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« Colfax Foreclosures Statistics Report for August 2011 | Main | Auburn, CA Real Estate Sales June - August 2011 »

September 26, 2011

Colfax Real Estate Statistics Report - September 2011


Colfax Home Sales
 

  1 quarter 1 year 6 years
  May 11 Aug 11 % Change Aug 10 Aug 11 % Change Aug 05 Aug 11 % Change
For Sale 51 54 5.9% 61 54 -11.5% 47 54 14.9%
New Listing 18 16 -11.1% 19 16 -15.8% 22 16 -27.3%
Sold 8 9 12.5% 9 9 0% 10 9 -10%
Pended 9 11 22.2% 8 11 37.5% 11 11 0%

The number of homes for sale in Colfax increased in August when compared to May of this year, but decreased compared to August of last year.

The number of new listings that were added to to the market in August was slightly lower than the number added in May and the number added to the market in August of last year.

As of September 26th, 2011 there are 9 homes listed in Colfax that are short sales in contract awaiting bank approval, compared to 9 on June 28th and 7 on August 10th, 2010.

The number of homes that were pending sale in August was slightly higher than the number of homes pending sale in May and the number pending sale in August of last year.

The number of homes that sold in Colfax in August was higher than the number of homes sold in May of this year, but was the same as the number sold in August of last year.

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

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

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

Colfax Average Price Per Square-Foot

Colfax Home Price Per Sqft 

  1 quarter 1 year 6 years
  May 11 Aug 11 % Change Aug 10 Aug 11 % Change Aug 05 Aug 11 % Change
Avg. Sq. Ft. Price 126 111 -11.8% 129 111 -13.9% 273 111 -59.2%

The average price per square foot of Colfax homes was lower in August than it was in May of this year and August of last year.

Colfax Average List Price and Average Sales Price

Colfax Average Home Price 

  1 quarter 1 year 6 years
  May 11 Aug 11 % Change Aug 10 Aug 11 % Change Aug 05 Aug 11 % Change
Avg. Active Price 305 304 -0.3% 460 304 -33.9% 576 304 -47.2%
Avg. Sold Price 199 175 -12.1% 233 175 -24.9% 485 175 -63.9%

The average asking price for Colfax homes was slightly lower in August than it was in May of this year, but was considerably less than it was in August of last year.

The average sales price of Colfax homes was lower in August than it was in May of this year and August of 2010.

Colfax Median Home Sales Price 

Colfax Median Home Price 

  1 quarter 1 year 6 years
  May 11 Aug 11 % Change Aug 10 Aug 11 % Change Aug 05 Aug 11 % Change
Median Price 177 159 -10.2% 220 159 -27.7% 479 159 -66.8%

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

Colfax Number of Months of Housing Inventory

Colfax Housing Inventory 

  1 quarter 1 year 6 years
  May 11 Aug 11 % Change Aug 10 Aug 11 % Change Aug 05 Aug 11 % Change
Months of Inventory (Closed Sales) 6.4 6 -6.3% 6.8 6 -11.8% 4.7 6 27.7%

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 months, which is lower than May of this year and August of last year.

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

Colfax Days on Market 

  1 quarter 1 year 6 years
  May 11 Aug 11 % Change Aug 10 Aug 11 % Change Aug 05 Aug 11 % Change
Avg. CDOM 136 95 -30.1% 144 95 -34% 0 95 n/a
Sold/List Diff. % 97 95 -2.1% 96 95 -1% 99 95 -4%

Average consecutive days on market for Colfax homes sold in August was lower than in May of this year and August of last year.

The average discount negotiated off the list price of Colfax homes was 5% in August compared to 3% in May and 4% in August 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, please feel free to call us at 916-728-1981.

*All reports are published September. 2011, based on data available at the end of August. 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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