RSAR Monthly Market Report for Fernley, Nevada – July 2018

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

From July’s report…

“The Fernley median price at $252,500 is up 12 percent compared to July 2017,” said Doug McIntyre, 2018 RSAR President. “Year-to-date sales in Fernley are at a ten-year record high at 390.”

  • The median price at $252,500 is level with June and up 12% from July 2017.
  • Fernley’s unit sales at 53 are down 15% from June and down 9% from July 2017.
  • July new listings at 76 are down 5% from June and up 29% from July 2017.
  • The Fernley market has 2.1 months supply of inventory, a seller’s market.

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

Related post: RSAR Monthly Market Report for Fernley, NV – June 2018

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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