Scott Hopper's blog: NEVADA COUNTY REAL ESTATE SNAP SHOT

Wednesday, September 5, 2012

NEVADA COUNTY REAL ESTATE SNAP SHOT - AUG 2012

While Nevada County's real estate market has seen a draw down in inventory levels over it's summer selling season the month of August was no different as 104 home were sold. The median price held firm at consistent levels of $235,000 with the lowest priced home sold was in Grass Valley on Cole Way at a price of $65,500 and the highest price was $918,448 for a waterfront home on Chaparral Circle at Lake Wildwood.

The Grass Valley home was 2 bedroom with 1 bath, 1109 sq. ft. bank owned home on 1.48 acres. The home was on the market for 44 days and sold for less than half of it's original list price of $125,000. The listing agent stated the home needed work and was out dated. Cole way is off Dog Bar near Wheeler Acres.

The Lake Wildwood home was described by the listing agent as .....

Welcome to a Gorgeous Level Entry Lake Front home...water views galore! This classy 1 owner

home is for the discriminating client w/privacy & quality + an open flr plan for entertaining

inside & out on the beautiful large deck! Contemp. clean lines begin w/vaulted ceiling greatroom

to the din. Rm & kitchen w/new high-end stnlss appl, pantry & center island. Main level master suite;

beautiful built-ins, walk-in closet, new fixtures, lighting & window coverings + deck access.

A lrg game rm + ba (4th bdrm/2nd mstr ste) lead to a deck & landscaped pathway to the lake.

2 lrg bdrms + priv office. Add to the appeal of this comfortable home. A new dock sets in the serene

5 mph water & direct access to the open lake.

The home was listed at $997,744 and was on the market for 150 days. Click here for a virtual tour.

My Nevada County Deal of the Day post on July 6, 2012 was the lowest cost per sq. ft. for the month of August at $40 per sq. ft. as the sales price was $100,000 for 1,800 foot home.