the numbers in simple black and white...

Total Residential Unit Sales: September 2009 = 80; September 2008 = 71; September 2007 = 65

Total Residential Sales Volume: September 2009 = $21,837,525; September 2008 = $22,661,345; September 2007 = $27,209,722

Total Residential Average Sales Price: September 2009 = $272,969; September 2008 = $319,174; September 2007 = $418,611

For more market information and help with buying or selling, contact your Sugar Pine Realty Lake Tulloch / Copperopolis real estate professional today. Call 209-785-5757. (The data used in this post comes from the Calaveras Multiple Listing Service and is deemed reliable, but not guaranteed.)

Total Residential Unit Sales:

I've got the latest Lake Tulloch / Copperopolis area residential sales statistics for you to see in four clickable graphs. As usual, the first three graphs cover three years including 2007, 2008 and 2009. The first graph spells out the Residential Unit Sales. The second graph highlights Residential Sales Volume. And the third graph shows Residential Average Sales Price. And finally, the fourth graph focuses on the price range breakdown of Residential Units Sold through September 16, 2009. Before you click on the graphs, here are some of the numbers in simple black and white...

Total Residential Unit Sales: August 2009 = 66; August 2008 = 70; August 2007 = 59

Total Residential Sales Volume: August 2009 = $16,605,195; August 2008 = $23,463,252; August 2007 = $23,340,935

Total Residential Average Sales Price: August 2009 = $251,594; August 2008 = $335,189; August 2007 = $395,609

For more market information and help with buying or selling, contact your Sugar Pine Realty Lake Tulloch / Copperopolis real estate professional today. Call 209-785-5757. (The data used in this post comes from the Calaveras Multiple Listing Service and is deemed reliable, but not guaranteed.)

Total Residential Unit Sales:

The BLUEST thing in the garden

The Bluest thing on the lake (AKA husband's favorite toy)

Blue flip flops, blue sky, blue water. The perfect Friday night.

I've got the latest Calaveras County / Lake Tulloch area residential sales statistics for you to see in four clickable graphs. As usual, the first three graphs cover three years including 2007, 2008 and 2009. The first graph spells out the Residential Unit Sales. The second graph highlights Residential Sales Volume. And the third graph shows Residential Average Sales Price. And finally, the fourth graph focuses on the price range breakdown of Residential Units Sold through August 12, 2009. Before you click on the graphs, here are some of the numbers in simple black and white...

Total Residential Unit Sales: July 2009 = 73; July 2008 = 66; July 2007 = 68

Total Residential Sales Volume: July 2009 = $13,835,680; July 2008 = $22,040,209; July 2007 = $30,501,397

Total Residential Average Sales Price: July 2009 = $214,560; July 2008 = $335,189; July 2007 = $395,609

For more market information and help with buying or selling, contact your Sugar Pine Realty Lake Tulloch / Copperopolis real estate professional today. Call 209-785-5757. (The data used in this post comes from the Calaveras Multiple Listing Service and is deemed reliable, but not guaranteed.)

Total Residential Unit Sales: Total Residential Volume Sales: Total Residential Average Sale Price:

Residential Market Facts & Figures: