Fallon, Nevada Real Estate July 2009

By
Real Estate Agent with RE/MAX 4000

July was still a busy month for the town of Fallon home sales.

 

July had 27 stick-built homes sold, 13 of them were bank-owned.  That is just about 50% of the sales.

Bank-owned:

list price high $239,000  low $52,900  average  $128,084

Sold price high $227,500  low  $50,000  average  $122,832

Average days on market were 96

 

1 short sale listed at $265,000 sold for $260,000

 

13 regular owner sales:

list price high  $290,000  low  $75,000 average  $189,153

sold price high  $279,500  low  $63,500  average  $174,653

Average days on market were 231

 

6 manufactured homes sold in July:

5 regular owner sales:

list price high  $290,000  low  $75,000  average  $189,153

sold price high  $279,500  low  $63,500 average  $174,653

Average days on market were 257

 

1 court approval required sale, listed at $145,000 sold for $135,000.

 

 

August starts with 183 stick-built homes listed:

140 regular owner listings:

list price high  $1,800,000  average  $49,900  average  $250,508

 

23 bank owned listings:

list price high  $249,000  low  $45,000  average  $136,120

 

20 short sale listings:

list price high  $198,000  low  $39,999  average  $128,624

 

57 manufactured homes are currently listed:

7 bank-owned:

list price high  $175,000  low  $70,000  average  $103,385

 

1 short sale listed at $105,000

 

49 regular owner listings:

list price high  $375,000  low  $70,000  average  $160,318

 

Demand is still strong being fueled by the $8000 First-Time Homebuyer Tax Credit, low interest rates and record low prices on homes.

 

.

 

Posted by

Sandra Mathewson

CRS ABR GRI SFR CDPE

RE/MAX 4000 Inc.

call or text (970) 261-1686

I am Sandra Mathewson, a full-time Realtor working both as a listing agent and a buyer's agent. I love using the internet to meet people and keep in touch with friends and clients. I write this blog to show you why Grand Junction, Fruita, Palisade and surrounding real estate is truly something to be desired.

Visit my GrandJunctionHomesGuide.com website if you are considering buying or selling. You will find it as your best online source of information. How is the market doing? I'll keep you posted with the most current MLS reports. You can also search for homes for sale in Grand Junction (including Fruita, Palisade and surrounding areas). Read about the communities, events and things to do in this great Grand Junction, Colorado Lifestyle.

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