Page 1

MICRO MARKET REPORT S I E R RA FO OT H I L LS Q UA RT E R 2 20 1 8

TA H O E M I C RO R E P O RTS.CO M


SIERRA FOOTHILLS NEIGHBORHOODS 5 6

1

4

2 7

3

8

10 9 11

1 Nevada City

5 North San Juan

9 McCourtney

2 Grass Valley

6 Washington

10 Alta Sierra

3 Penn Valley

7 Peardale

10 South County

4 Rough & Ready

8 Chicago Park

SIERRA FOOTHILLS, Q2 2018

TA H O E M I C RO R E P O RTS.CO M


Q2 Overall Market Comparison Total Dollar Volume Sold 2017

2018

$254.2 Million

$14.7 Million

$313.7 Million

$120.9 Million

$201.3 Million

$242.8 Million

$428.6 Million

$197.1 Million

$1.2 Billion

Sie rr

a/

aF

rr

as

ills

m

ey

e

th

oo

Plu

e

ll Va

or

on

rs

Sie

Ca

no

Re

Sh

or

ge

illa

Sh

eV

h

lin

ut

st

Ea

So

Inc

ee ck

u Tr

/
 th re or ho N st S e W

Q2 Overall Market Comparison Total Units Sold

2017

2018

353

53

192

192

205

391

533

699

2302

r Sie h ot

Fo ills

as

ey

lum

/P

ra

ra

r Sie

ll Va on

rs

Ca

re

ge

e or

Sh

o Sh

no Re

st

Ea

h

ut So

illa

eV

lin

Inc

ee ck

u Tr

/
 th re or ho N st S e W

The information provided herein is based on data received from the seller, public sources or third parties, but has not been independently verified by Broker. Each office is independently owned and operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. TA H O E M I C RO R E P O RTS.CO M


SIERRA FOOTHILLS | MICRO MARKET STATS

January through June

NEVADA CITY single family

2017

2018

Change

Median Price

$460,000

$504,592

10%

Average Sold Price

$510,336

$530,974

4%

67

53

-21%

Highest Sold Price

$1,285,000

$1,550,000

21%

Lowest Sold Price

$203,000

$200,000

-1%

113

136

20%

98%

98%

0%

$57,667,945

$72,212,432

25%

2017

2018

Change

Median Price

$356,000

$400,000

12%

Average Sold Price

$394,329

$435,250

10%

67

55

-18%

Highest Sold Price

$1,050,000

$1,025,000

-2%

Lowest Sold Price

$88,000

$130,000

48%

177

186

5%

98%

98%

0%

$69,796,203

$80,956,415

16%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through June

GRASS VALLEY single family

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SIERRA FOOTHILLS, Q2 2018

TA H O E M I C RO R E P O RTS.CO M


SIERRA FOOTHILLS | MICRO MARKET STATS

January through June

PENN VALLEY single family

2017

2018

Change

Median Price

$386,500

$400,000

3%

Average Sold Price

$422,161

$486,414

15%

87

85

-2%

Highest Sold Price

$840,000

$1,200,000

43%

Lowest Sold Price

$195,000

$194,500

0%

38

37

-3%

99%

97%

-1%

$16,042,100

$17,997,300

12%

2017

2018

Change

Median Price

$389,000

$444,000

14%

Average Sold Price

$370,588

$427,375

15%

43

80

86%

Highest Sold Price

$574,500

$635,000

11%

Lowest Sold Price

$135,000

$189,000

40%

13

8

-38%

97%

96%

-1%

$4,817,650

$3,419,000

-29%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through June

ROUGH & READY single family

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SIERRA FOOTHILLS, Q2 2018

TA H O E M I C RO R E P O RTS.CO M


SIERRA FOOTHILLS | MICRO MARKET STATS

January through June

NORTH SAN JUAN single family

2017

2018

Change

Median Price

$293,500

$327,500

12%

Average Sold Price

$298,910

$297,778

0%

124

24

-81%

Highest Sold Price

$620,000

$477,000

-23%

Lowest Sold Price

$129,000

$40,000

-69%

12

9

-25%

93%

96%

2%

$3,586,914

$2,680,000

-25%

2017

2018

Change

Median Price

$332,500

$304,250

-8%

Average Sold Price

$332,500

$304,250

-8%

154

27

-82%

Highest Sold Price

$435,000

$304,250

-30%

Lowest Sold Price

$230,000

$304,250

32%

2

1

-50%

93%

102%

10%

$665,000

$304,250

-54%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through June

WASHINGTON single family

Average Sold Price/Square Feet

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SIERRA FOOTHILLS, Q2 2018

TA H O E M I C RO R E P O RTS.CO M


SIERRA FOOTHILLS | MICRO MARKET STATS

January through June

PEARDALE/ CHICAGO PARK single family

2017

2018

Change

Median Price

$377,500

$526,500

39%

Average Sold Price

$393,718

$575,833

46%

54

63

17%

Highest Sold Price

$670,000

$975,000

46%

Lowest Sold Price

$220,000

$365,500

66%

14

18

29%

100%

99%

-1%

$5,512,050

$10,365,000

88%

2017

2018

Change

Median Price

$563,500

$515,000

-9%

Average Sold Price

$670,500

$525,163

-22%

133

95

-29%

Highest Sold Price

$1,600,000

$740,815

-54%

Lowest Sold Price

$395,000

$270,000

-32%

10

5

-50%

98%

99%

1%

$6,705,000

$2,625,815

-61%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through June

MCCOURTNEY single family

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SIERRA FOOTHILLS, Q2 2018

TA H O E M I C RO R E P O RTS.CO M


SIERRA FOOTHILLS | MICRO MARKET STATS

January through June

ALTA SIERRA single family

2017

2018

Change

Median Price

$359,900

$392,500

9%

Average Sold Price

$390,650

$423,832

8%

61

82

34%

Highest Sold Price

$800,000

$779,000

-3%

Lowest Sold Price

$135,000

$233,000

73%

83

95

14%

98%

99%

0%

$32,423,979

$40,264,075

24%

2017

2018

Change

Median Price

$535,000

$634,200

19%

Average Sold Price

$540,468

$615,704

14%

88

72

-18%

Highest Sold Price

$1,288,000

$1,495,000

16%

Lowest Sold Price

$208,000

$281,000

35%

59

38

-36%

97%

98%

2%

$31,887,620

$23,396,750

-27%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through June

SOUTH COUNTY single family

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SIERRA FOOTHILLS, Q2 2018

TA H O E M I C RO R E P O RTS.CO M


LIVE INSPIRED The location, the style, the feeling you get when you walk through the door –every aspect of your home should be a reflection of who you are, where you’ve been, and the life you aspire to live. Your best life begins with a home that inspires you.

tahoemicroreports.com | sierrasothebysrealty.com | #tahoegoodlife

INCLINE VILLAGE

|

SOUTH LAKE TAHOE

|

SQUAW VALLEY

|

TAHOE CITY

|

TAHOE DONNER

|

DOWNTOWN TRUCKEE

HEAVENLY VILLAGE/STATELINE | NORTHSTAR | THE SUMMIT, RENO | CA BRE# 02018110

Q2 2018 Real Estate Market Data - Sierra Foothills  

Second Quarter 2018 real estate market statistics for the Sierra Foothills including surrounding communities of Nevada City, Grass Valley, P...

Q2 2018 Real Estate Market Data - Sierra Foothills  

Second Quarter 2018 real estate market statistics for the Sierra Foothills including surrounding communities of Nevada City, Grass Valley, P...