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American River Canyon North - 2015 Year End Review

American River Canyon North
2015 Year End Review
How did 2015 compare with the past 4 years?

American River Canyon North saw 43 homes sold in 2015 which is up by 53% from 28 homes sold in 2014 and up 16% from the previous highest level of 37 sold in 2012.

Home values have continued to make gains over the last 4 years from a low in 2012 of $150 per square foot to $197 a square foot in 2015.

The average days on market has increased from 54 in 2014 to 67 in 2015 despite the healthy activity in our local real estate market.  However, 54 days is a significant improvement over the 93 days we were experiencing in in 2011.

Short sales and bank owned properties have declined to almost insignificant levels since their highs in 2008 and 2009.

Use the link below to see the 2016 Economic & Market Forecast provided by the California Association of Realtors.


If you are considering selling your home in 2016:
  In my 21+ years of experience in "The Canyon", the sellers who obtain the best prices and an acceptable offer in the shortest amount of time are the homeowners who take the time to prepare their homes for market and engage the services of an experienced real estate professional who will provide knowledgeable guidance through each step in the home selling process.

2015  Total Homes Sold                                          43
               Non Distressed/Equity Sales                      38     (88%)
               Short Sales                                                    4     (9%)
               Bank Owned                                                 1     (2%)
               Average Days on Market                            67
               Average List Price                                      $724,309
               Average Sold Price                                     $712,766
               Sold Price Avg $ per SF                             $197.00

2014  Total Homes Sold                                          28
               Non Distressed/Equity Sales                      26     (92%)
               Short Sales                                                    2     (7%)
               Bank Owned                                                 0
               Average Days on Market                            54
               Average List Price                                      $665,128
               Average Sold Price                                     $657,799
               Sold Price Avg $ per SF                             $ 187.39

2013  Total Homes Sold                                         31
               Non Distressed/Equity Sales                     23     (74%)
               Short Sales                                                  7      (22%)
               Bank Owned                                               1      (.03%)
               Average Days on Market                           34 days
               Average List Price                                     $613,998
               Average Sold Price                                    $607,903
               Sold Price Avg $ per SF                            $  175.52

2012  Total Homes Sold                                         37
               Non Distressed/Equity Sales                     24     (64%)
               Short Sales                                                  7      (19%)
               Bank Owned                                               6      (16%)
               Average Days on Market                           54 days
               Average List Price                                     $553,063
               Average Sold Price                                    $539,511
               Sold Price Avg $ per SF                            $  150.31

2011  Total Homes Sold                                         29
               Non Distressed/Equity Sales                     13     (44%)
               Short Sales                                                 12     (41%)
               Bank Owned                                                4     (13%)
               Average Days on Market                           93 days
               Average List Price                                     $582,186
               Average Sold Price                                    $560,190
               Sold Price Avg $ per SF                            $  158.55

Visit my NEW website RobinKaplan.com for all of your real estate needs



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