Celebrating the Flavor of Tuolumne County

Taste: to perceive or experience the flavor of. Flavor: an indication of the essential character of something.

Tuolumne County Real Estate Stats – 2011

 

The pattern of increased sales and decreased pricing in Tuolumne County Residential Sales continued throughout 2011 creating both challenges and opportunities. The decreased pricing combined with record low interest rates that dipped below 4% lowered the cost of homeownership to a level that has been called historically affordable.

Sales Comparison

2011

2010

% Change

Median sales price

$160,000

$200,000

-20%

Average sales price

$186,729

$221,988

-16%

Total sales

784

625

+25%

Private sales

384 (49%)

312 (50%)

+23%

REO sales

304 (39%)

242 (39%)

+26%

Short sales

96 (12%)

71 (11%)

+35%

Sales @ $200k and below

530 (68%)

318 (51%)

+67%

Sales  @ $175k and below

453 (58%)

246 (39%)

+84%

High price

$900,000

$900,000

0%

Low price

$15,000

$20,000

-25%

Average Price Sq. Ft.

$111

$129

-14%

Source of Data: Tuolumne County MLS

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This entry was posted on January 3, 2012 by in Buyers, Help-U-Sell, Sellers, Short Sales and tagged , , , , .
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