Market Conditions Report – Georgetown Divide Area

11/3/17
The communities of the Georgetown Divide (Cool, Pilot Hill, Garden Valley, Greenwood, and Georgetown) are a haven for those who enjoy horseback riding, boating, camping, hiking, fishing, and hunting, and they are well known for their fine wine grapes and specialty agriculture.

Cool is home to Auburn Lake Trails. The community is especially attuned to horse people, with 30 miles of horse trails. The trails connect to the Tevis Trail; the Tevis leads to Lake Tahoe through some of the most isolated parts of the Sierra. There is also a 9 hole golf course, pool, tennis courts and 3 buildings that can be used for activities.

There are currently 67 active listings in the Cool, Pilot Hill, Greenwood, Garden Valley and Georgetown area. Of these listings, 3 are short sales with 1 waiting for bank approval. There is 1 REO (bank owned).

Average days on market for the 31 pending sales are 67.

There were 65 solds in the last 90 days with average days on the market of 56. Average percentage of list price to actual sales price is 98.4%.