RSAR Market Report for Reno and Sparks, Nevada – July 2019

The Reno/Sparks Association of REALTORS® (RSAR) has released its Reno-Sparks Market Report for July 2019.

From July’s report…

During July 2019, the report showed Reno-Sparks had 590 sales of existing single-family homes; an increase of 4 percent from July 2018 and an 4 percent increase from one month ago, June 2019. The report listed the median sales price for an existing single-family residence in Reno-Sparks in July 2019 at $405,000; a 5 percent increase from July 2018 and a 1 percent increase from June 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 July 2019 was $223,500; a 14 percent increase from a year ago.

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

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