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« Colfax Foreclosures Statistics Report for May 2011 | Main | Meadow Vista Real Estate Sales March - May 2011 »

June 28, 2011

Colfax Real Estate Statistics Report - June 2011

Colfax Home Sales 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
For Sale 48 51 6.3% 50 51 2% 24 51 112.5%
New Listing 14 18 28.6% 15 18 20% 19 18 -5.3%
Sold 7 8 14.3% 9 8 -11.1% 14 8 -42.9%
Pended 8 9 12.5% 8 9 12.5% 11 9 -18.2%

The number of homes for sale in Colfax increased in May when compared to February and May of last year.

The number of new listings that were added to to the market in May was higher than the number added in February and in May of last year.

As of June 28th, 2011 there are 9 homes listed in Colfax that are short sales in contract awaiting bank approval, compared to 13 on April 15th, and 11 on May 31st of last year.

The number of homes that were pending sale was up in May when compared to both February and May of last year.

The number of homes that sold in Colfax in May was up compared to February, but was down when compared to May of last year.

To view a list and map of the recent homes that sold in Colfax, click Colfax home sales March - May 2011.

To view an analysis of foreclosure activity in Colfax, CA for the period, click Colfax Foreclosure Report May 2011.

To view a current list of the homes for sale in Colfax, click Colfax Homes for Sale.

Colfax Price Per Square-Foot

Colfax Price Square Foot 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Avg. Sq. Ft. Price 111 126 13.6% 125 126 1.2% 247 126 -49%

The average price per square-foot of Colfax homes increased in May when compared to February and May of last year.

Colfax Average List Price and Average Sales Price

Colfax Average Home Price 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Avg. Active Price 295 305 3.4% 495 305 -38.4% 590 305 -48.3%
Avg. Sold Price 188 199 5.9% 233 199 -14.6% 493 199 -59.6%

The average asking price for Colfax homes was higher in May than it was in February, but was down compared to May of last year. 

The average sales price was up in May compared to both February of this year, but was down compared to May of last year.

Colfax Median Home Sales Price 

Colfax Median Home Price 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Median Price 198 177 -10.6% 219 177 -19.2% 426 177 -58.5%

The median sales price of homes in Colfax was down in May when compared to February of this year and May of last year.

Colfax Number of Months of Housing Inventory

Colfax Months of Housing Inventory 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Months of Inventory (Closed Sales) 6.9 6.4 -7.2% 5.6 6.4 14.3% 1.7 6.4 276.5%

The inventory of homes for sale in Colfax, when calculated using the number of homes for sale compared to the number of homes that have recently sold stands at 6.4 months, which is lower than February of this year, but is higher than May of last year.

Colfax Average Days on Market and Sales Price to List Price %

Colfax Days on Market 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
Avg. CDOM 101 136 34.7% 128 136 6.3% 0 136 n/a
Sold/List Diff. % 98 97 -1% 97 97 0% 98 97 -1%

Average consecutive days on market was up 35 days for Colfax homes sold in May compared to February, and was up 8 days compared to May of last year.

The average discount negotiated off the list price of Colfax homes was 3% in May compared to 2% in February and 3% in May of last year.  

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Colfax, CA, please feel free to contact us at 916-728-1981.

 

*All reports are published Jun. 2011, based on data available at the end of May. 2011.
All reports and graphs presented  were created by www.TrendGraphix.com and are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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