19 Jan
Pollock Pines Real Estate Market
Posted January 19th, 2006 | View Comments
Sellers in Pollock Pines experienced a bit of a chill this winter — and the weather might have been bad, too!
Residential sales in Pollock Pines were slow in december. Ten units sold, as against twenty last year — you don’t need a calculator for that one. Average days on market for homes in Pollock Pines are up to 91 days, compared to 35 days a year ago. Meantime, though ten homes sold in December, nineteen expired, so our expired to sold ratio was 190 per cent. Meantime, inventory is up to 9.7 months worth.
The average home that sold in Pollock Pines listed for
$447,869 and sold for $437,350, or 97.7% of list. (Last December sellers averaged 101% of list, in contrast). The median sale price this December was $387,000. Appreciation from last year was 4.9% on a cost per square foot basis.
