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Housing Prices Continue To Rise

Sonora, Ca– A hot housing market is getting hotter as the median sales price for a home in the Mother Lode has risen 24% and is now at $422,450.  Tuolumne County Association of Realtors has provided the data that also shows the amount of time a house spends on the market has dipped below 100 days with the average sale at 91 days, a decrease from 101 days that the market  saw at the start of 2021.

The average sale price has also increased to $465,264 , a significant increase from $369,413 from the first quarter of last year. Total active listings is 212, with cheaper homes(less then $175,00) representing only 2 listings. An overview of the fourth quarter numbers from last year can be found here. The data for the first quarter can be found below.

 

This post was last modified on 04/14/2022 5:59 am

Written by Nic Peterson

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Tags: CaliforniaLocal News