About Carson City County, NV

Carson City Nevada Real Estate Market Report - October 2009 Home Sales Results

44 homes sold in Carson City in October 2009, a 43% volume increase year over year when only 28 homes sold in October 2008.

What were the key indicators for the August Carson City real estate market?

• 44 homes sold
  
• Average asking price is $211,504
• Average selling price is $209,243
• Average days on market was 144

So what is the absorption rate for Carson City?

• There are 274 homes on the market as of 11/13/09
• 44 homes sold in October
  
• 274/44 = 6.23 months of inventory

The absorption rate for the Carson City continues to be strong and is within 5-7 months considered a normal supply. This is a huge turnaround from the 15+ months of inventory we had on the market in February.

Of the 274 homes on the market, 45 are bank owned, 50 are short sales and 4 are subject to court approval. That means that 36% of the Carson City real market is distressed.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Area 200, known as Carson City.)

A Little Saturday Night Treat After A Very Long Week!

What the Heck! Isn't this why we work ... so we can enjoy our selves once in a while?

A wonderful dinner, a great bottle of wine, and the best company I could ask for! Jim and I treated ourselves to this fun dinner last night!

Enjoyed it on the back patio with a Sierra Nevada Sunset as a back drop!

Life Is Good!

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Lisa Wetzel and Jim Valentine are the authors of this blog. Lisa, Jim and Jessie are experts in Carson Valley, Carson Cityand the tri-county area of Douglas County, Carson City and Lyon County. Call our team anytime at 775-781-5472 or 775-781-3704. To Search for Homes go to: www.findhomesincarsoncity.com of visit our website at www.CarsonValleyLand.com

Carson City Nevada Real Estate Market Report - August and September 2009 Home Sales Results

35 homes sold in Carson City in August 2009 and , a 36% volume increase year over year when 42 homes sold in July 2008.

What were the key indicators for the August Carson City real estate market?

• 35 homes sold
  
• Average asking price is $206,399
• Average selling price is $200,551
• Average days on market was 94

And here are the stats for Carson City homes sold for September:

• 41 homes sold
  
• Average asking price is $260,239
• Average selling price is $248,140
• Average days on market was 126

So what is the absorption rate for Carson City?

• There are 268 homes on the market as of 10/07/09
• 41 homes sold in July
  
• 268/41 = 6.54 months of inventory

The absorption rate for the Carson City continues to be strong and is within 5-7 months considered a normal supply. This is a huge turnaround from the 15+ months of inventory we had on the market in February.

Of the 268 homes on the market, 26 are bank owned and 46 are short sales. That means that 26.8% of the Carson City real market is distressed. This percentage has held steady and is within just a few percentage points of February when it was 27.7%.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Area 200, known as Carson City.)

Wordless Wednesday ... The 4 Legged Victims Of Foreclosure!

Wolf Received a Full Spa Day! Had His hair done ... A Manicure ... and , thanks to the wonderful folks at D.A.W.G ! He's also will be treated to a vet check and shots ... free of charge!

I should have taken "After" as well as "Before" photos. I will take some updated pictures when I take him to his Doctors Appointment.

Stay Tuned!

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Lisa Wetzel and Jim Valentine are the authors of this blog. Lisa, Jim and Jessie are experts in Carson Valley, Carson Cityand the tri-county area of Douglas County, Carson City and Lyon County. Call our team anytime at 775-781-5472 or 775-781-3704. To Search for Homes go to: www.findhomesincarsoncity.com of visit our website at www.CarsonValleyLand.com

Wordless Wednesday ... Paris With A Teenager (edit/delete)

This was a very memorable trip, our youngest son, his Grandma, Jim and I in Paris. What a special moment!

Via Jim Valentine (RE/MAX Realty Affiliates):

Gotta love the Bistro life ... even if your 16 year old wants his bottle in the picture. This is the second picture we took - the first was very Parisian if you know what I mean.

Serving Gardnerville, Minden, Carson Valley, Dayton, Carson City, Smith Valley and Northern Nevada for 30 years. Call us with your Northern Nevada needs.

Jim Valentine / Lisa Wetzel RE/MAX Realty Affiliates, 1320 Highway 395, Gardnerville, NV 89410

775-781-3704 dpwtigers@hotmail.com www.carsonvalleyland.com