The Reno/Sparks Association of REALTORS® (RSAR) has released its Reno-Sparks Market Report for May 2019.
From May’s report…
During May 2019, the report showed Reno-Sparks had 651 sales of existing single-family homes; an increase of 13 percent from May 2018 and a 23 percent increase from one month ago, April 2019. The report listed the median sales price for an existing single-family residence in Reno-Sparks in May 2019 at $390,000; a 4 percent increase from May 2018 and a 4 percent increase from April 2019. All sales numbers are for existing “stick built single-family dwellings” only and do not include condominium, townhome, manufactured, modular or newly constructed homes. The median sales price of existing condominium/townhomes in Reno-Sparks in May 2019 was $216,000; a 11 percent increase from a year ago.
Click on the graph below to see the entire RSAR market report for May.