< Back to All News

Nevada County Housing Market Still Unaffected

Although a recent nationwide survey of realtors indicates continued volatility in the home market, related to the coronavirus shutdown, Nevada County is still mostly unaffected. The survey shows that 77-percent of potential sellers are prepared to keep their homes off the market until the end of state-at-home orders. 73-percent also haven’t reduced listing prices to attract buyers. But Teresa Dietrich, with the Nevada County Association of Realtors, says their inventory has always been consistently stagnant, although she has noticed more price reductions here recently‚Ķ

click to listen to Teresa Dietrich

Meanwhile, Dietrich says coronavirus restrictions have not slowed down the number of showings here, which has kept her extra busy, but especially for health-related reasons…

click to listen to Teresa Dietrich

The survey also shows that 13-percenrt of reported buyers across the country have changed at least one feature that’s important to them, due to COVID-19. Dietrich says the most common ones involve more space, which should have a more positive impact on smaller, rural markets like Nevada County.

KNCO Web Comments Guidelines

  1. Keep it clean. Comments with inappropriate language, no matter how cleverly spelled or decorated will not be posted.
  2. Comments on the way the story was written or misspelled words will be passed on to the story authors and not posted.
  3. Please use your real name. Anonymous comments or comments posted using a fake name or web handle may not be posted.
  4. Please use your real email address so we can contact you.
  5. No flaming. Any comments that are primarily of a name calling finger pointing nature may not be posted.
  6. The comment section is not a right it is a privilege. KNCO retains all rights as to what is posted on its website.

Leave A Comment

*

*

* captcha