Location in the state of California

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Residential sales increased in Nevada County for the period from January 2011 to December 2011 by 18%. Total volume sold in dollar value  in 2011 was $286,862,616 compared to the year before which was $292,731,648.

The average sales price dropped 17% from  the prior year (2010) of $293,907 compared to the year 2011 average sales price of $244,555.

However sales continue to be increasing and there seems to be somewhat of a shortage in the lower priced homes, especially properties on acreage. Have we bottomed out?  I don’t know, there is still somewhat of a shadow inventory of foreclosed homes that have not come on the market. But if we are not at the bottom, we are sure close to it.

Need an informed agent in real estate?  I am a licensed real estate broker with a background in civil engineering and general contracting and help my clients with experience and the utmost integrity.

Let me know your needs and desires in buying or selling a home. If you are a buyer, I will find a home for you in your price range, help with the financing with local mortgage brokers and guide you through the buying experience.

 

 

Thinking of buying or selling?
For all your real estate needs
Email or call:

John J. O’Dell Realtor® GRI
Civil Engineer
General Contractor
(530) 263-1091
Email jodell@nevadacounty.com

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