Hi this is Dennis Lindsay with Berkshire Hathaway home services with your February monthly market report we're recovering the areas of Dayton Carson Minden Gardnerville so let's go ahead and get started

 

So Dayton, the red area is January's numbers, the black ones are February so you can see that we are up by gosh 18 more solds in February than in January so that's a good number. New listings for February we're at 16 versus 10 in January under contract we have 15 versus 21. So a few less closed in February than in January the active listings are about the same 48 versus 46. The home pricing though has jumped dramatically jumped by twenty-seven thousand dollars the average sales price for from one month to the other so those are the numbers for January let's move on to Carson

 

Carson City, we have a plus 14 homes sold so we have a good amount of homes sold in February versus January for all of Carson The listings were about the same we have one better In January the under contract, that is down a lot for Carson City. We're down by 28 units that went under contract in January was 59 and now 31. so that's down by 28. Current active listings are pretty much the same 73 versus 69. but the average sales price is down by nine thousand dollars went from 546 to 537. on to Gardnerville a number of Home solds jumped quite a bit jumped by 10. that's good and so there's a bit better activity there, on the listings we have more listings jump by 10 there as well new listings versus January under contract pretty much the same way. increase of about five units went under contract an inventory current active inventory over there is 78 versus 81 this month and the average sales price really dropped dramatically had dropped by 59 000. Now let's go on to let you know what's going on with the interest rates about two weeks ago we were at about 5.9 . Today we are at the closing of business on Friday we're at 6.97 and it jumped to over seven percent so there's a little volatility in the interest rates right there. People are just kind of holding tight just to see what's going to happen with the interest rates hopefully we'll see them adjust down a bit and I want to thank you very much this is your February report if I can be of service to any of you or anybody you may know you can get me at

 

530-318-2369 and again my name is Dennis Lindsay with Berkshire Hathaway Home Services we'll see you next month