by Scott Neuffer

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July 5, 2012
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Home values rise as market stabilizes

As bargain housing inventory in Carson Valley disappears, demand from increased sales appears to be driving home values back up, according to data released by the Douglas County Assessor's Office.

In the second quarter of 2012 within the East Fork Township, home prices reached their highest level in a year. The median sales price jumped from $169,950 in the first quarter of the year to $203,500 in the last three months ending June 30. The average sales price jumped from $215,410 in the first three months of the year to $236,919 in the second quarter - a 10 percent increase. …

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The Record Courier Updated Jul 5, 2012 04:15PM Published Jul 5, 2012 04:14PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.