We Specialize In These Grass Valley Area Communities

Nevada County - Nevada City - Grass Valley
Rough and Ready - Alta Sierra - Penn Valley

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2016 Real Estate Review for Nevada County


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Hello and Happy 2016 to you all. We are in a new year, so I wanted to take some time today to bring you a "year-in-review" for 2015. Thanks to all of our great clients and friends, we were able to have another record year. We were so happy to get so many of your referrals!

First of all, in the Nevada County market this year, we had an average appreciation of 12%! We also saw over 1,400 sales in 2015, the most we've had since 2005! These are both great figures and point to just how healthy our market has become. We are also rapidly approaching our record high sale prices from 2005, and may be hitting those numbers soon. 


We also saw a lot more homes sell in the $500,000+ range than we have in years past. This has allowed many people who were waiting for the market to improve in order to downsize to do so. This creates movement in both the upper and middle part of our market. 

Next time, I'll bring you a forecast for where I think the market is heading in 2016. This coming week, I will attend a conference with some of the best agents and real estate experts in North America, and I'll bring back some great information for you to use in 2016. 

If you have questions for me at any time, feel free to give me a call or send me an email. I look forward to hearing from you!

Wishing You a Safe and Fun Holiday Season



Today we're not going to talk about real estate or interest rates. I just want to wish you Happy Holidays on behalf of my team. Your business and referrals made 2015 a great year, and 2016 looks to be even better.


None of this could have been accomplished without your help!
Enjoy the sights and sounds of Christmas in this video. Happy Holidays!

Buying a Nevada County Home? Search all Homes for Sale   
Selling a Nevada County Home? Get a FREE Home Value Report

What Do Recent Nevada County Market Conditions Mean for You?



Buying a Nevada County Home? Search all Homes for Sale 

Selling a Nevada County Home? Get a FREE Home Value Report
 
Today, I want to address a question I get on a day-to-day basis: Where is the Nevada County market heading? Let's take a look at the numbers:
  • There are about 665 homes on the market, 195 of which are in escrow.
  • We only have about a 3-month supply of homes.
  • We're on track to sell 100 more homes this year than we did in 2014.

  • There's been a 45% increase in the number of homes sold over $500K


  •  Home values have appreciated by 10% since this time last year. What do these stats mean for you? Well, it means our market is still quite active, even though fall is in full swing. Prices are up and inventory is low, making now a fantastic time to sell if you want to get top dollar and sell fast.

If you have any questions about market conditions in your neighborhood, please don't hesitate to reach out to me. I would love to hear from you!