What’s happened with Real Estate in Willits in 2014?
Willits Market Watch and Sales Stats 2014
|Active: 55||Pending: 4||Sold: 106||Other: 0||Total: 165|
|Bedrooms||Bathrooms||Square Feet||List Price||Selling Price||DOM/CDOM|
|Total Dollar Value||$22,916,859|
Real estate in Willits started 2014 with a bang and went out with a whimper. The number of homes sold stayed pretty consistent at 8+/- homes per month but the average sales price actually declined over the course of the year. In January of 2014 the average sales price for a single family home in Willits was a little over $266,000.00 and by the time we got to December that number had fallen to just over $170,000.00 with the yearly average being $216,197.00 and 106 total home sales. Of course that is up from 2013’s average sale price of $189,280.00. Interest rates are still cooperating by staying in the low 4’s but that is expected to end by mid-year. Buyers continue to struggle with the issues of affordability but more on that soon. Follow me on Twitter @yourmendorealty. These are the Willits Market Watch and Sales Stats 2014. If you would like to see market numbers for another town or area just ask! Contact Clint.