With 1,295 residents, Shandon is a smaller-than-average city in California. Also, with a 35.8% increase over the last 10 years, its population is growing faster than other parts of the state. Homes in Shandon are relatively old with a median age of 25 years. The best school in the city is Shandon High/Middle.
Comments:

This week in the Shandon market, sales dropped to three homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with zero in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. While the number of price reductions trended lower, months of inventory is on an eight-week downward trend, this week hitting zero months.
Comments:

The Shandon market looked busy in this week's report, as the number of home sales climbed 100.0%, pushing the total to four homes sold over the last 30 days. In comparison, nearby San Luis Obispo had 29 sales in the same time frame, the most of all neighboring cities. The median sales price rose dramatically to $257,000, up from last week's $194,000.
Comments:

With two homes sold in the Shandon market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. Potential buyers should note that prices are coming down in Shandon, and for this period the median sales price slid from $198,500 to $194,000.
Comments:

The Shandon market saw sales remain steady this week at two homes sold over the last 30 days, while it undergoes an identifiable downward trend in price reductions, with zero in the same time frame. The median sales price in Shandon stayed put this week at $198,500.
Comments:

The Shandon market saw two homes go under contract and failed to break out of an established downward trend. Despite that, total home sales rose to two over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. A months of inventory number of zero reported this week continued a four-week downward trend, even with the weak contracts numbers in the area.
Comments:

$284K  
Shandon is a small city in California, and is somewhat affluent with a median income of $53,881 per household. It's much older than the rest of the state, with a median age of 30. Shandon is an area where most people own their homes, with an ownership ratio of 58.0%. Heading the list of top schools in the city is Shandon High/Middle.
Comments:

$284K  
Over the last 30 days, a solid downward trend of new sellers coming into the Shandon market continued, with zero listings in this week's report. Meanwhile, sales dropped, with one home selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price in Shandon stayed put this week at $265,000. With only one month of inventory to sell, Shandon is a definite seller's market, in spite of the dip in sales.
Comments:

$284K  
The Shandon market looked active in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. At the same time, close-by San Luis Obispo reported 35 home sales, the highest number from all the surrounding cities. The median sales price dropped to $265,000, down from last week's $266,250.
Comments:

$284K  
Over the last 30 days, the Shandon market was steady and saw two homes sold. However, the number of pending transactions continued to decline, with a total of three transactions during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $266,250 continued a four-week upswing.
Comments:
Previous Page  1  2 3 4 5 6 Next Page


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.