Southern Sierra Properties

TWO YEAR SALES TREND SUMMARY
KERN RIVER-LAKE ISABELLA
REAL ESTATE MARKET

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1/1/06 - 12/31/06

1/1/07 -  12/31/07

% Change

HOMES

     

Median Price

$220,500

$215,000

-2.5%

Average Price

$255,111

$216,970

-15%

Median Price Per Foot

$163

$160

-1.8%

Average Price Per Foot

$173

$165

-4.6%

Days On Market

123

167

+35.8%

Listing/Selling Price Spread

-6.3%

-6.3%

MANUFACTURED HOMES

Median Price

$87,750

$99,500

+13.4%

Average Price

$105,885

$119,146

+12.5%

Median Price Per Foot

$92

$87

-5.4%

Average Price Per Foot

$99

$98

-1%

Days On Market

131

144

+9.9%

Listing/Selling Price Spread

-4.9%

-7.2%

SUBDIVIDED BUILDING LOTS

Median Price

$35,000

$40,000

+14.3%

Average Price

$44,324

$48,478

+9.4%

Listing/Selling Price Spread

-9.8%

-7.4%

ACREAGE

Average Price Paid Per Acre

$10,629

$7,262

-31.7%

Listing/Selling Price Spread

-9.6%

-13.1%

ACTIVITY OVERVIEW

Total Yearly Sales

434

318

-24.1%

Total Dollar Volume

$56,882,347

$43,158,446

-21%



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