June 2026 Market Update

by Bob Sawyer

Market Insights:

  • Active listings still down year-over-year in every neighborhood, though June brought a rebound in Lake of the Pines and Alta Sierra
  • List prices mostly flat to modestly higher month-over-month; Nevada County posted the strongest monthly gain at +3.8%
  • Days on market is a mixed picture this month — down sharply in Lake of the Pines, up in Nevada County and Nevada City
  • Sold counts rose year-over-year in four of five areas, led by Nevada City (+25.9%) and Lake of the Pines (+25.0%)
  • Grass Valley remains the most buyer-friendly market, with active listings down 39% year-over-year and days on market flat

For Sellers:
Inventory is still down sharply from a year ago in every neighborhood, and sold counts are up in four of five areas — conditions favor sellers who price to the local market. List prices ticked higher month-over-month in Nevada County (+3.8%) and Alta Sierra (+2.0%), while Nevada City softened slightly. Price it right and you should see solid activity, especially outside Nevada City.

For Buyers:
More listings hit the market this month in Lake of the Pines and Alta Sierra, giving buyers a bit more to choose from. But pace varies a lot by area: homes in Lake of the Pines are moving far faster than a year ago (days on market down 30%), while Nevada County and Nevada City listings are sitting longer than last June. Know your target neighborhood's pace before you write an offer.

Scroll through the following slides for more details. If you want to talk through your situation, just reach out.

 

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