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Home Price Appreciation Slowing In Nevada Co

Posted: Nov. 10, 2015 5:37 PM PST

It looks like another good year for the home market in Nevada County. But Rick DeJesus, with Coldwell Banker Real Estate, says price appreciation has slowed down over the last couple of months…

click to listen to Rick DeJesus

DeJesus says the year-to-date average home sales price is up about 11-percent since the beginning of the year, the median price is up about 8-percent. And inventory continues to be low, with fewer people putting homes on the market, slowing sales…

click to listen to Rick DeJesus

But DeJesus says he has noticed some scattered home construction activity in parts of Nevada County. As for prices for 2016..DeJesus says appreciation rates might be down a little more, but stay close to current percentages.

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