LOP, ALTA SIERRA AND SOUTH COUNTY PROPERTY VALUES

Over the past 12 months there were 99 single family homes which sold in Alta Sierra, Lake of the Pines as well as the South County area under $200,000. The lowest priced home was found in LOP which was 24212 Oakmont Way, the sales price was recorded at $73,000 for the three bedroom with two and a half bath 1,872 square foot home.

Currently there are 16 homes on the market in that same area with a list price less than $200,000. With the lowest price being a three bedroom, two bath, 1,448 sq. ft. home on a .37 lot located at 10969 Lakeshore North within Lake of the Pines currently priced at $126,000.

Now for the other end of the spectrum within the same area over the same time frame. There were three homes that sold with a sales price over $900,000. All three are water-front properties, with the most expensive being a 4,000 sq. ft. home on one acre on Lake Combie for $1,300,000.

Staying with water-front for a moment but looking at the lower end of the spectrum. There was a 1,796 sq. ft. three bedroom two bath home on .22 water-front lot on Lake Combie that sold within the past 12 months for $499,000.

Currently the lowest price water-front home on the market is on a four bedroom, two and a half bath, 2,276 sq. ft. home listed at $799,000.

Please feel free to contact me at 530.477.2277 if you would like for me to educate you on the current market conditions.

Scott Hopper - Realtor, 530.477.2277