Ukiah Market Watch and Sales Stats 2014

What happened in the Ukiah Real Estate Market in 2014?

Ukiah Market Watch and Sales Stats 2014

 Active: 69  Pending: 2  Sold: 204  Other: 0  Total: 275
 Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1  1.00  480  $135,000  $75,000  1/1
 Average  3  2.12  1,712  $371,644  $334,309  100/109
 Median  3  2.00  1,514  $318,450  $300,000  73/74
 Maximum  8  7.00  7,500  $2,250,000  $1,055,000  1020/1020
 Total Dollar Value  $68,198,949

Real estate values in Ukiah grew steadily in 2014 although inventory remained low. 2013 ended with an average sale price of $291,00.00 for  single family homes in the 95482 zip code. This year is better at $334,309 with essentially the same volume of homes selling in both years. Values are expected to stay flat this year.  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 Ukiah Market Watch and Sales Stats 2014. 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!

Clint Hanks                                   707-391-6000