RSAR Monthly Market Report for Fernley, Nevada – September 2018

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.

Fernley Market Report, September 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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