Plumas and Sierra County Market Report

Plumas County

The average sold price for a home in Plumas County was at $305,000 last month. This is down 8.1% compared to this time last year. The average sale price per square foot in Plumas County is still at $217 per square foot. While sales are slightly lower, values are holding steady.

Homes are selling on an average of 6.3% below list price, taking 144 days on average to sell.

In the last 30 days, a total of 7 homes sold in Plumas County, ranging from $355K and $325K for a 3 and 4 bedroom home to $220K for a 2 bedroom home.

A total of 10 lots sold over the last 30 days. This includes a beautiful 40-acre parcel, which sold for $660K in Clio, and a 10-acre lot that sold for $110K in Blairsden.

In Plumas County, there are currently 96 available homes for sale. Lake Almanor features a few 2 million dollar listings and there are also a few exquisite 1 million dollar homes in Clio.

52 of the homes are available under $400K. There are also 26 homes available for sale under $300K. In Chester, Quincy and Portola, there are several homes listed below $200K.

Sierra County

The average sold price for a home in Sierra County was at $275,000 last month. This is up 5.8% compared to this time last year. The average sale price per square foot in Sierra County is down 7.7%, at $241 per square foot. The price per square foot in Sierra County is still higher than Plumas County.

On average, homes are selling at about 8% under list price during the last 30 days, with days on market at about 162.

Two homes have sold over the last 30 days. This includes a 2 bedroom and 1 bath home in Loyalton, which sold for $275K. A slightly larger 3 bedroom and 1 bath home sold in Calpine for $275K.

In Sierra County, there are currently only 5 homes for sale, including a $730K three-bedroom home in Loyalton. Prices range from $1.3 million for a three-bedroom home in Calpine, to a one-bedroom home in Goodyear’s Bar offered at $147.5K.

There are also a few resorts and commercial opportunities on the market, including the Yuba River Inn, listed at $2.8 million. Last year, Basset’s Station and the Lure Resort both sold to new owners. Basset’s Station’s gas pump will now be open year-round. It will have a new credit card feature to pump gas when they are closed.

The Plumas and Sierra County lifestyle is similar to Lake Tahoe, with homes priced significantly lower than the Tahoe basin. This provides a ground-floor opportunity to enjoy similar surroundings at a more affordable price.

I am really excited about some of the new listings that are coming onto the market, especially in Plumas County. Contact me today for a list of available properties.