Real Estate Market Update for The Sea Ranch, CA
Welcome to December's Market Update. Lets take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 30% from one year earlier, and down 21% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 1.15-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 64%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 800-thousand dollars. The number of units sold increased 22% year-over-year, and decreased 15% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for The Sea Ranch, CA
Local Weather for The Sea Ranch, CA
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.