Market Conditions Report – Georgetown Divide Area

10/25/19

There are currently 107 active listings in the Cool, Pilot Hill, Greenwood, Garden Valley and Georgetown area. List price of homes range from $189,000 for a 700 SF home on 10 acres in Georgetown to $2,475,000 for a 3200 SF home on 88 acres.

There are 34 pending sales (including contingent sales) with average days on the market of 72.

There were 55 solds in the last 90 days with average days on the market of 58. Average percentage of list price to actual sales price is 95.8%.

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.