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MICROMARKET

REPORT SIERRA FOOTHILLS | Quarter 3 2019 Average Sale Price

$500,000 $400,000 $300,000

$478 K

$460 K

$431 K $393 K

$373 K

$200,000 $100,000 $0

2015

2016

2017

2018

2019

Data was compiled from the Nevada County MLS on October 8, 2019 and this data reflects the all neighborhoods within this report. Third party information has not been verified.

Total Units Sold

1,000 750

853

843

859

856

890

2015

2016

2017

2018

2019

500 250 0

TA H O E M I C R O R E P O R TS . C O M


MARKET SNAPSHOT Single Family Average Sold Price Quarter 3 2019

9%

3%

NEVADA CITY

GRASS VALLEY

2018....... $539,991

2018....... $409,625

2019....... $493,031

2019....... $395,865

1%

7%

PENN VALLEY

ROUGH & READY

2018....... $488,471

2018....... $441,536

2019....... $484,861

2019....... $410,630

1%

57 %

NORTH SAN JUAN

WASHINGTON

2018....... $327,342

2018....... $391,561

2019....... $325,537

2019....... $613,000

12 %

12 %

PEARDALE/ CHICAGO PARK

MCCOURTNEY

2018....... $511,892

2018....... $543,688

2019....... $452,954

2019....... $480,149

0%

6%

ALTA SIERRA

SOUTH COUNTY

2018....... $434,510

2018....... $652,383

2019....... $433,985

2019....... $614,444

SIERRA FOOTHILLS, Q3 2019

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


SIERRA FOOTHILLS | MICRO MARKET STATS

January through September

NEVADA CITY single family

2018

2019

Change

Median Price

$500,000

$438,000

-12%

Average Sold Price

$539,991

$493,031

-9%

49

66

35%

Highest Sold Price

$1,550,000

$1,230,000

-21%

Lowest Sold Price

$196,900

$70,000

-64%

Properties Sold

201

186

-7%

% Sold Price to Average List Price

98%

98%

0%

$108,538,262

$91,703,807

-16%

2018

2019

Change

Median Price

$384,500

$375,000

-2%

Average Sold Price

$409,625

$395,865

-3%

56

66

18%

Highest Sold Price

$1,500,000

$1,100,000

-27%

Lowest Sold Price

$130,000

$50,000

-62%

Properties Sold

228

240

5%

% Sold Price to Average List Price

98%

98%

0%

$93,394,455

$95,007,612

2%

Average Days on Market

Total Dollar Volume Sold

January through September

GRASS VALLEY single family

Average Days on Market

Total Dollar Volume Sold

SIERRA FOOTHILLS, Q3 2019

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


SIERRA FOOTHILLS | MICRO MARKET STATS

January through September

PENN VALLEY single family

2018

2019

Change

Median Price

$400,000

$432,500

8%

Average Sold Price

$488,471

$484,861

-1%

68

77

13%

Highest Sold Price

$1,200,000

$1,129,000

-6%

Lowest Sold Price

$194,500

$195,000

0%

45

54

20%

98%

97%

0%

$21,981,200

$26,182,499

19%

2018

2019

Change

Median Price

$457,000

$390,000

-15%

Average Sold Price

$441,536

$410,630

-7%

89

91

2%

Highest Sold Price

$635,000

$1,060,000

67%

Lowest Sold Price

$189,000

$90,000

-52%

14

23

64%

96%

97%

0%

$6,181,500

$9,444,500

53%

Average Days on Market

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

January through September

ROUGH & READY single family

Average Days on Market

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

SIERRA FOOTHILLS, Q3 2019

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


SIERRA FOOTHILLS | MICRO MARKET STATS

January through September

NORTH SAN JUAN single family

2018

2019

Change

Median Price

$303,000

$287,500

-5%

Average Sold Price

$327,342

$325,537

-1%

59

82

39%

Highest Sold Price

$730,000

$579,000

-21%

Lowest Sold Price

$40,000

$100,000

150%

19

15

-21%

97%

92%

-5%

$6,219,500

$4,883,050

-21%

2018

2019

Change

Median Price

$360,000

$455,750

27%

Average Sold Price

$391,561

$613,000

57%

46

75

63%

Highest Sold Price

$543,660

$1,650,000

203%

Lowest Sold Price

$299,000

$150,000

-50%

12

24

100%

100%

95%

-5%

$4,698,735

$14,712,000

213%

Average Days on Market

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

January through September

WASHINGTON single family

Average Sold Price/Square Feet

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

SIERRA FOOTHILLS, Q3 2019

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


SIERRA FOOTHILLS | MICRO MARKET STATS

January through September

PEARDALE/ CHICAGO PARK single family

2018

2019

Change

Median Price

$468,000

$415,000

-11%

Average Sold Price

$511,892

$452,954

-12%

54

63

17%

Highest Sold Price

$975,000

$1,045,000

7%

Lowest Sold Price

$241,000

$135,000

-44%

49

63

29%

98%

97%

-1%

$25,082,700

$28,536,088

14%

2018

2019

Change

Median Price

$510,000

$425,000

-17%

Average Sold Price

$543,688

$480,149

-12%

61

52

-15%

Highest Sold Price

$915,000

$1,190,000

30%

Lowest Sold Price

$270,000

$185,000

-31%

39

45

15%

98%

98%

0%

$21,203,815

$21,606,700

2%

Average Days on Market

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

January through September

MCCOURTNEY single family

Average Days on Market

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

SIERRA FOOTHILLS, Q3 2019

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


SIERRA FOOTHILLS | MICRO MARKET STATS

January through September

ALTA SIERRA single family

2018

2019

Change

Median Price

$400,000

$418,500

5%

Average Sold Price

$434,510

$433,985

0%

65

59

-9%

Highest Sold Price

$832,000

$900,000

8%

Lowest Sold Price

$224,500

$191,200

-15%

Properties Sold

185

169

-9%

% Sold Price to Average List Price

98%

98%

0%

$80,384,294

$73,343,469

-9%

2018

2019

Change

Median Price

$622,500

$560,000

-10%

Average Sold Price

$652,383

$614,444

-6%

78

94

21%

Highest Sold Price

$1,495,000

$1,541,500

3%

Lowest Sold Price

$200,000

$168,000

-16%

64

71

11%

97%

98%

1%

$41,752,500

$43,625,550

4%

Average Days on Market

Total Dollar Volume Sold

January through September

SOUTH COUNTY single family

Average Days on Market

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

SIERRA FOOTHILLS, Q3 2019

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, Q3 2019

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


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