Calistoga weekly real estate update

STATS FOR LAST 7 DAYS

new listing 0, price reduced 2, sale pending 1,  sold 1

new listing

price reduced   1391 Tucker Rd, $1,134,000, 2 br 2 ba, 1,674 sf

                                17700 Ida Clayton Rd, $2,975,000, 5 br 5 ba, 5,370 sf

new pending      1505 Cedar St, $328,000, 2 br 1 ba, 1,242 sf    

new sold              1822 Foothill Blvd, $289,000, 2 br 2 ba, 980 sf

median prices, average days on market

ONE NOTE ABOUT BELOW: I am using median prices now and not average prices. Give the nature of things today, one large sale can distort averages so easily, median prices more accurately reflect the true market (median is 1/2 the number of sales are more than this figure and 1/2 are less than). For Calistoga: avg for sale price, $1,976,416; avg  pending price, $484,200; avg sold price $794,431.   

current listings for sale    56   med price  $1,449,500; avg days on market 231

current sale pendings         5  med price  $330,000; avg days on market 125

sold in last 6 months         18   med price  $365,500; avg days on market 142