Home sales for Lake of the Pines, Ca. in 2013.
Let’s dispense with anecdotal examples. Let’s swerve around wishful thinking. Let’s take an honest look at the hard evidence–actual sales of homes at Lake of the Pines, California.
For this analysis, we’ll compare sales data from the Nevada County Association of Realtors for the first quarter of 2013. This analysis shows the “average” for non lakefront homes as there weren’t any lakefronts sold during the first quarter.
Number of homes sold 26
Average Days on the Market (DOM) 81
Asking Price at time of sale $252,423
Asking Price per square foot $141.71
Actual Sold Price $244,297
Percent sold price to asking price 97%
The average size of homes sold 1716 sq ft
Average High sold $495,000
Average Median sold $207,750
Average Low sold $124,000
This analysis of home sales for Lake of the Pines, Ca. in 2013 will probably look different in the next quarter. Currently there aren’t any homes for sale in Lake of the Pines under $200,000. The market is picking up and home prices are beginning to rise too.
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