Amador County CA. Real Estate Market Report March 6, 2010

By
Real Estate Agent with Mainstreet Brokers

Amador County Real Estate inventory is a little down this month. Today, March 6, 2010 the Amador County Association of REALTORS® MLS shows a total of 362 active residential listings in Amador County, down 6 from last month’s 368.

Amador City SignThese listings have a $ 356,173 average listing price, down about twelve thousand dollars from last month’s average of $ 364,182.

The average number of days on market for these listings is 203 days, Not much change from last month’s 208 days.

In the last month Amador County has had 82 new listings and 27 listings have sold.

Today the lowest priced listing is The same 960 square foot manufactured home on a large .30 acre lot in Meadow Pines (Pioneer) It has 2 bedrooms and 2 baths, new carpet, vinyl, paint, and fixtures and even a pellet stove in the living room. This home was listed at $28,000, it has dropped to just $9,950 without the land. Space rent is $490 per month. Water is $34.96 per month Septic is $18.50 per month. This park DOES include children.

The highest priced listing is a big operating vineyard on over 137 acres in “The Valley.” It is offered for $5.1 million. This one has not dropped.

This month five more properties are in a tie for the median priced listing.  All five of these properties are offered at $ 250,000.  A 2/2 in Sutter Creek with 1040 square feet, a .12 acre lot, origanaly offered at $269,000. A split level 3/2 in Pine Grove with 1728 square feet on a 1.17 acre lot. In Jackson, a 3/1.5 log home with 1498 square feet on a .79 acre lot just off highway 88. Amador City holds a quaint 1339 square foot listing on .17 acre with 3 bedrooms ant 2 baths. And finishing up the tie for median price this month, a rustic 1560 square foot 3/2.5 in the trees. On 2.40 acres this home has lots of storage and visiting deer.

At the rate of sales last month, it would take more than 13 months to deplete the current Amador County Real Estate inventory (if no new listings were made). This is often looked at to decide basic market trends. This number is down some from last month’s 17 month’s inventory. Moving the direction I would like to see but not much.

The National Association of Realtors sometimes defines a market with over six months of inventory as a “buyers market”. Up here in the foothills inventory is often somewhat slower to move. Nonetheless, with over a year of inventory, buyers that are ready, willing, and able, should have their pick.

Amador County Real Estate awaits you.

Just click over if you would like to Search Amador County listings.

Read more Amador County real estate market reports

This information is deemed reliable but you should always confirm.

 

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Michael I. Pulskamp

REALTOR, EcoBroker, GREEN Desingnee
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