Washoe County insured recordings statistics – December 2013

Market Trends by Guy Johnson

Below please find Washoe County Resale, New Home sale, and Refinance insured recordings statistics for December 2013 from our friends at Ticor Title of Nevada, Inc. [Click on the chart below to enlarge.]
Ticor Title’s commentary accompanying the statistics…

For December, Total New MLS listings decreased over 40%; Non Conditioned Sales were relatively flat; Short Sale sold transactions increased slightly and REO Solds decreased. Median Sales Price went from $225,000 in November to $230,000 in December.
According to our research, from January to December of 2013, 42% of the resale transactions in Washoe County were CASH. In December, cash sales were a little over 38% of our market.

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February 20, 2014 at 1:56 PM
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Guy Johnson on Are High Mortgage Rates Leading to an Increase in All-Cash Purchases?: “Interesting insight, Howard. Not sure how that could be tracked, though.” Oct 29, 20:40
Howard I Hirsch on Are High Mortgage Rates Leading to an Increase in All-Cash Purchases?: “Well, and not only that, but this tracks the status of payment at time of purchase only. One clever real…” Oct 29, 16:54
Guy Johnson on What is an Accessory Dwelling Unit? And can I build one in Washoe County?: “Thank you for your question, Marilyn. I would suggest contacting the Washoe County Planning and Building Division.” Oct 19, 14:49
Marilyn on What is an Accessory Dwelling Unit? And can I build one in Washoe County?: “Hi , I am wondering if I could add a prefab dwelling to my property in Sparks. We do not…” Oct 19, 13:26

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