What was the decrease in real estate prices in Grass Valley/Nevada City last week?

The median price per square foot for a home in Grass Valley/Nevada City decreased in the last week to $304, which is the lowest in the county. That’s $100 less than the Nevada County median. Prior to this, the median price per square foot of a home sold in Grass Valley/Nevada City was $312.

The most expensive community in Nevada County is Truckee, where the median price per square foot in the past week was $587.

Outside of Grass Valley/Nevada City, the best deal can be found in Placer County foothills, where the median price per square foot of a home sold is $334.

In the past week, a 1,659-square-foot home on Colfax Highway in Grass Valley/Nevada City sold for $505,000.

The figures in this text are based on sales registered during the week of Sep. 26.

This story was originally published October 5, 2022 at 4:44 PM with the headline "What was the decrease in real estate prices in Grass Valley/Nevada City last week?."