Willits Market Watch and Sales Stats November 2014

What’s happening in the Willits Market?

Willits Market Watch and Sales Stats November 2014

 Active: 60  Pending: 2  Sold: 9  Other: 0  Total: 71
 Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1  1.00  768  $105,600  $102,484  8/8
 Average  3  2.18  1,685  $261,321  $256,254  168/199
 Median  3  2.00  1,560  $240,000  $225,000  107/127
 Maximum  5  6.00  4,305  $600,000  $470,000  2178/2178
 Total Dollar Value  $2,306,284

Still playing catch-up! Let’s take a quick look at the Willits market for November. Inventory levels are building in Willits. Of the 60 Active listings in this report 16 are in escrow 2 are Pending and there were 9 Closed Sales for the month of November. The price per foot in the Willits market has continued to increase. It’s currently running between $144/ft and $152/ft. bringing us nearly even with average construction costs of $150/ft-$160/ft. (Of course if you want something custom, it’s pretty easy to spend ($200/ft when building).  Prices have leveled out and interest rates are still low (for how much longer you ask? Stay tuned). These are Willits Market Watch and Sales Stats November 2014, check back next month for updated numbers. If you would like to see market numbers 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