Penryn, CA Real Estate Statistics Report - June 2011

 

	1 quarter			1 year			6 years
	Feb 11	May 11	% Change	May 10	May 11	% Change	May 05	May 11	% Change
For Sale	7	11	57.1%	11	11	0%	5	11	120%
New Listing	3	6	100%	5	6	20%	4	6	50%
Sold	3	3	0%	3	3	0%	2	3	50%
Pended	2	4	100%	3	4	33.3%	3	4	33.3%

The number of homes for sale in Penryn increased between February and May 2011, but remained even with the number for sale in 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 the number of new listings added in May of last year.

As of June 27th, 2011 there are 2 homes listed in Penryn that are short sales in contract awaiting bank approval, compared to 1 on April 16th, and 3 on June 16th 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 Penryn in May was even with February and May of last year.

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

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

 

	1 quarter			1 year			6 years
	Feb 11	May 11	% Change	May 10	May 11	% Change	May 05	May 11	% Change
For Sale	7	11	57.1%	11	11	0%	5	11	120%
New Listing	3	6	100%	5	6	20%	4	6	50%
Sold	3	3	0%	3	3	0%	2	3	50%
Pended	2	4	100%	3	4	33.3%	3	4	33.3%

The number of homes for sale in Penryn increased between February and May 2011, but remained even with the number for sale in 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 the number of new listings added in May of last year.

As of June 27th, 2011 there are 2 homes listed in Penryn that are short sales in contract awaiting bank approval, compared to 1 on April 16th, and 3 on June 16th 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 Penryn in May was even with February and May of last year.

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

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

Penryn Price Per 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	164	184	12.1%	174	184	5.8%	297	184	-38%

The average price per square-foot of Penryn homes increased in May 2011 when compared to February and May of 2010.

Penryn Average List Price and Average Sales 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	582	589	1.2%	664	589	-11.3%	783	589	-24.8%
Avg. Sold Price	385	572	48.6%	501	572	14.2%	759	572	-24.6%

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

The average sales price was higher in May when compared to both February of this year and May of last year

Penryn Median Home Sales Price

 

	1 quarter			1 year			6 years
	Feb 11	May 11	% Change	May 10	May 11	% Change	May 05	May 11	% Change
Median Price	373	564	51.2%	486	564	16%	833	564	-32.3%

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

Penryn Number of 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)	2.3	3.7	60.9%	3.7	3.7	0%	2.5	3.7	48%

The inventory of homes for sale in Penryn, when calculated using the number of homes for sale compared to the number of homes that have recently sold stands at 3.7 months, which is higher than February of this year, but is even with May of last year.

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

 

	1 quarter			1 year			6 years
	Feb 11	May 11	% Change	May 10	May 11	% Change	May 05	May 11	% Change
Avg. CDOM	85	56	-34.1%	181	56	-69.1%	0	56	n/a
Sold/List Diff. %	99	101	2%	98	101	3.1%	98	101	3.1%

Average consecutive days on market was down 29 days for Penryn homes sold in May compared to February, and was down 125 days compared to May of last year.

The average discount negotiated off the list price of Penryn home was actually negative in May, because on average the homes that were sold in Penryn were sold for more than their list price. 

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Penryn, 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.

 

Penryn Price Per 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	164	184	12.1%	174	184	5.8%	297	184	-38%

The average price per square-foot of Penryn homes increased in May 2011 when compared to February and May of 2010.

Penryn Average List Price and Average Sales 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	582	589	1.2%	664	589	-11.3%	783	589	-24.8%
Avg. Sold Price	385	572	48.6%	501	572	14.2%	759	572	-24.6%

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

The average sales price was higher in May when compared to both February of this year and May of last year

Penryn Median Home Sales Price

 

	1 quarter			1 year			6 years
	Feb 11	May 11	% Change	May 10	May 11	% Change	May 05	May 11	% Change
Median Price	373	564	51.2%	486	564	16%	833	564	-32.3%

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

Penryn Number of 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)	2.3	3.7	60.9%	3.7	3.7	0%	2.5	3.7	48%

The inventory of homes for sale in Penryn, when calculated using the number of homes for sale compared to the number of homes that have recently sold stands at 3.7 months, which is higher than February of this year, but is even with May of last year.

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

 

	1 quarter			1 year			6 years
	Feb 11	May 11	% Change	May 10	May 11	% Change	May 05	May 11	% Change
Avg. CDOM	85	56	-34.1%	181	56	-69.1%	0	56	n/a
Sold/List Diff. %	99	101	2%	98	101	3.1%	98	101	3.1%

Average consecutive days on market was down 29 days for Penryn homes sold in May compared to February, and was down 125 days compared to May of last year.

The average discount negotiated off the list price of Penryn home was actually negative in May, because on average the homes that were sold in Penryn were sold for more than their list price. 

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Penryn, 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.