Valley County Real Estate Overview 2014

State of Market in Valley County


Good things are happening in the Valley County real estate market this year:

  • The median prices for home are getting higher
  • There are drastically fewer banked owned and short sale properties on the market.
  • The majority of the sales are to users not investors.  Users are people planning to live in the home.
  • The days that a home sits on the market are getting fewer.
  • Active inventory of homes has decreased
  • What does this all mean?

In a nut shell…these factors help to create a more stable housing market.  When homes are being bought to live in rather than just for investments the value of homes in that area have greater appreciation.  As a home owner, we want our houses value to increase over time.  Just a few years ago this was not the case for some home owners.