The Monthly Market Talk report, produced by the Reno/Sparks Association of REALTORS®, has been released for the month of April.
- Click here for April’s Monthly Market Report.
From April’s report…
- Median Sales Price
- April 2010 median price was up about 1% to $177,250 compared to $176,000 in March 2010.
- The median sales price has been relatively stable for the past twelve months.
- Number of Units Sold
- April ended the month with 492 sold transactions up about 4% from the prior month.
- Sales were up 15% over the same month last year.
- Sold-to-asking-price Ratio
- April reported sales received an average of 98.4% of the seller’s asking price.
- Average Days on Market
- The average days on market declined by about 10% April over March.
- New Listings
- 779 new listings were taken in April compared to 783 in March, a less than 1% decrease.
- The percentage of “Distressed” new listings was up slightly from March. 58% of new April listings were distressed.
Monthly Market Talk reports provided with permission by the Reno/Sparks Association of REALTORS®.
Click here for historical Market Talk reports.
When i look at the monthly medians. I just erase the entire period from 2001-2009 from the chart
and i can see how boring reno real estate is.
The area has ‘washed out’ and could over-correct,
but it appears that a welcome boring decade has begun. This is not California or Hawaii, its just another average american city that can commands
BORING real estate prices.
Bob C.
Maybe you should MOVE to Hawaii or California!
why?