The town of Auburn offers affordable residential living with 74 active single family homes. Of the active listings, 4 are short sales of which 3 have seller accepted offers and waiting for lender approval. There is 1 bank owned (REO) listing.
There are 65 pending sales with average days on the market of 31. Days on market is still declining.
There were 105 sold listings in the last 3 months with average days on the market of 41. List to sales price is 99.4%
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 225 active listings on acreage. Of these listings, 12 are short sales of which 9 already have seller accepted offers and waiting for lender approval. There are 2 REO’s (bank owned’s).
There are 99 pending sales with average days on market of 47.
There are 164 sold listings in the last 90 days with average days on the market of 76. List price to sales price is averaging 98.5%.