Carson Valley Real Estate Market Update – January 2009 | Carson Valley Real Estate, Gardnerville Homes, Carson City real estate

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Featured Listings

1195 Bandtail Drive
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,719
Price: $200,000

2947 Hot Springs Road
Beds: 3 Baths: 2
Garage: 3 Sq. Feet: 1,714
Price: $385,000

7395 Pah Rah Drive
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,412
Price: $169,900

853 Auburn Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,105
Price: $155,900

720 Lassen Way
Beds: 3 Baths: 2
Garage:2 Sq. Feet: 1,326
Price: $169,900

1200 Esther Way
Beds: 5 Baths: 2
Garage:2 Sq. Feet: 1,968
Price: $224,900

1101 Calaveras Drive
Beds: 5 Baths: 3.5
Garage: 2 Sq. Feet: 2,796
Price: $319,900

2664 Firenze Drive
Beds: 3 + den Baths: 2.5
Garage: 3 Sq. Feet: 2,522
Price: $399,900

740 Marron Way
Beds: 4 Baths: 2 full / 3 half
Garage: 3 Sq. Feet: 3,944
Price: $599,900

2500 Leviathan Mine Road
Beds: 3 Baths: 3
Garage: 4 Sq. Feet:3,308
Price: $749,000 on 19+ ac.

Carson Valley Real Estate Market Update – January 2009
Monday, January 26th, 2009

As of January 26, 2009, there are 485 homes for sale in the greater Gardnerville, Minden and Genoa area. The total number of homes available for sale continues to decrease from 3 months ago when there were 574 homes on the market. A decrease in supply is one of the key factors that will help stabilize prices in our valley. One of the most basic principles in economics is the function of supply and demand. (Data is according to the Multiple Listing Service and excludes any shared ownership or manufactured housing.)

Supple and Demand

Of the 485 homes currently being marketed for sale, 39 homes are bank-owned properties and 48 are short sales. That means there are 87 homes out of the 485, or 17.9% of the total number of homes currently for sale, are distressed. That is up from 14.4% a month ago.

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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