What Do Recent Nevada County Market Conditions Mean for You?

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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!

Easy Ways to Neutralize the Look of Your Home

Buying a Nevada County Home? Search all Homes for Sale
 

Selling a Nevada County Home? Check out our FREE Home Value Report

Today I just wanted to show you a video from HGTV that showcases how a home can be neutralized in order to attract more buyers. When you're selling your home it's important to remember that it is a product that people want to buy, so you need to depersonalize it.

This would mean removing any flashy paint colors like pink or neon, because as much as you like it, a lot of potential buyers will probably not enjoy it as much as you do. Earth tones work well, like beige or off-white.

It's also important that the color scheme of your home is uniform throughout the home. It can be jarring for a buyer to walk into a bright red bedroom when the rest of the home is painted white.

It's also important to remember that sometimes less is more. Clutter in the home can distract buyers from what your home offers, and you want them to see your home, not all of your belongings.

To get a better idea of what you might need to do, just watch the video above. Also, don't be afraid to contact me with any questions or concerns you might have.

I'm always here to help you!

Nevada County Real Estate Market Update for Summer 2014

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.

We have made it to the midpoint of the year in 2014, making now a perfect time for another market update. Here are some important numbers to pay attention to:

• In the first 6 months of 2014, the average sales price has increased 5.5% to $325,000. This is equal to the average sales price from before the crash in 2008. We are still well off the all-time high in terms of average. It's unlikely we will see an average sales price of $474,000 again, at least in this particular market appreciation cycle. 
• Sales remain strong with a virtually identical number of sales in 2014 as compared to 2013.
• Overall, the market is strong. Appreciation rates are at a healthy and sustainable level, and interest rates are quite low.

If you have any questions about the market, or if you are interested in getting a free valuation for your home, please give us a call. We would be more than happy to assist you with whatever you need.