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Home Prices and Sales Continue To Surge Here

Home prices continue to surge in Nevada County this year, as well as all around the state. Greg Bullanti, with the local Board of Realtors, says the June median price is up $35,000 from a year ago, at $380,000. And with chronic low inventory and heightened demand, sales are up 14%…

click to listen to Greg Bullanti

Bullanti also says home values have also recovered completely in most regions of the state, including Sacramento…

click to listen to Greg Bullanti

Bullanti also says, thanks to tighter lending requirements, he doesn’t see another bubble bursting for the market, like what occurred about a decade ago. But he also says many baby boomers and millenials have been leaving the state for cheaper home prices.

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