Nevada County Real Estate for Nevada City, Grass Valley, Penn Valley. Residential, Commercial and Investment Properties by REO-BROKERS Click here to contact Rolf Kleinhans

Real Estate Sales Information for Nevada County

Nevada County Single Family Residential Sales

Please take a look at the graphs below. They give a market overview of sales for Single Family Residences (SFR's) in Western Nevada County. These graphs include information from Grass Valley, Nevada City, Alta Sierra, Peardale, Chicago Park and more.

If you would like to have specfic information about your neighboorhod or property please contact us and we can provide you with a Compartive Market Analysis.

Property sales volume is trending up.. Foreclosures and Short Sales are a significant part of the market, comprinsing over 50% fo sales for the last 6 months. There continues to be a significant spread between non-distressed and distressed sales. This is a two tiered market.

Sales are still concentrated in the lower end of the spectrum (under $300,000)but the higher end is seeing some sporadic activity. Ongoing difficulty in obtaining loans continues to put downward pressure on prices.
SFR Sales Volume and Average Price

Sales Volume and Average Prices

Prices continue to have downward momentum. Volume of sales is increasing. These two opposing forces should come into balance over the next 12 to 18 months.

March sales were quite strong given weather conditions and tightening credit/underwriting standards from lenders.
Average Price Per Square Foot

Avg. Sold Price Per Square Foot

Preponderance of Distressed property sales is drivng down average prices per square foot ($140). Non distressed properties are selling in the range of $160 per square foot on average. Distressed properties are going for about $125 per square foot on average.

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Disclaimer: Information has not been verified by Rolf Kleinhans, REO-BROKERS, Recreation Realty, Inc. or Sierra Cascade Properties. Buyers, Sellers or any interested party are advised to hire appropriate experts and professionals to verify information. Rolf Kleinhans, Sierra Cascade Properties, and Recreation Realty Inc. are licensed by the Department of Real Estate, State of California. This web site is not intended to be a solicitation for the purchase, sale or lease of real property outside the State of California.
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