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 $600,000 range. The average sold price of a home is in the low $400,000 range. The average days on market is around 60-70 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)||113||103||88||79||89||83||102||103||124|
|New Listing (units)||27||26||18||20||23||45||83||44||40|
|Months of Inventory (Closed Sales)||4.3||5.8||4.4||3.3||6.1||4.0||3.9||3.3||5.0|
|Avg. Active Price (thousands)||606||588||622||624||581||570||609||623||576|
|Avg. Sold Price (thousands)||404||395||430||359||495||433||400||499||423|
|Median Sold Price (thousands)
|Days on Market (units)||46||70||79||65||90||89||73||112||48|