The Gardnerville and Minden real estate markets continue to be volatile, however, we ended the yera on a positive note. The Carson Valley real estate market rebounded from sluggish sales in October and November to sell 35 homes in December. (Data provided as per the Multiple Listing Service and excludes and manufactured or shared ownership housing.)

The median sales price improved over last month at $280,000 and the average days on market for a home to sell decreased to 217, which is an improvement over last month’s average of 229. Price per square foot also improved and averaged out at $158.30.

25 out of the 35 sales in December were under $400,000, which accounted for 71% of the total sales. Pricing continues to be a critical issue for sellers, and as the number of foreclosures increases, it will become increasingly difficult for traditional sellers to compete with them.