For the first time in nearly two years the median price of a home sold in western Nevada County fell below a half million dollars, according to Multiple Listing Service statistics.

December’s median sale price of $499,000 was the first time since February 2021 that low of a number was produced by total sales in a month’s time. In fact, since the COVID-19 pandemic fueled a frenzied market of high-volume and high-dollar sales, December’s median price was just the second recorded in the past 25 months under $500,000.

Brian Hamilton is a Realtor (DRE# 02149112) for the Betsy Hamilton Real Estate Team (DRE# 01936209) at RE/MAX Gold (DRE#: 01949144) in Grass Valley. For more information, contact him at Brian@BetsyHamilton.com.