Willits Market Watch and Sales Stats May 2014

What’s happening in the Willits Real Estate Market?

Here are the market statistics for Single family residences in the 95490 zip code for the month of May 2014.

Market Watch May 2014 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 57 1564  $  262,071 136  $  189.83
Pending 2 1216  $  146,500 148  $  126.30
Sold 5/1-31/14 9 1245  $  210,244  $  200,872 88.22% 139  $  182.84
Sold 5/1-31/13 9 1609  $  213,457  $  205,888 96.62% 101  $  130.23
Highest  $  415,000
Lowest  $  91,350

Of the 57 Active Listings 18 of them are in escrow under Contingent status. As you can see the price per foot has improved quite a bit when comparing the sale prices between this year and last year but houses are staying on the market slightly longer. Demand has increased and interest rates are still low. There are still some “real” deals to be had in the Willits area. These are Willits Market Watch and Sales Stats May 2014, check back next month for updated numbers. If you would like to see market for another town or area just ask! Contact Clint.

Til next time… May all your deals be easy ones!
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Clint Hanks                                   707-391-6000