Carson Valley Real Estate NV, Gardnerville Homes, Carson City real estate

Carson Valley Real Estate – April 2012 Market Report

May 16, 2012

Carson Valley Real Estate – April 2012 Home Sales Report

The Carson Valley real estate market continues to make gains. Home sales are up – way up. In April 2012, the Gardnerville/Minden region saw 71 homes close escrow. Inventory continues to be at record low numbers, and that is creating modest appreciation in the market.

Here are Carson Valley homes sales numbers for April 2012:

71 homes sold
Median asking price is $202,500
Median selling price is $195,000
Median days on market is 113

So what is the absorption rate for the Carson Valley?

There are 282 homes for sale in the Carson Valley as of May 16, 2012
71 homes sold in January
282 / 71 = 3.97 months of inventory

The market has turned in the Carson Valley – make no mistake. Of the 282 homes available for sale, 37 are short sales, and 21 are bank owned. That means 20.6% of our market is distressed. That means there are only 224 homes available in the Carson Valley you can buy today as traditional sales. As the percentage of distressed homes decreases, the market has shifted from a buyer’s market to a seller’s market.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Area 300, known as the Carson Valley which includes Gardnerville, Genoa, Minden, Indian Hills area of Carson City, China Springs, Spring Valley, Topaz Ranch Estates and outlying areas.)

Carson Valley Homes – 2718 Fuller Avenue Minden NV

March 9, 2012

Carson Valley Homes – NEW LISTING – 2718 Fuller Avenue in Johnson Lane

2718 Fuller Avenue Minden NV 89423 – Attractively Offered at $449,900

Absolutely stunning horse friendly property in Johnson Lane near shopping and schools. Beautiful custom cabinetry throughout, Stainless Steel Appliances, pantry, granite slab countertops, travertine tile floor and breakfast bar with separate breakfast nook. The separate & formal dining room showcases a coffered ceiling. Spacious Master Bedroom w/separate travertine shower & jetted tub with double sinks and walk-in closet. Ceiling fans in almost every room!

Built by Jeff Kirby Homes in 2007, this 5 year young home looks barely lived in. Enjoy panoramic views of the majestic Sierra Nevada Mountain ranges from every room. There is also a separate den/study/bonus room not included in the bedroom count. The laundry room even has granite counters surrounding the laundry sink & custom cabinetry. Expect the best and be prepared to be impressed with this quality home. The grounds have been professionally landscaped with automatic irrigation throughout. The RV parking in front has a water & electric hookup. Don’t miss the horseshoe pit, volleyball court, or separate dining patio complete with water & electric showcasing 360 degree views. Hike Hot Springs Mountain or take off to nearby BLM land for riding horses, dune buggies, etc. The 3 car garage has pull-down attic storage. Within walking distance to Pinon Hills Elementary School. No CC&Rs or HOA.

To schedule a viewing of this wonderful Carson Valley home, contact Steve at (775) 690-0695 or Christy at (775) 881-8223.

Carson Valley Homes – 1359 Westminster Place Gardnerville

February 22, 2012

Carson Valley Homes – NEW LISTING – 1359 Westminster in Chichester Estates

1359 Westminster Place, Gardnerville, NV 89410 – Attractively Offered at $149,900

Great location near downtown Gardnerville this cute house is sure to please. It is just a few minutes from downtown shopping, heath care services and parks. The kitchen features tile counter tops and floors, breakfast bar and a gas range. In the master bedroom you will find a ceiling fan and double vanities in the master bath.

To schedule a viewing of this wonderful Carson Valley home, contact Steve at (775) 690-0695 or Christy at (775) 881-8223.

Smith Valley Homes – 12 Santa Sophia Wellington NV

February 22, 2012

Smith Valley Homes – NEW LISTING – 12 Santa Sophia Wellington NV 89444

12 Santa Sophia, Wellington, NV – Attractively Offered at $142,900

Wow! What a great location in Smith Valley with wonderful views of the mountains and valley. This property is on 2 full acres and features a huge shop/RV barn with power just waiting to house your favorite toys. This manufactured home was converted in 1999 and rests on a continuous concrete foundation. Inside it is clean and neat with a well thought out floor plan.

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Financing. This property is approved for HomePath Renovation Financing. Go to HomePath.com for details. This property is subject to Fannie Mae’s First Look (TM) Program. Visit HomePath.com for details.

To schedule a viewing of this wonderful Wellington home, contact Steve at (775) 690-0695 or Christy at (775) 881-8223.

Carson Valley Homes – NEW LISTING – 1422 Sugar Maple Avenue

February 12, 2012

Carson Valley Homes – NEW LISTING – 1422 Sugar Maple Avenue

1422 Sugar Maple Avenue, Gardnerville, NV – Attractively Offered at $136,900

Delightful patio-style home in Arbor Gardens. This three bedroom, two bath home featured laminate flooring in the great room, a lovely paver patio rear yard with perimeter landscaping, and is close to the Arbor Gardens park. Close to services, schools and shopping, this gem is sure to please.

To schedule a viewing of this wonderful Wellington home, contact Steve at (775) 690-0695 or Christy at (775) 881-8223.

Carson Valley Real Estate – January 2012 Homes Sold Market Report

February 11, 2012

Carson Valley Real Estate – January 2012 Home Sales Report

The Carson Valley real estate market typically is pretty quiet in January – but the winds of change are blowing – HARD. We have had an incredibly mild winter and it feels like spring everywhere. Just like we saw in January 2011, home sales are up! That’s right, the Carson Valley area saw 47 home sales in January 2012. In January 2011, we saw 44 homes sold, in 2010, we had 27 homes sell, and in January 2009, a mere 22 homes sold.

Here are Carson Valley homes sales numbers for January 2012:

47 homes sold
Median asking price is $163,500
Median selling price is $159,000
Median days on market is 128

So what is the absorption rate for the Carson Valley?

There are 295 homes for sale in the Carson Valley as of February 10, 2011
47 homes sold in January
295 / 47 = 6.28 months of inventory

The time of the optomist is upon us in the Carson Valley. Of the 295 homes available for sale, 51 are short sales, and 35 are bank owned. That means 29% of our market is distressed. That means there are only 209 homes available in the Carson Valley you can buy today as traditional sales. Buyers are tired of considering short sales as a housing option, and most homes that are not a short sale or bank owned offering are selling more quickly. Further, even appraisers appear to be now granting non-distressed sales a premium in valuation somewhere between 8-10% due to the nature of the sale.

The bottom line is pay attention to the wind because it’s beginning to blow a different direction. If you’re a buyer and you see something you like, be ready to write right away. Most homes are now seeing multiple offers and the inventory continues to shrink. Even the Record-Courier reported recently that it’s officially a seller’s market. If you are not a buyer paying attention, you could get left behind.

Carson Valley Real Estate – New Listing – 1343 Cedar Creek Circle Gardnerville NV

February 9, 2012

Carson Valley Real Estate – NEW LISTING – 1343 Cedar Creek Circle Gardnerville NV – Attractively Offered at $269,900

As you enter into the lavishly tiled Foyer you will be embraced with a grand living area featuring ten foot ceilings and eight foot doors. This home has been constructed with luxury in mind. From the soft-close Thomasville solid maple cabinets and slab granite counter tops and tiled kitchen, breakfast nook and baths this beautiful home is sure to please. The Great Room features a gas log Fireplace Extrordinaire with slate surround and hearth. Each bedroom including the Great Room has been equipped with a ceiling fan. In the Kitchen you will see lots of recessed lighting, all stainless steel appliances including Maytag double ovens, stainless steel sink, four burner Maytag gas cooktop, microwave and dishwasher. The granite slab Kitchen countertops include a breakfast bar. For formal dining, this home features a full Dining Room and for more casual meals the large Breakfast Nook is ideal. The Master Bedroom includes a coffered ceiling and recessed lighting. In the Master Bath you will find double vanities, again with granite slab, a beautifully tiled shower, soaker tub and a nearby walk-in closet. Very high quality fencing has been included making the covered patio a private place ideal for outside living. Central air conditioning has been included. Front yard landscaping with automatic drip irrigation has been completed. The home is equipped with rain gutters all with underground drains.

Not a short sale or bank-owned REO, this brand new home is a traditional sale with a motivated reasonable Seller. For a showing, contact Steve at 775-690-0685.

New Carson Valley Homes Under Construction!

February 9, 2012

THE RANCH AT GARDNERVILLE MASTER PLANNED COMMUNITY BEGINS CONSTRUCTION

Gardnerville, NV – Stephen Orear of Great Nevada Homes, Inc. and RE/MAX Realty Afilliates announced today that The Ranch At Gardnerville – the Carson Valley’s newest master planned community – pulling it’s first 5 permits and beginning construction.

“The Carson Valley real estate market is experiencing the lowest inventory we’ve seen in years and many of the homes available today are either short sales or foreclosures. We feel very strongly that there is an opportunity in this market to present new homes at a competitive price with amenities new home buyers are looking for. The Ranch at Gardnerville is going to fill a long-awaited void that has grown over the last few years since new construction has almost come completely to a halt”, said Stephen Orear.

The Ranch at Gardnerville is a master-planned community that will consist of 633+/- new single family detached homes. The first five homes are due to be completed the first week of March 2012. The homes are being built by renowned regional home builder KDH Builders, LLC. Ken Hendrix, Managing Member, stated he anticipates building out the first phase of 30 homes in 2012.

“We are very excited to begin construction on the first phase of The Ranch. We build a superior product with top quality interior finishes including slab granite counters, stainless appliances, and 3 car garages as part of our standard offering. We’ve seen a great deal of success with our home building projects across Northern Nevada and are delighted to be building in the Carson Valley”, said Ken Hendrix.

The Ranch at Gardnerville is located off of Gilman Avenue north of Highway 395. The future phases and development will flow northwesterly towards the Minden/Gardnerville town line.

For more information about The Ranch at Gardnerville, please contact Stephen Orear at 775-782-8777 or visit the development’s website at http://www.theranchatgardnerville.com.