Willits Market Watch and Sales Stats

What’s happening in the Willits Market?

As we move into Spring let’s take a look at what the Willits real estate market is doing.

Market Watch 95490  Single Family  Residences
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 52 1642  $ 263,102 162  $  160.23
Pending 3 1314  $ 131,333 104  $  99.95
Sold 3/1-31/14 9 1554  $ 219,478  $ 210,778 90.46% 95  $  143.15
Sold 3/1-31/13 8 1484  $ 191,375  $ 173,938 83.90% 319  $  126.53
Highest  $ 325,000
Lowest  $ 119,000

Of the 52 Active Listings 14 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. Demand has increased and interest rates are still low. Check back often for Willits Market Watch Updates. If you would like to see the market statistics for another town or market, please don’t hesitate to ask.

Til next time… May all your deals be easy ones!

Clint Hanks                                   707-391-6000