Our friends at First Centennial Title Co. of Nevada have released their Market Condition Report for the northern Nevada area for the month of March. (Click on the report below to enlarge.)
The ratio of housing supply to demand continues to decrease in Reno and Sparks, Nevada. For the month of March, Washoe Counties ratio of housing supply to demand dropped to 1.7. Compare that number to December’s ratio of 2.1.
Related post: FCT’s Market Condition Report – December 2016