The Reno Sparks Association of REALTORS® has published their year-end market reports for the Reno-Sparks and Fernley housing markets.
Some points from the Reno report:
- Reno’s median price for year end 2009 was $185,000 down 26% from 2008.
- For the seven month period May 2009 – December 2009, prices have remained stable.
- The median home price is in line with the median household income in recent months for the first time since 2002.