Category Archives: Agent Insights

How Accurate is Zillow’s Zestimate?

Of the more than 108 million homes currently listed on Zillow, nearly 97 million of them have Zillow Zestimates® calculated. But how accurate are these zestimates? I get this question a lot from clients. Fortunately, there’s an easy answer as … Continue reading

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Want to Buy a House in Reno-Sparks Built in the Last Ten Years? You’ll Need Half a Million

I recently posted an analysis of the extremely tight housing inventory that Reno, Nevada and Sparks, Nevada is facing. See: Reno, Nevada’s Housing Shortage — How Bad Is It? As an eleven-year local REALTOR® serving the Reno-Sparks area, the numbers … Continue reading

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Reno, Nevada’s Housing Shortage — How Bad Is It?

Each month the Reno-Sparks Association of REALTORS® releases its Housing Market Report for the greater Reno/Sparks area. And each month it’s reported that “The Reno market is a seller’s market, at [insert very low number here] months supply of inventory.” … Continue reading

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RSAR Monthly Market Report for Fernley, NV – October 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Fernley Market Report for the month of October 2017. From October’s report… The median price at $241,500 is up 9% from September and up 27% from October 2016. Fernley’s unit sales … Continue reading

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RSAR Monthly Market Report – October 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for the month of October 2017. From October’s report… The October median price at $348,500 is up 4% from September and up 12% from a year ago. October unit … Continue reading

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October median sales price and other market metrics

October’s median sales price for homes sold in Reno and Sparks, Nevada regained the losses observed the previous two months. October’s median sales price came in at $350,000 — representing a 4.2 percent increase over the $335,950 median sales price … Continue reading

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September median sales price and other market metrics

Just as was observed last month, the median sales price for homes sold in Reno and Sparks, Nevada pulled back sharply for the month. September’s median sales price came in at $335,000 — representing a 3.7 percent decrease from the … Continue reading

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August median sales price and other market metrics

The median sales price for homes sold in Reno and Sparks, Nevada pulled back sharply in August — reversing the upward trend that has been observed all year. August’s median sales price came in at $349,000 — a 2.4% decrease … Continue reading

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