Market Conditions Report – Georgetown Divide Area

2/24/21

There are currently only 19 active listings in the Cool, Pilot Hill, Greenwood, Garden Valley and Georgetown area. List price of homes range from $267,500 for a 768 SF home on .5 acres in Georgetown to $2,999,999 5BR/7BA 5,500 SF home on 20 acres in Georgetown.

There are 27 pending sales with average days on the market of 38.

There were 75 solds in the last 90 days with average days on the market of 34. Average percentage of list price to actual sales price has increased to 99.5%.

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.