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It’s A Home Sellers Market In Nevada County

It continues to be a sellers home market in Nevada County. Teresa Dietrich, with the local realtors association, says there are currently only 242 homes listed, which is about one-half to one-third of normal. And pandemic anxiety has been a major factor this year…

click to listen to Teresa Dietrich

Dietrich says 199 homes were sold in Nevada County in November, up 26-percent from a year ago. Consumers buying preferences have also been altered this year. In a survey done by the California Association of Realtors, 39-percent of buyers are opting for a bigger home…

click to listen to Teresa Dietrich

The survey says the top three reasons for buying a home in California were: because they got tired of renting, because they desired a larger home, and they desired a better location. Meanwhile, the average price in the county is up 13-percent, with the median price at 475-thousand dollars.

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