January 21, 2014
2013 was a busy year for real estate sales in Salida. Many new listings (that were priced and marketed well) received multiple offers and sold within weeks. The median price was slightly higher than 2012 ($228,000 in 2013 vs. $227,500 in 2012). 177 homes sold in and around Salida in 2013, which is the highest number of sales since 2007 (which had 245 sales). Even the typically quiet 4th quarter saw 50 sales, which is more sales than any other quarter (except Q3 of 2013) since 2007! After several years of slow growth and recovery, the market appears to be much stronger and improving. It’s about time!
Below are some interesting notes about the Salida Real Estate market in 2013:
Median Price was $228,000 (in-town)
Average market time – 167 days
80% of sales were under $350,000
If you’re thinking of selling your home in Salida, please call or email us today!