It was no surprise that the second half of the year represented 62% of the sales due to the winter conditions. The Valley area had 61 residences sold in 2011 compared to 28 & 51 for 2009 and 2010 respectively. The “bank owned” or repossessed properties and “short sales” where the selling price is less than the mortgage amount was up by 4% to 41% of the total sales. Also noteworthy is that 46% of the total were residences that sold for less than $200,000.
2011 Sales of Residential and Lots&Land2011
This report shows sales in Eastern Plumas County by area. It further breaks down the data by single family residence, condo/townhome or lots & land, giving gross listed value vs gross selling price: 2011 Sold Analysis
The following report is a chart comparing a number of neighborhood sales data over a seven year period: Local Area Market Sales ‘11
This report shows the Valley data by price range: Graeagle Stats 2011
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