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Create A BlogSonora CA Real Estate Weekly Update |
Posted at Sonora CA Real Estate Weekly Update by Tony Krieg
Jan. 17, 2008
Tagged with: sonora ca homes, sonora ca real estate, sonora ca realestate, sonora homes, sonora real estate, sonora realestate
Sonora CA Real Estate Weekly Update for 1/17/08
Prices are up and the inventory is down for single family (3BR, 2Ba, 2Car) Sonora CA Real Estate. Homes in Tuolumne County were just a little less affordable with an average price of $332,240 for a 3, 2, 2, 1200 to 1800 sq.ft. I know that for those of you hoping to take advantage of slowing market conditions this may be bad news; however there are good reasons for buying into Tuolumne County Real Estate. Even though other areas of the country are struggling under the slow down, here those who have already made there move are confident that there investment is secure up to this point. The proof for the moment seems to be in the reduction in the amount of homes for sale and moderate price adjustments that are rolling like gentle waves over our inventory. A good, solid investment holds it’s value through thick and thin. There are deals to be had and working close with your Realtor will be your best bet in finding those bargains.
One of the best things you can do is let us know where you are financially. Be honest, a Realtor has a fiduciary responsibility to you from the moment you meet. A fiduciary obligation is the highest relationship under the law. Tell them want you can afford no more no less. To know this you must first consult a lender. If you have one, give them a call. The mortgage industry is changing quickly these days. If you don’t have a lender, call your Realtor or ask your friends, we are always happy to refer you to someone who has given us good service.
Knowing what you can afford will allow you and your Real Estate Agent to save time and money. While you’re out looking at overpriced or inferior homes there are other potential buyers searching as well. Time is of the essence in Real Estate and good deals don’t last long in any market.
Sonora CA Real Estate average 3 bedroom, 2 bath, 2 car garage home price over the previous 12 months is, $370,545.
Sonora Homes have an average market time of 93 days.
There are 82 Sonora CA Homes for Sale.
Twain Harte Real Estate average 2-3 bedroom, 1-2 bath home priceover the previous 12 months is, $ 354,540.
Twain Harte Cabins have an average market time of 175 days.
There are 21 Twain Harte Homes for Sale.
North Tuolumne County Real Estate average 3 bedroom, 2 bath, 2 car garage home price over the previous 12 months is, $332,240.
Tuolumne County CA Homes have an average market time of 126 days.
There are 463 (Northern) Tuolumne County Homes for Sale.
In Tuolumne County during the past 7 days, 8 properties went into escrow and 10 sold.
In the year 2007, 10 went into escrow and 5 sold ...............
this week in 2006, 14 properties went into escrow and 5 sold
and back in 2005, 11 properties went into escrow and 7 sold ..............
and way way back in 2004, 8 Residential properties sold.
463 residential Homes are for sale from Pinecrest to Jamestown (down 21 from last week) ................
117 Homes priced under $300k (down 4 from last week)
244 priced between $300 and $500k, (down from last week)
4 Listings expired, 4 were withdrawn and 1 are TOM (Temporarily off the market).
244 priced between $300 and $500k, (down from last week)
4 Listings expired, 4 were withdrawn and 1 are TOM (Temporarily off the market).
Tuolumne County Homes Sold Report for this Week
This report shows the original price and not the subsequent price reductions during the course of the listing.
Class Address
Type Original Price
Area %
MLS # DOM
RESIDENTIAL
Single Family
001-JAMESTOWN
20071955
10681 8th Street
$249,000
$210,000
84%
112
Totals
$249,000
$210,000
84%
112
002-COLUMBIA
20071346
23576 Carlotta Terrace
$685,000
$652,500
95%
173
Totals
$685,000
$652,500
95%
173
003-SONORA
20071989
777 E Jackson
$440,000
$416,500
95%
107
Totals
$440,000
$416,500
95%
107
005-PHOENIX LAKE
20072103
21383 American River Dr.
$419,000
$415,000
99%
86
Totals
$419,000
$415,000
99%
86
006-MONO VISTA
20070544
20667 Charlotte Court
$380,000
$320,000
84%
281
Totals
$380,000
$320,000
84%
281
007-BIG HILL/CEDAR
20072214
23929 S Oxbow
$229,000
$215,000
94%
64
Totals
$229,000
$215,000
94%
64
Single Family w/ Acreage
003-SONORA
20070350
17800 Mountain Ridge Dr
$890,000
$750,000
84%
318
Totals
$890,000
$750,000
84%
318
