RSAR Monthly Market Report for Reno, Sparks and Fernley, Nevada – 4th Quarter and December 2018

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for 4th Quarter/December 2018. From the report…

In the 4th quarter of 2018,

  • Reno/Sparks had 1,310 sales of existing single-family homes; with a 17 percent decrease from last year and an 18 percent decrease from the previous quarter.
  • The median sales price for an existing single family residence in Reno/Sparks in the 2018 fourth quarter at $375,000; an increase of 7 percent from last year and a decrease of 1 percent from the third quarter of 2018.
  • Fernley had 133 sales of existing single-family homes; with a 1% percent increase from the same time last year and a 24 percent decrease from 2018’s third quarter.
  • The median sales price in Fernley for an existing single family residence in 2018’s fourth quarter was $259,000; a 9 percent increase from last year and a 4 percent increase from the previous quarter.

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

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About Guy Johnson

I am a licensed Nevada REALTOR® (lic.# S.0075262) living and working in fabulous Reno, Nevada. I cover Reno, Sparks, Incline Village, Carson City, and beyond. Give me a call at 775-722-4011 and I will be happy to assist you with your real estate needs. I'm your Guy!
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