Willits Market Watch and Sales Stats June 2014

What’s new in the Willits Real Estate Market?

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

Market Watch June 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 67 1596  $  262,701 130  $  164.60
Pending 3 1177  $  178,667 125  $  151.80
Sold 6/1-30/14 9 1419  $  190,986  $  189,870 97.64% 75  $  133.80
Sold 6/1-30/13 14 1317  $  175,579  $  170,971 89.10% 93  $  127.05
Highest  $  257,000
Lowest  $  113,745

Of the 67 Active Listings 22 of them are in escrow under Contingent status. The price per square foot is continuing to improve when comparing the sale prices between this year and last year. Demand has increased and interest rates are still low but you can see the list prices of the active listings are quite a bit higher than the sold prices and this has caused the market to slow down from what we’ve seen over the last few months. Don’t let that discourage you, there are still some “real” deals to be had in the Willits area. These are Willits Market Watch and Sales Stats June 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