August Home Sales Results for Carson City | Carson Valley Real Estate, Gardnerville Homes, Carson City real estate

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Featured Listings

981 Wintergreen
Beds: 4 Baths: 2
Garage: 2 Sq. Feet: 2,512
Price: $429,900

577 Leealan
Beds: 4 Baths: 4.5
Garage: 6+ Sq. Feet: 4,192
Price: $1,299,900

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210 Meadowood Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 2,472
Price: $229,900

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908 Valley Crest
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,601
Price: $199,900

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614 Patricia Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,524
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1429 Sally Lane
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,438
Price: $164,900

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1188 Mill Creek Circle
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,296
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7395 Pah Rah Drive
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,412
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Dayton NV Short Sales
5296 Bentgrass Drive
Beds: 3 Baths: 2
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Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,500
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1310 Aylesbury Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,512
Price: $174,900

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1200 Esther Way
Beds: 5 Baths: 2
Garage:2 Sq. Feet: 1,968
Price: $195,000

1462 Garden Glen Court
Beds: 2 Baths: 2
Garage: 2 Sq. Feet: 1,285
Price: $265,000

2947 Hot Springs Road
Beds: 3 Baths: 2
Garage: 3 Sq. Feet: 1,714
Price: $339,900

2443 Hunt Circle
Beds: 4 Baths: 3.5
Garage: 6+ Sq. Feet: 3,509
Price: $424,900

1213 Foothill Road
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,706
Price: $425,000

1557 High Pointe Court
Beds: 4 Baths: 3.5
Garage: 6+ Sq. Feet: 2,235
Price: $424,900

740 Marron Way
Beds: 4 Baths: 2 full / 3 half
Garage: 3 Sq. Feet: 3,944
Price: $461,900

August Home Sales Results for Carson City
Friday, September 5th, 2008

The Carson City real estate market continues to be volatile, fluctuating from month to month. Each statistic we track – number of homes sold, median sales price, average per square foot price – is not on any easily visible and steady trend upward, downward. Here is the chart showing the sales history for Carson City for the last 14 months. (Data provided as per the Multiple Listing Service and excludes and manufactured or shared ownership housing.)

So – What does this chart mean? Well, if we take a closer look at the median sales price column, you’ll see that although there have been some dips from month to month, it looks as though overall, the median sales price for Carson City real estate is holding steady. We won’t know for sure for several more months, but it appears that Carson City hit it’s low in April 2008, when the median sales price was $235,000.

What homes are selling and in what price ranges? Here is the breakdown for August:

61% of the Carson City homes sold in August sold for under $299,000. When will prices start to trend back up? In order for prices to stabilize, the market needs to absorb the distressed properties, which are deflating prices. The distressed properties are the bank-owned foreclosures (REOâ€™s) and short sales. Next post, we’ll answer the question: Just how many REO’s and short sales are there in Carson City?

Attention Default Servicers

Contact our team today to help you divest your Northern Nevada REO properties. To see our list of REO certifications, Areas of Coverage and our REO resume, click here.

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