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REAL ESTATE
BISHOP, CALIFORNIA
 
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Bishop Real Estate Market Update

Information is for all sales & listings in the Bishop area reported to the Bishop Listing Service 

How is the real estate market? As of 10/31/07 As of 10/31/06 % Change
Total properties sold 210 238 -11.76%
Dollar volume of property sold $60,966,323 $70,463,590 -13.48%
Median Sales Price Homes (No. Inyo) $385,000 $401,500 -4.11%
Average days on market for homes 118.5 104.6 13.29%
What is selling? (# of closed escrows) As of 10/31/07 As of 10/31/06 % Change
Homes 127 132 -3.79%
Mobile Homes 61 65 -6.15%
Lots & Acreage  20 34 -41.18%
How many properties are for sale? As of 10/31/07 As of 10/31/06 % Change
Homes 140 68 105.88%
Mobile Homes 53 37 43.24%
Lots & Acreage  75 40 87.50%
Interest Rates - National Averages* 11/1/2007 Previous Week 6 Months Ago
30-year fixed 6.26% 6.40% 6.16%
*these quotes provided by Freddie Mac @ FreddieMac.com

Homes Sales By Price Range

Price Range Active Home Listings as of 11/06/07 Number of Homes Sold as of 10/31/07 Number of Homes Sold per Month YTD Number of Months Inventory of Homes *
$<300K 31 43 4.30 7.21 Months
$300 - $400 38 38 3.80 10.00 Months
$400 -$500 19 16 1.60 11.88 Months
$500 - $600 21 12 1.20 17.50 Months
$600 - $700 9 8 0.80 11.25 Months
$700 to $800 10 4 0.40 25.00 Months
$800 + 12 6 0.67 18.00 Months

 

 
 

Erin Hicks
Broker Associate
Coldwell Banker
LeeAnn Rasmuson & Associates

370 West Line St.
Bishop, CA 93514
toll-free: 866-245-2373
voice: 760-873-4264 x 41
cell: 760-258-6687
fax: 760-873-4875

erin@bishop-realestate.com
www.bishop-realestate.com

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