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.