Market Update
Nevada County
Q1 2025
Residential Property Snapshot
Single Family Homes & Condos | Q1 2025
- Med. Sales Price
- $515k
- 2% less than in
Q1 2024 - Closed Sales
- 197
- 7% fewer than in
Q1 2024 - Inventory
- 286
- 5% fewer than in
Q1 2024
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Sold Total | Median Close Price | Avg Close Price | |
|---|---|---|---|
| Q1 '21 | 354 | $519k | $577k |
| Q1 '22 | 336 | $550k | $643k |
| Q1 '23 | 205 | $503k | $589k |
| Q1 '24 | 212 | $525k | $591k |
| Q1 '25 | 197 | $515k | $600k |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 44.7% |
|---|---|
| Q1 '25 | 88 |
| Q1 '24 | 84 |
| 1YR CHANGE | +5% |
| Closed $500k - $1m | 46.2% |
| Q1 '25 | 91 |
| Q1 '24 | 112 |
| 1YR CHANGE | -19% |
| Closed $1m - $1.5m | 7.6% |
| Q1 '25 | 15 |
| Q1 '24 | 13 |
| 1YR CHANGE | +15% |
| Closed Over $1.5m | 1.5% |
| Q1 '25 | 3 |
| Q1 '24 | 3 |
| 1YR CHANGE | 0% |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2025
Rotate your device to view as table
'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-5%
New Listings
New Listings represents the number of properties listed during the quarter.
29%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
4%
Closed Sales
-7%
Median Sales Price
-2%