Monthly Archives: May 2008

Zillow Reports 16.5% Decrease in Reno

Posted on May 13, 2008 by Diane Cohn

According to Zillow’s latest Home Value Report, home values in Reno decreased 16.5% in the first quarter of 2008, compared to the first quarter of 2007. Nationally, single-family home values decreased 7.5% while condo values declined 9.0% during this same … Continue reading →

Posted in Market Trends, Market Trends, Reno | Tagged | 2 Comments

Washoe County Recordings for April

Posted on May 12, 2008 by Guy Johnson

Washoe County re-sales increased for the third consecutive month (up 20% over March); however April new homes sales decreased in April over March (down 11%).  Summing re-sales and new home sales results in a nearly 9% increase in Washoe County … Continue reading →

Posted in Market Trends | Tagged , , , , , , | 11 Comments

Reno Sparks Residential Market Update

Posted on May 7, 2008 by Diane Cohn

Sales in April 2008 were off 24% from the year prior, but activity in the low end continues to improve. The under $300K range decreased to 12 months of inventory with another big jump in pendings from 370 to 490. … Continue reading →

Posted in Market Trends, Market Trends, Reno, Sparks | 64 Comments

April Median Prices and Units Sold

Posted on May 5, 2008 by Guy Johnson

A 31% increase in the month-over-month number of homes sold in April stands out as the big news this month.  I, as well as many agents in my office, can attest to the increase in client activity lately.  These numbers … Continue reading →

Posted in Market Trends | Tagged , , | 93 Comments

Preliminary April Numbers

Posted on May 5, 2008 by Diane Cohn

Just a little taste of what happened last month… 336 homes sold at an average $310,925 after 151 days on the market. 4,269 still for sale. The median price was at $263,169. Remember, I include manufactured home classifed as real … Continue reading →

Posted in General, Market Trends, Market Trends | Tagged , , | 5 Comments

No Point in Posting…

Posted on May 1, 2008 by Diane Cohn

…Because all the great conversation is happening in Mikey’s last post. Scroll down and check it out… It’s one of the best, most informative comment threads I’ve ever seen on this blog, including lots of new faces never before seen. … Continue reading →

Posted in General, Reno, Somersett, Sparks | Tagged , , | 29 Comments