Green Valley Lake

 

COMMENTARY

 

As we close out the 2nd quarter of 2024, we are pretty much on the path we expected from the beginning of the year. Listings are up mountain wide as sales dropped a bit across the board. Listing prices and median sales prices moved a little in each direction depending on the area, but no significant changes were seen. Looking ahead, we are expecting more of the same and we are anticipating an interest rate decrease in September.

With the stability we are experiencing in home prices, sellers have retained much of their equity and are in great position to sell in this market. If you are considering selling this year, we can assist you in preparing your home to sell for the highest return on your dollar. We are your neighbors and your LOCAL experts with decades of mountain sales experience. We come to the table backed by 80 agents to get the job done!

Coldwell Banker Sky Ridge Realty remains #1 in listings and in sales mountain wide! Give us a call, we’re here to help!

 

                            John Lassak III                                                     Andrea Lassak

                          DRE# 02028106                                                    DRE#00827102

                             714-308-1339                                                         909-633-8106

                     JLassak3@Gmail.com                                           CBLassak@aol.com

           www.LiveOnTheMountain.com                      www.LiveOnTheMountain.com

        JohnLassak.com

 

MARKET STATUS REPORT

2ND QUARTER 2024

In an effort to provide the latest report on market activity in the Green Valley Lake area, I have compiled the following statistics for your review. This is a compilation of information taken from the California Regional Multiple Listing Service, is accurate as of June 30, 2024 and includes residential properties only.

 

MARKET ANALYSIS FOR LISTINGS

 

Active Listings                                                                                                                                         48

Price Range                                                                                                                                              $199,900-$627,000

Median Listing Price 2nd Quarter 2024                                                                                               $387,000

Median Listing Price 1st Quarter 2024                                                                                                $439,450

Median Listing Price 2nd Quarter 2023                                                                                               $340,000

Average Price Per Square Foot                                                                                                             $368

 

MARKET ANALYSIS FOR SALES

 

Sold Homes 2nd Quarter 2024                                                                                                             10

Sold Homes 1st Quarter 2024                                                                                                               11

Sold Homes 2nd Quarter 2023                                                                                                              8

Average Days On The Market                                                                                                                 85

Price Range                                                                                                                                              $245,000-$475,000

Median Sales Price 2nd Quarter 2024                                                                                                 $391,000

Median Sales Price 1st Quarter 2024                                                                                                  $339,000

Median Sales Price 2nd Quarter 2023                                                                                                 $370,000

Average Price Per Square Foot                                                                                                             $382

Homes Currently In Escrow                                                                                                                    2