Carson City Nevada Real Estate, Christianne Gordon, Stephen Orear, RE/MAX Realty Affiliates, Carson City Residential Real Estate Market Update March 2009 | 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

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

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

Carson Valley Homes
614 Patricia Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,524
Price: $164,900

Carson Valley Homes
1429 Sally Lane
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,438
Price: $164,900

Carson Valley Homes
1188 Mill Creek Circle
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,296
Price: $154,900

7395 Pah Rah Drive
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,412
Price: $119,900

Dayton NV Short Sales
5296 Bentgrass Drive
Beds: 3 Baths: 2
Garage: 3 Sq. Feet: 1,400
Price: $129,900

Sparks Short Sales
360 Blue Skies
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,500
Price: $147,000

Carson Valley Homes
1310 Aylesbury Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,512
Price: $174,900

Carson Valley Homes
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

Carson City Nevada Real Estate Market Poised for Recovery: March 2009
Wednesday, April 1st, 2009

As of March 31, 2009, there are 289 homes for sale in Carson City. The market is holding steady when compared with 292 homes for sale a month ago.

Of the 289 homes available for sale, 33 are bank owned and 47 are short sale. That means that 80 homes are distressed, equating to 27.7% of the market. That is the sale as last month. Although the proportion of distressed homes did not decrease, it did hold steady, and is down from slightly from January. It’s too soon to call it a trend, but if this pattern holds for a couple more months, it will make the argument that the Carson City real estate market is on the mend.

Today, there are 70 properties under contract / pending in Carson City. So how does this affect the absorption rate? Let’s take a look…

The Carson City real estate market currently has 289 homes on the market.
In March, 30 homes sold
289 / 29 = 9.63 months

If the Carson City market continues to sell 30 homes a month for the next couple of months and current levels of inventory hold, Carson City may be on the road to recovery the fastest when compared with it’s neighoring towns Dayton, Gardnerville and Minden.

(Our data is from the NNRMLS, exclusing all shared ownership or manufactured housing in Area 200.)

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