The Reno/Sparks Association of REALTORS® (RSAR) has released its Fernley Market Report for September 2018.
From September’s report…
“We are seeing a leveling trend of the median sales price in the area,” said Doug McIntyre, 2018 RSAR President. “Since January of this year, median price in the Fernley has hovered in the $240K to $245K range, except during the summer months, when it reached a high of $255,000.”
- The median price at $241,750 is down 4% from August and up 9% from September 2017.
- Fernley’s unit sales at 60 are up 5% from August and up 11% from September 2017.
- September new listings at 57 are down 15% from August and down 15% from September 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 September.