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 2013: Foreclosures Down – Prices Up
2013 was a good year for Residential Real Estate in Tuolumne County. Year over year, the number of distressed sales decreased while the average and median home price increased. Decreasing by 1%, the total number of sales was relatively flat as compared to 2012.
Currently we have about 5 months worth of inventory for sale. Low interest rates are keeping homes affordable and creating much buyer demand. Even with 5 months of inventory our buyers are feeling like there isn’t much to choose from so if you or someone you know is thinking of selling in 2014 now would be a good time to list.
If you would like a sales summary of a specific neighborhood in Tuolumne County shoot me an email or give me a call. I’d be happy to help. robin@tuolumnehomes.com or 209-536-3000.
MLS Residential Sales Summary Comparison
Tuolumne County
2013 vs 2012
| Sales |
2013 |
2012 |
% change |
| Median sales price |
$195,000 |
$166,000 |
17% |
| Average sales price |
$214,376 |
$193,701 |
11% |
| Total sales* |
906 |
911 |
-1% |
| Private sales |
662 (73%) |
510 (56%) |
30% |
| REO sales |
166 (18%) |
277 (30%) |
-40% |
| Short sales |
78 (9%) |
124 (14%) |
-37% |
| Sales @ $200k and below |
478 (53%) |
561 (62%) |
-15% |
| Sales @ $175k and below |
392 (43%) |
491 (54%) |
-20% |
| High price |
$899,000 |
$1,100,000 |
-18% |
| Low price |
$25,000 |
$16,000 |
56% |
ACTIVE LISTINGS – TCAR MLS
| Snapshot this date |
1-5-2014 |
| Median list price |
$249,900 |
| Average list price |
$308,800 |
| Total active listings** |
385 |
| Private listings |
341 (89%) |
| REO listings |
19 (5%) |
| Short sale listings |
25 (6%) |
| Listings @ $200k and below |
124 (32%) |
| Listings @ $175k and below |
83 (22%) |
| High price |
$2,988,000 |
| Low price |
$58,000 |
* Approx. 75.5 sales per month
** Approx. month listings/inventory 5
Celebrating the Flavor of Tuolumne County 