·Staff Reports · 1 min read
MINDEN, Nev. – The Real estate market in Carson Valley continued to trend upward over the course of the last quarter, reaching heights that haven’t been seen in the community for a decade or more.
According to numbers released by the Douglas County Assessor’s Office, the 280 homes sold in Carson Valley between April 1 and June 30 was the highest mark for the quarter since 2005 (362).
The average sale price jumped $34,360 over the same quarter last year to $393,643 and the median sale price rose $31,750 over the same quarter last year to $345,750.
Both marks were overall highs for the Valley since Quarter 3 (July-September) of 2007 ($440,073 average and $369,820 median).
The average sales price for the quarter was $24,759 higher than during the first three months of 2017. The median sales price was $5,750 over the previous quarter.
Sale prices in Carson Valley have been consistently trending upward since hitting lows of $215,410 (average) and $169,950 (median) between Jan. 1 and March 31 of 2012.
Since that first-quarter low in 2012, the annual average sale price in the Valley has increased an average of $22,645 per year (through 2016). The median sale price has increased an average of $31,000 per year during the same time span.