In addition to releasing a monthly real estate market report for Reno and Sparks, NV, the Reno/Sparks Association of REALTORS® (RSAR) also releases a monthly market report for Fernley, NV.
I have had an increasing number of inquiries regarding real estate in Fernley, so I thought some readers may find this report useful (see below).
And please let me know in the comments, if you would like me to post Fernley’s monthly market report going forward.
From the Fernley Market Report for the month of September 2017…
“Fernley continues to be an attractive and affordable market for first-time homebuyers.”
- The median price at $222,100 is down 6% from August and up 11% from September 2016.
- Fernley’s unit sales at 45 are down 12% from August and level with September 2016.
- August new listings at 59 are down 17% from August and up 18% from September 2016.
- The Fernley market has 2.8 months supply of inventory, a seller’s market.
Click on the graph below to see the entire RSAR market report for Fernley, Nevada.
For those readers who are unfamiliar with Fernley, Nevada, Fernley is a small town about 34 miles east of Reno just off of I-80.
To learn more here’s a video from the Fernley Builders Association: Welcome to Fernley, Nevada.
Related post: RSAR Reno-Sparks Monthly Market Report – September 2017