2014 Year End Review - American River Canyon North

American River Canyon North

2014 Year End Review

How did 2014 compare with the past 4 years?

The number of homes sold in 2014 is down -9.6% from 31 homes sold in 2013 and down -19.3% from the highest level of 37 sold in 2012.

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

Home values have continued to make modest gains over the last 3 years.  Use the link below to see the 2015 Housing Market Forecast provided by the California Association of Realtors.

2015 HOUSING MARKET FORECAST - Calif Assoc of Realtors

The average days on market has increased from 31 in 2013 to 54 in 2014 despite a smaller supply of available inventory.  However, 54 days is a significant improvement over the 93 days we were experiencing in in 2011.

If you are considering selling your home in 2015:

  In my 20+ 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.

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

2010  Total Homes Sold                                         32
               Non Distressed/Equity Sales                     18     (56%)
               Short Sales                                                   5     (15%)
               Bank Owned                                                9     (26%)
               Average Days on Market                           32 days
               Average List Price                                     $576,334
               Average Sold Price                                    $565,218
               Sold Price Avg $ per SF                            $  163.95