Our broker, Chase International, has just released the Mid Year Stats for the housing markets in Reno-Sparks, the Carson Valley and various points around Lake Tahoe (click on the .PDFs below).
This Mid Year Review captures sales from January 1 through June 30 and then compares them to the same time frame in 2007. In a word, the change can be described as Down. In the Reno-Sparks single family house market, for example: sales volume down 28%; units sold down 15%; median sales price down 14%. But wait, the numbers are worse for condos: sales volume down 65%; units sold down 58%; median sales price down 28%.