RSAR Monthly Market Report for Fernley, Nevada – March 2018

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The Reno/Sparks Association of REALTORS® (RSAR) has released its Fernley Market Report for the month of March 2018.

From March’s report…

Prices continue to inch up, but still remains 9% off the peak of the market in March 2006.” said Doug McIntyre, 2018 RSAR President. “Fernley is still an affordable option with the majority of inventory priced under $400,000.

  • The median price at $243,600, up 1% from February and up 20% from March 2017.
  • Fernley’s unit sales at 58 are up 16% from February and up 26% from March 2017.
  • February’s new listings at 82 are up 71% from February and up 7% from March 2017.
  • The Fernley market has 1.7 months supply of inventory, a seller’s market.

Click on the graph below to see the entire RSAR market report for March.

Related post: RSAR Monthly Market Report for Fernley, NV – February 2017

About Guy Johnson

I am a licensed Nevada REALTOR® living and working in Reno, Nevada. Give me a call at 775-722-4011. My team and I will be happy to assist you with your real estate needs.
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