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!

Nevada County Real Estate Market Update

Buying a Nevada County Home? Search all Homes for Sale  
 Selling a Nevada County Home? Check out our FREE Home Value Report

Today we're here with your midyear real estate review for 2015, and it's all positive news.

Here in Nevada County, there are 500 homes on the market this July. In July of 2014, there were 650 homes on the market. Now, during July of 2015, there are 250 homes in escrow. In 2014, there were 175 homes in escrow. This means that we're seeing diminishing inventory and increased sales, which leads to appreciation.

However, it's hard to gauge how much appreciation is taking place. That's because homes don't appreciate evenly across every spectrum of the market. For instance, if you have a $250,000 home, it appreciates at a more rapid rate than a $750,000 home. Keep in mind, though, that all homes are appreciating.

Volume of sales is up by 31%. Coldwell Banker, Nevada County's leading real estate company, is up by 31%, as are my own personal sales.

If you've been waiting for market improvement, appreciation, or just for the right time to sell your home, this is it. We don't know how much longer these market conditions will last, but we do know that things are good right now.

If you have any questions about today's topic, or about real estate in general, please give me a call or send me an email. I'd 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!

What Trends Are We Seeing in Nevada County Real Estate?

 Buying a Nevada County Home? Search all Homes for Sale

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

Hey everyone, welcome back to my blog. I'm here to deliver you the latest information about the Nevada County real estate market. Today I am going to give you an update on what we saw in the first quarter of 2015.

Basically, it's all good news out there. We saw 4% home appreciation near the end of 2014, and my team's sales are up 40% so far in 2015. We are seeing a lot more movement in the higher price points in the market (above $600,000). Interest rates are still very favorable as well and are fueling the marketplace.

If you're thinking about selling and curious about the value of your home, give me a call. If you aren't, but happen to know somebody who is, pass along my information and have them contact me. Thanks again for tuning in! We will talk to you soon!

What Does The Nevada County Real Estate Market Look Like?

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.

Hey there and Happy New Year, welcome back to my blog! Today I'd like to recap what happened in 2014 in the Western Nevada County real estate market, and where we are likely headed in 2015.

First off, some good news. In 2014, we saw home appreciation rise to 8%, while sales declined by 8%. These are classic signs of the real estate market normalizing and creating stability, which is good for everyone. In 2015, we will see continued stabilization in the market, a modest appreciation of 5-7%, and a more even playing field between buyers and sellers.

If you have been thinking of selling your home, you need to know about a few things. Most sellers tend to wait until the spring to put their property on the market for sale. Listing your home in winter may make things a whole lot easier. There is much less competition on the market right now for your home, while there are still plenty of serious buyers looking to make a purchase and lock in a low interest rate. This is a great time for both buying and selling in our market.

If you or somebody you know is thinking about buying or selling real estate in Nevada County, be sure to give us a call. We would be glad to help out and answer any questions you may have.