Below are the last 3 DAYS of new listings that hit the market in Penn Valley.
Current Penn Valley real estate market statistics
Penn Valley real estate statistics over the last 6 months have shown an overall increase in the number of units for sale. The average price of a home for sale is in the upper $500,000 to mid $600,000 range. The average sold price of a home is in the low $400,000 range. The average days on market is around 50-60 days but much less for lower priced homes. Lower priced homes for sale are typically on the market for only a few days and some getting multiple offers over the list price.
|For Sale (units)||60||67||90||98||101||114||105||104||92|
|New Listing (units)||35||39||56||49||41||34||31||27||26|
|Months of Inventory (Closed Sales)||2.1||2.6||3.8||3.2||4.4||3.7||6.2||4.3||6.6|
|Avg. Active Price (thousands)||698||688||612||605||625||574||603||606||588|
|Avg. Sold Price (thousands)||449||423||373||481||430||421||542||404||403|
|Median Sold Price (thousands)
|Days on Market (units)||65||38||44||34||28||42||62||46||68|