Lowest Priced & Highest Priced California Counties

-- According to April Statistics, Lake County has the lowest prices, median price of a home there is$98,330. (Must be a lot of Mobile Homes). Highest is Marin County where the median price is now $726,060. Our own SLO county is now $390,180 which is 3.2% less then a year ago in April.

April North County Real Estate Stats

Sales of all North County real estate types increased 3% in April over March. Sales for the 1st 4 months of this year are also now up 17% versus the 1st 4 months of last year. Properties in escrow are also up 10% over last month and properties on the market are down 8% when compared to the same time last year. The trend continues to be positive at this time.

Largest Landowner in the US??

 - That would be Ted Turner, the former CNN Magnate who just added to his large ranch holdings with his recent purchase of Nonami Plantation near Albany, Georgia, the largest property in his hometown state. That coupled with his ranches in Kansas, Montana, Nebraska, New Mexico, Oklahoma, and South Dakota put him at now owning over TWO million acres. Largest in California? That would be Red Emmerson of Sierra Pacific Corp, whose timber company now owns app. 1.7 million acres.

MARCH NORTH COUNTRY REAL ESTATE STATISTICS

- Sales of all Northern SLO County real estate increased an impressive 23% in March over February of this year. The 1st quarter of this year also shows sales up 12% over the 1st quarter of last year. Pending sales (properties in escrow) are down 5% from February and there is now 9% less properties for sale then there was a year ago at this time.

New Record for Highest Price ever Paid for a Home!

Only in California and only in Silicon Valley do these things happen today!.  Go to http://online.wsj.com/article/SB10001424052748704530204576233170859101198.html?mod=WSJ_RealEstate_LEADTopNews

New Record for All Cash Sales

RECORD NUMBER OF ALL CASH SALES - In January over 30% of all homes sold in California were all cash sales. To see why, go to http://www.dqnews.com/Articles/2011/News/California/CashSales/CACash110228.aspx

FEBRUARY 2011 NORTH COUNTY REAL ESTATE STATS

- Sales were down 11% in February from January but that is normal as February closed escrows depend on December openings which is the slowest time of year. 2/11 sales are up 19% over same month in 2010 and the 1st 2 months of 2011 are up 22% over the same time last year. ...