Remax®
Stephen Orear
(775) 690-0685
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Christianne Gordon
(775) 881-8223
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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

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

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

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

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

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

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

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

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

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
Saturday, January 31st, 2009
Today is January 31, and even though it’s still technically January, there aren’t any title companies doing closings on Saturday, so the Northern Nevada Multiple Listing Service January sales numbers are available, a day early.
We have 18 homes sell in the Carson Valley this month. Before you says OUCH and debate that the end of the world is indeed near, let me call your attention to the 2008 January sales volume. We only sold 23 homes in 2008. When you consider that, we’re really not so far off, are we?
The good news is, January is typically the worst month of the year for the Carson Valley real estate market, and now it’s over! Onward and upward! Inventory is still at a recent all-time low (there are currently 486 homes for sale), interest rates are great, and with banks listing bank-owned homes are incredible prices, the market is priming itself to bottom out and begin it’s slow climb out of this mess.
Look to the new administration to jump start special financing programs with the remainder of the $700 Billion Bailout. According to the Associated Press, Treasury Secretary Geithner and Federal Reservce Chairman Bernanke were scheduled to meet with FDIC Chairwoman Sheila Bair, among others, to decide the fate of the remaining $350 Billion dollars. Perhaps they will finally get the banks to loosen their clenched fists around the first $350 Billion Paulson doled out last summer.
Our home sales data is courtesy of the NNRMLS, excludes manufactured or shared ownership housing, and covers Area 300, known as Gardnerville, Minden, Genoa, Jacks Valley and Indian Hills areas.
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Stephen Orear
Christianne Gordon