Dayton Valley Nevada Real Estate Market Report - August 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

Dayton Valley Real Estate Market Update – September 2009
Wednesday, October 7th, 2009

September 2009 Dayton Valley Nevada Real Estate Market Report

We had 27 home sales in the Dayton Valley in Sepmteber 2009, another 100%+ volume increasxe over September 2008 when 13 homes sold. September makes the second month in a row where sales volume has doubled year over year.

Here is a snapshot of our market indicators for September:

27 homes sold
Average asking price is $176,081
Average selling price is $172,301
Average days on market is 160

So what is the absorption rate for the Dayton Valley?

There are 106 homes on the market as of 10/7/09
27 homes sold in September
106/27 = 3.93 months of inventory

The absorption rate for the Dayton Valley continues to be strong and under the 5-7 months considered a normal supply. Dayton’s affordability over neighboring Carson City, Reno / Sparks or the Carson Valley continues to be a big attraction over the higher priced areas.

Of the 106 homes on the market, 14 are bank owned and 22 are short sales. The number of homes on the market continues to shrink and buying activity is holding steady. This is why we’re seeing increases in the asking prices and selling prices in Dayton. With such low inventory, the Dayton Valley Nevada real estate market is furthering our opinion that it has become a seller’s market.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Areas 420, 416, 414, 412, 410, 402, and 403 known as the Dayton Valley and the outlying areas.)

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