Market Conditions Report – Auburn

1/2/18

Residential properties in Auburn and surrounding areas offer affordable residential living with 69 homes for sale. Of the active listings, there are 3 short sales and all have seller accepted offers and waiting for lender approval. There are no bank owned (REO) listings.

There are 38 pending sales with average days on the market of 30.

There are 117 sold listings in the last 3 months with average days on the market of 41. List to sales price is 98.4%.

The rural areas in and surrounding Auburn include the areas of Loomis, Newcastle, Penryn, Rural Lincoln, Meadow Vista, Colfax, Weimar, Foresthill and South County of Nevada County.

There are 81 active listings on acreage. Of these listings, 1 is a short sale with seller accepted offer and waiting for lender approval. There is 1 REO (bank owned).

There are 38 pending sales with average days on market of 51.

There are 91 sold listings in the last 90 days with average days on the market of 58. List price to sales price is averaging 96.9%.