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 decrease in the number of units for sale. The average price of a home for sale is in the mid $600,000 range. The average sold price of a home is around $400,000. The average days on market is around 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)||70||62||55||46||58||60||67||90||98|
|New Listing (units)||21||15||12||24||34||35||39||56||49|
|Months of Inventory (Closed Sales)||2.6||4.4||2.9||4.2||2.8||2.1||2.6||3.8||3.2|
|Avg. Active Price (thousands)||713||706||671||734||665||698||688||612||605|
|Avg. Sold Price (thousands)||388||355||415||292||418||449||423||373||481|
|Median Sold Price (thousands)
|Days on Market (units)||62||68||77||58||94||65||38||44||34|