HOPE Flyer    Are you looking to buy a home in Amador or El Dorado counties? We are holding a workshop to help you prepare yourself for the home buying process,  on Saturday March 10th from 9am-1pm at Placer Title in Jackson, you will have the opportunity to talk with lenders, Amador County Realtors, Title & Escrow officers, and receive assistance in understanding your credit.  Please call or e-mail Bridget at Bridget@BridgetSells.com  (530) 306-9111 reservations or required. We will have a list of homes in various price ranges in areas such as: Plymouth, Ione, Sutter Creek, Jackson, Pine Grove, Mt Aukum, Fairplay, and River Pines.

November 2006 was a slow month in Pioneer residentilal sales considering the market of a year ago.  Sales were down substantially, with only three units selling in November as compared to nine in November of 2006.

To be sure, nine units is statistically compelling, and three units is downright unrepresentative, but let’s plow ahead boldly anyway and see what we can make of things.

The average home that sold in Pioneer this November was considerably smaller and more inexpensive than last year’s average. The average sale price was down 30.5%, from $342,333 to $238,000, which looks like some kind of catastophy until you realize that this year’s average home was also 37% smaller at 1060 square feet than last year’s 1615 square feet.  As a result, the sold price per square foot ratio actually rose during this peirod, from $215 per square foot to $237 per square foot.