Monthly sales and current listings for the month of September.
Residential – 52 Sold Median Price – $235,ooo
15 Bank Owned - Median Price $198,000
4 Short Sale – Median Price $282,000
33 Private – Median Price $259,000
520 Active Listings 70 Bank Owned 36 Short Sales
Land – 2 Sold 297 Active Listings
Commercial/Industrial - 0 Sold 68 Active Listings
Business Opportunity – 0 Sold 11 Active Listings
Mobile Home – 4 Sold 110 Active Listings
*Information provided by Tuolumne County MLS
The first time home buyers tax credit is getting closer to expiring. The $8,000 credit will expire on November 30, 2009. If you act now you can still close in time to receive the credit. Congress is considering to extend the credit beyond November 30th. Some important facts:
*The average time-frame from when you find a property until it closes is 30-45 days.
*The tax credit is for first time home buyers only. If you haven’t owned a home in the last three years, you are a first time home buyer.
*The tax credit does note have to be repaid.
*Single tax taxpayers with income up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
Sales report for Tuolumne County – May. Compared with May 2008 sales.
Sold 2009 Sold 2008
Residential 48 39
Land 6 8
Commercial 2 0
Mobile Homes 4 4
Condo 0 1
Short Sales 2 2
Bank Owned 20 11
Current homes on the market.
Residential 587
Land 329
Commercial 67
Mobile Homes 99
Condo 14
Short Sales 90
Bank Owned 47
*Information from Tuolumne County Multiple Listing Service.
The Beautification Project in Jamestown is complete! The long awaited project has brought us new safer stamped concrete side walks and planters with trees, shrubs and flowers that brighten up downtown. There’s new tour bus parking at Rocca Park with stamped concrete in the middle of Main Street, at the intersection of Main and Seco, to mark the middle of town with new cross walks.
In recent years Jamestown has brought back its Historic Jamestown Branch Jail from Pollardville, which now sits behind the Park. Our Main Street has new old-fashioned street lights that light up our newly spruced up street.
In coming years downtown will get a facelift with exterior touches such as fixing or replacing doors and windows, decorative stone, awnings, signs, entrance lighting and exterior painting. Each business owner or building owner can apply for up to $30,000 in improvements from the development block grant program which is funded by the U.S. Department of Housing and Urban Development.
These improvements will make Jamestown more attractive and our visitors will have a beautiful, pleasant and peaceful visit to our small historic town.
Sales report for Tuolumne County – April. Compared with April 2008 sales.
Sold 2009 Sold 2008
Residential 41 29
Land 5 2
Commercial 0 0
Mobile Homes 6 7
Condo 0 0
Short Sales 2 2
REO 26 11
Current homes on the market.
Residential 563
Land 320
Commercial 68
Mobile Homes 96
Condo 11
Short Sales 85
REO 43
*Information from Tuolumne County Multiple Listing Service.
The County of Tuolumne is now accepting applications for their First Time Homebuyer Assistance Program. They have funding to help first time home buyers buy their first home. Maximum $100,000 with deferred payments ( to subsidize the purchase of your first home) with 3% interest. Their is a maximum gross income, for example: 4 people in household – $46,000 a year. For more info call: 866-449-2600.
