RSAR Monthly Market Report for Fernley, Nevada – October 2018

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

From October’s report…

“The Fernley market is a seller’s market, at 2.9 months supply of inventory,” said Doug McIntyre, 2018 RSAR President. “The months supply of inventory in Fernley has been trending up for the past 8 months. This shows an improvement in inventory levels, providing buyers more choices.”

  • The median price at $258,500 is up 7% from September and up 9% from October 2017.
  • Fernley’s unit sales at 44 are down 30% from September and up 5% from October 2017.
  • October new listings at 58 are up 2% from September and down 3% from October 2017.
  • The Fernley market has 2.9 months supply of inventory, a seller’s market.

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

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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