What’s happening in the Ukiah Market?
As we move into Spring let’s take a look at what the Ukiah real estate market is doing.
|Status||# of Homes||Avg. Sq/Ft||Avg. List Price||Avg. Sale Price||Ratio List/Sale Price||Avg. Days on Market||Avg. Cost Per Sq/Ft|
|Active||73||1772||$ 399,984||78||$ 225.72|
|Pending||3||2215||$ 377,667||241||$ 170.50|
|Sold||3/1-31/14||16||1670||$ 321,188||$ 315,350||96.55%||138||$ 188.83|
|Sold||3/1-31/13||16||1572||$ 273,313||$ 264,781||95.30%||60||$ 168.44|
Of the 73 Active Listings 27 of them are in escrow under Contingent status. As you can see prices have begun to recover when comparing the sale prices between this year and last year but houses are staying on the market longer. Demand has increased and interest rates are still low. Check back often for Ukiah Market Watch Updates.