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Tuolumne County Real Estate Weekly Update for November 27th, 2008

Real Estate in Tuolumne County fell again. This weeks average price was
$288,875 for a 3 bedroom, 2 bath, 2 car garage home.*

The number of days on the market (DOM) rose. Currently Tuolumne
County Homes* have an average market time of 159 days.

Taking a look at the total picture and including homes of all shapes and
sizes, inventory decreased by 5 this week from 507 to 502. The median
asking price remained the same $339,000 with an average time of 175
days on the market.

Tuolumne Co. Real Estate
199 Homes priced under $300k (Down 6 from last week)
210 priced between $300 and $500k, (Up 1 from last week)

... Way, way back in 2004, 10 Residential properties sold with an
average price of $357,390 and 130 DOM

In 2005, 11 sold with an average price of $337,309 and 93 DOM

This week in 2006, 8 properties went into contract and 7 sold with an
average price of $405,226 and 162 DOM.

In the year 2007, 14 went into contract and 7 sold with an average price
of $367,890 and 148 DOM............

In North Tuolumne County during the past 7 days, 8 Residential
properties went into contract and 10 sold with an average price of
$331,490 and 197 DOM.

* These figures are based on homes with 3br, 2ba, 2 car garages and
1200 to 1800 SQFT, averaged over the previous 12 months. This information is deemed reliable but not
guaranteed.

Posted Friday Nov 28

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