What’s Up with Real Estate Prices in the Carson Valley?

This report includes the areas from Johnson Lane to the north, to our western state border, to Ruhenstroth south, and to the Pinenut areas out east.

There were 68 single family residential homes sold in April. The median sales price was $547,500 with an average of 84 days on market. Compared to April 2020 when we had 62 sales and a median sales price of $415,000 all I can say is, WOW. A 31.9% increase from one year ago.

I have calls from all over the United States inquiring about our area and I must say I see prices continuing to increase throughout 2021. Most homeowners are incredibly happy about their increased home values but a lack of rental property is also making for some tough decisions from those homeowners wanting to cash out. There is simply very few choices if you want to rent or stay within the Carson Valley.

Inflation seems to have reared its ugly head and crept into our local real estate market.

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I work professionally as a REALTORĀ® in the Carson Valley area. I also serve the South and East Shores of Lake Tahoe. I love hiking and mountain biking in my spare time. I also love helping people in the real estate market. I am dependable, ethical and responsible. I have been in the real estate business since 1996.

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