Fernley, Nevada Real Estate October 2009

By
Real Estate Agent with RE/MAX 4000

 Fernley has shrugged off the  high "distressed Property" designation  title by the lending industry and just continues to churn out sales.

Majority of the buyers are First Time Buyers and they are getting the deals and the $8000 tax credit.

October's numbers are still keeping pace with the past 7 months:

Total sales of residential homes in Fernley are 60 for the month of October. 

The golf course had 5 sales:

Two bank owned both sold for $143,000, 3 short sales sold for $120,000,  $143,000 and $132,500

The rest of Fernley had 55 sales:

30 bank owned with an average price of $97,710 and $59 per sqft

9 short sales with an average price $114,9555 and $61 per sqft

16 regular seller with an average price of $131,893 and $78 per sq.ft.

November started off with 257 listings city wide.

The golf course has 38 listing:

6 bank owned average price of $103,750

23 shorts sales average price of $125,169

9 regular seller average price $217,177

Rest of Fernley has 219 listings:

58 bank owned average list price $123,165

118 short sales average list price  $110,210

41 regular seller average list price $295,939

1 court ordered and one relocation

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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