It's a Great Time to Sell in Nevada City, Grass Valley, and Penn Valley



There are many great Grass Valley area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (530) 273-0073 for a FREE home buying or selling consultation to answer any of your real estate questions.

Spring 2014 Real Estate Market Update for Nevada County
I'm going to take this opportunity to give you an update for the 1st quarter of 2014. I'll be focusing my review on Nevada City, Grass Valley, and Penn Valley. 
  • There were 248 sales in the first quarter compared to 285 sales in the first quarter of 2013, so sales are down.
    • The silver lining here is that the average sales price has risen.  
    • Average sales price for this quarter is $345,000, which is a 12% increase from last year.
  • We have an inventory of 455 homes, and an additional 146 homes in Escrow today. 
    • Bottom line is that inventory is very low, and is sitting right around 2.5 months' worth of homes.
  • If you're thinking of selling, there absolutely could not be a better time to do so.
    • With inventory so low, you will sell fast and for top dollar.  
    • If you're unsure about selling, you'll probably be surprised at how much your home is worth, so contact me or utilize our free home value tool. 
If you would like to sell, I would urge you to contact me and we can plan some ways to maximize the value of your home, as well as come up with a road map for getting it sold in a timely fashion. 

Feel free to call me at (530) 273-0073 or email me at kurt@kurtcongdon.com