Carson Valley Real Estate - Carson Valley NV

Dayton Nevada - Homes Sold in February and March 2010

Only 11 homes closed escrow in the Dayton Valley in February 2010, however, March saw a considerable increase with 25 homes sold. 

Here are the statistics for Dayton Nevada Homes Sold in February:

• 11 homes sold
  
• Median asking price is $164,500
• Median selling price is $158,000
• Median days on market is 132
  

Here are the statistics for Dayton Nevada Homes Sold in March:

• 25 homes sold
  
• Median asking price is $144,000
• Median selling price is $145,700
• Median days on market is 84

So what is the absorption rate for the Dayton Valley?

• There are 114 homes on the market as of 4/13/10
• 25 homes sold in March
  
• 114/25 = 4.56 months of inventory

Of the 114 homes on the market, 24 are bank owned and 38 are short sales. The number of homes on the market continues to hold steady, however over 53% of the market is distressed. So, the message with Dayton continues to be loud and clear: If you're looking to buy in Dayton, it's likely a distress sale and will either be a while to get escrow closed, or may have deferred maintenance and you'll need to do some repairs if it's bank-owned. However, the market has never been lower and you can buy a fabulous home for less than it costs to build.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Areas 420, 416, 414, 412, 410, 402, and 403 known as the Dayton Valley and the outlying areas.)

      _________________________________________________________________________________________________________

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_________________________________________________________________________________________________________

About The Author

Christianne Gordon, REALTOR®, CDPE, SFR is a Northern Nevada Real Estate Specialist that can assist you with the purchase or sale of real estate in Gardnerville, Minden, Genoa, Carson City, Dayton, and Reno/Sparks.

Dayton Nevada - Homes Sold in January 2010

Only 10 homes closed escrow in the Dayton Valley in January 2010, compared to 12 sales in January 2009. January historically is a slow month for home sales, so this is not altogether surprising, and certainly nothing to be alarmed over. Most escrows take 45 days to close and that means home buyers would need to be out shopping for homes in December. Instead, people were enjoying their Winter Holidays. 

Here are the statistics for Dayton Nevada Homes Sold in January:

• 10 homes sold
  
• Median asking price is $144,500
• Median selling price is $142,000
• Median days on market is 88
  

So what is the absorption rate for the Dayton Valley?

• There are 114 homes on the market as of 2/4/10
• 10 homes sold in October
  
• 114/10 = 11.4 months of inventory

Of the 114 homes on the market, 25 are bank owned and 34 are short sales. The number of homes on the market continues to hold steady, however over 51% of the market is distressed. So, the message with Dayton continues to be loud and clear: If you're looking to buy in Dayton, it's likely a distress sale and will either be a while to get escrow closed, or may have deferred maintenance and you'll need to do some repairs if it's bank-owned. However, the market has never been lower and you can buy a fabulous home for less than it costs to build.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Areas 420, 416, 414, 412, 410, 402, and 403 known as the Dayton Valley and the outlying areas.)

    ______________________________________________________________________________________________________

If you enjoyed my blog post, I invite you to connect with me on social networks, subscribe to my blog, and watch my videos? 

______________________________________________________________________________________________________

About The Author

Christianne Gordon, REALTOR®, CDPE, SFR is a Northern Nevada Real Estate Specialist that can assist you with the purchase or sale of real estate in Gardnerville, Minden, Genoa, Carson City, Dayton, and Reno/Sparks. 

To search all available homes for sale in the Northern Nevada area, please visit GreatNevadaHomes.com or contact us for a FREE ListingBook account!

Dayton NV Homes - UNDER CONTRACT - 804 Ballybunion Drive

This home is get again now under contract and we're not surprised it happened so fast. This is a GREAT house on the Dayton Valley Golf Course!

Enjoy this lovely home on the Dayton Valley Golf course, featuring an expansive Great Room with Kitchen, Dining Area, Ceiling Fan and Fireplace. The home features 3 bedrooms, 2 baths and a 2 car garage. The rear yard opens up onto the fairway of the golf course, providing exquisite views. The Master Bedroom incudes an alcove ideal for a library, study, office or just to enjoy a private living zone. The Kitchen features an island with breakfast bar, gas range, built in microwave and dishwasher.

If you're interested in homes in Dayton, please call Christy at (775) 881-8223 or Steve at (775) 690-0685.

      _________________________________________________________________________________________________________

If you enjoyed my blog post, I invite you to connect with me on social networks, subscribe to my blog, and watch my videos? 

_________________________________________________________________________________________________________

About The Author

Christianne Gordon, REALTOR®, CDPE, SFR is a Northern Nevada Real Estate Specialist that can assist you with the purchase or sale of real estate in Gardnerville, Minden, Genoa, Carson City, Dayton, and Reno/Sparks. 

To search all available homes for sale in the Northern Nevada area, please visit GreatNevadaHomes.com or contact us for a FREE ListingBook account!

Dayton NV Homes - Homes Sold in December 2009

Only 16 homes closed escrow in the Dayton Valley in December 2009, compared to 27 sales in November, and 13 sales in December 2008.

The Dayton Valley Nevada real estate market ended the year with 308 sales for all of 2009, substantially higher than the 176 sales in all of 2008. Indicators show that our market has definitively moved through the low point in sales volume. Basic economic models tell us that when sales volume improves and supply diminishes, price appreciation typically follows. We'll continue to watch 2010 trends closely to see if this indeed is the case in the Dayton Valley.

Here are the statistics for Dayton Nevada Homes Sold in December 2009:

• 16 homes sold
  
• Median asking price is $129,900
• Median selling price is $127,450
• Median days on market is 92
  

While volume may have been lower than in previous months, that's not too particularly surprising. The real estate market often enters a 'quiet period' between Thanksgiving and Superbowl Sunday when people focusing their attention on the holidays and traveling to see family over winter break.

So what is the absorption rate for the Dayton Valley?

• There are 109 homes on the market as of 1/8/10
• 16 homes sold in October
  
• 109/16 = 6.8 months of inventory

The absorption rate fluctuated this cycle because of the decrease in the number of closed escrows during December. Look to the absorption rate to start trending back down in January and be back below 4 months in February if inventory levels remain constant. Dayton's enduring affordability over neighboring Carson City, Reno, Sparks or the Carson Valley continues to be a big draw for homebuyers.

Of the 109 homes on the market, 27 are bank owned and 35 are short sales. The number of homes on the market continues to hold steady, however over 56% of the market is distressed. So, the message with Dayton is loud and clear: If you're looking to buy in Dayton, it's likely a distress sale and will either be a while to get escrow closed, or may have deferred maintenance and you'll need to do some repairs if it's bank-owned. However, the market has never been lower and you can buy a fabulous home for less than it costs to build.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Areas 420, 416, 414, 412, 410, 402, and 403 known as the Dayton Valley and the outlying areas.)

      _________________________________________________________________________________________________________

If you enjoyed my blog post, I invite you to connect with me on social networks, subscribe to my blog, and watch my videos? 

_________________________________________________________________________________________________________

About The Author

Christianne Gordon, REALTOR®, CDPE, SFR is a Northern Nevada Real Estate Specialist that can assist you with the purchase or sale of real estate in Gardnerville, Minden, Genoa, Carson City, Dayton, and Reno/Sparks. 

To search all available homes for sale in the Northern Nevada area, please visit GreatNevadaHomes.com or contact us for a FREE ListingBook account!

Dayton NV Homes - REDUCED - 804 Ballybunion Drive - NOW $179,900

This home was previously under contract but financing fell through, so now it's back on the market! Better yet, the price was just reduced by the bank today to $179,900!!!

Enjoy this lovely home on the Dayton Valley Golf course, featuring an expansive Great Room with Kitchen, Dining Area, Ceiling Fan and Fireplace. The home features 3 bedrooms, 2 baths and a 2 car garage. The rear yard opens up onto the fairway of the golf course, providing exquisite views. The Master Bedroom incudes an alcove ideal for a library, study, office or just to enjoy a private living zone. The Kitchen features an island with breakfast bar, gas range, built in microwave and dishwasher.

If you're interested in homes in Dayton, please call Christy at (775) 881-8223 or Steve at (775) 690-0685.

      _________________________________________________________________________________________________________

If you enjoyed my blog post, I invite you to connect with me on social networks, subscribe to my blog, and watch my videos? 

_________________________________________________________________________________________________________

About The Author

Christianne Gordon, REALTOR®, CDPE, SFR is a Northern Nevada Real Estate Specialist that can assist you with the purchase or sale of real estate in Gardnerville, Minden, Genoa, Carson City, Dayton, and Reno/Sparks. 

To search all available homes for sale in the Northern Nevada area, please visit GreatNevadaHomes.com or contact us for a FREE ListingBook account!

Dayton Valley Nevada Homes - UNDER CONTRACT - 222 Corral Drive in Dayton

This fantastic 4 bedroom, 2 bath starter home located in Desert Winds at Sutro went under contract within 10 days - even though it's a short sale. That just goes to show how tight the Dayton Valley Nevada Real Estate market is with just over 3 months of inventory available and over 57% of the market is some sort of distress.

Are you looking for a home in the Dayton area? Call us - we know the Dayton market and can help you buy the home of your dreams.

Are you looking to sell? You should call us, too! We consistently sell our listings in Dayton in record time, and it's because we have an incredible proven marketing program. If you're planning to sell your home, you owe it to yourself to meet with us to see what we do differently to get homes sold!

 Posted By: Christianne Gordon - Northern Nevada Real Estate Agent - REALTOR®
with RE/MAX Realty Affiliates, specializing in Carson Valley Real Estate and Northern Nevada Real Estate.

Dayton NV Homes - JUST SOLD - 176 Six Mile Canyon Rd - $110,000

This great home on a half acre in the Mark Twain section of Dayton just sold for $110,000.  176 Six Mile Canyon Road is a 4 bedroom, 2 bath, 2 car garage home on 0.53 acres built in 1990. The home is 1,440 square feet and is priced to MOVE at an unbelievable $72.92 per square foot! There is room here for RVs, boats, jet skis, trailers, quads and toys of all kinds. The property is also fully fenced if you prefer horses, goats or dogs! Nice laminate flooring with a generous open floor plan welcomes you home. Pick apples off the trees on this large, comfortable property. dorable turnkey 2 bedroom, 2 bath, 2 car garage house in Pineview Estates. Good condition, built in 2004. Freshly painted throughout. Rear paver patio has been wired for a hot tub. Perfect for soaking in those Sierra Nevada Mountain range views any time of year.

This home is sold, but we have others! For more information on our listings, please visit us at GreatNevadaHomes.com.

Dayton NV Homes - Homes Sold in November 2009

We had 27 homes sell in the Dayton Valley in November 2009, another marked increase over November 2008 when 15 homes sold. November makes the fourth month in a row where sales volume has (nearly) doubled year over year. 

Here are the statistics for Dayton Nevada Homes Sold in November 2009:

• 27 homes sold
  
• Average asking price is $166,572
• Average selling price is $165,652
• Average days on market is 151

This is remarkable because the gap between average asking and average selling price is less than $1,000, attesting to the tightness of the real estate market in the Dayton Valley.

So what is the absorption rate for the Dayton Valley?

• There are 105 homes on the market as of 12/21/09
• 27 homes sold in October
  
• 106/27 = 3.89 months of inventory

The absorption rate for the Dayton Valley continues to be strong and under the 5-7 months considered a normal supply. Dayton's affordability over neighboring Carson City, Reno / Sparks or the Carson Valley continues to be a big attraction over the higher priced areas.

Of the 105 homes on the market, 26 are bank owned and 31 are short sales. The number of homes on the market continues to hold steady, however over 50% of the market is distressed. So, the message with Dayton is loud and clear: If you want to get a good deal on a home, be patient. It's likely a short sale. It may take several months. But - if it's all you can afford, what are your other options? They are not plentiful in this tight market.

(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Areas 420, 416, 414, 412, 410, 402, and 403 known as the Dayton Valley and the outlying areas.)

Dayton Valley Nevada Homes - NEW LISTING - 942 Lakeview Dr - $170,000

Have you ever heard of a diamond in the rough? Well, this is ours! This 4 bedroom, 2.5 bath, 2 car garage home is ON the Dayton Valley Golf Course in the newest section of construction at the Dayton Valley Golf and Country Club. Built in 2004, this spacious home features a Great Room with views of the golf course.

This home is going to need interior paint throughout, new flooring, and a deep clean, but is priced to reflect the work required.This home is a fantastic deal for a do it yourselfer who is willing to pour a little sweat equity into a house and save tens of thousands in the process.

Would you like to learn more about the Dayton Valley Golf & Country Club? Check out the video we made detailing all the amenities of this wonderful community.

 Posted By: Christianne Gordon - Northern Nevada Real Estate Agent - REALTOR®
with RE/MAX Realty Affiliates, specializing in Carson Valley Real Estate and Northern Nevada Real Estate.