The “Y” is a centrally located area where Highway 50 meets Highway 89 heading toward Emerald Bay. This popular area saw some mixed notes in all the categories that we follow. The good news for sellers is that the average sold price went up slightly at 5.7%. However, the median sold price went down slightly at 3%. The closed sales went down 8.3% while the pending sales went down 12.5%. The new listings did go up, which is welcomed news, at 23.1%. The days on the market went down 31.4% while the month supply decreased by 51.6%.
| Y Area Market Comparison | 2017 | 2016 |
|---|---|---|
| Number of Sales | 22 | 24 |
| Median Home Price | $294,500 | $302,500 |
| Average Home Price | $312,918 | $296,125 |
| Average List to Sale Ratio | 97.2% | 97.3% |
| Median Dollar Per Square Foot | $110 | $161 |
| Days on the Market | 94 | 137 |
| Month Supply | 3.0 | 6.2 |
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