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Latest RRB Posts
Category Archives: Market Trends
August median sold price, units, DOM, and $/sq.ft.
The number of houses sold in August rose 6.1 percent from July’s units sold. The median sales price of August’s 436 houses sold was $179,950, and remained practically unchanged from July’s $180,000 median, as well as August 2009’s $179,900. However, … Continue reading
Posted in Agent Insights, Market Trends
Tagged bank owned, days on market, DOM, median price, price per square foot, Reno, Sparks, truckee meadows, units sold, washoe valley
36 Comments
Fifth-year anniversary of the peak
I was reminded recently that this month marks the fifth anniversary of the height of the Reno-Sparks housing market. Five years ago the median sold price for houses in Reno-Sparks peaked at $360,500 (August, 2005). Today’s median sold price of … Continue reading
Market Condition Report – July 2010
Below find First Centennial Title’s Market Condition Report for the month of July. MARKET OVERVIEW: No significant change in market key measures from last month. The market is showing very slight signs of weakening from the perspective of the seller … Continue reading
Posted in Market Trends
Tagged "market condition report", first centennial title, Reno, Sparks, truckee meadows, Washoe County
4 Comments
July median sold price, units, DOM, and $/sq.ft.
The number of houses sold in July fell 32 percent from June’s units sold. Seasonality factors and the end of the First-time Homebuyers Tax Credit contributed to the huge drop in sales. On the flipside the median sales price jumped … Continue reading
Posted in Agent Insights, Market Trends
Tagged bank owned, days on market, DOM, median price, price per square foot, Reno, Sparks, truckee meadows, units sold, washoe valley
80 Comments
Washoe County recordings – June 2010 – sales skyrocket
Washoe County resales skyrocketed in June breaking the 800 unit mark for the first time. June’s 819 recorded resales was a 26% increase over May’s 648 resales. No doubt the First-time Homebuyers Tax Credit was a major driver behind this … Continue reading
Posted in Market Trends
Tagged insured recordings, new home sales, re-fi, re-sales, refi, resales, ticor, Washoe County
20 Comments
Market Condition Report – June 2010
Below find First Centennial Title’s Market Condition Report for the month of June. With phrases like: “No significant change…”; “Little change…”; “A slight increase…”; “Holding constant…”; “No significant movement…” used to describe June’s key metrics, I wonder is this telling … Continue reading
Posted in Market Trends
Tagged "market condition report", first centennial title, Reno, Sparks, truckee meadows, Washoe County
60 Comments
Mid-year price banding for Reno/Tahoe markets
To compliment the mid-year market stats published by Chase International last week, please find the mid-year price banding charts below. These price banding charts are for residential sales from January 1, 2010 to June 30, 2010. The markets of Incline … Continue reading
Mid-year market stats from Chase International
Below are the mid-year statistics for the Reno/Sparks and Lake Tahoe (Incline Village, East Shore, South Shore and Tahoe City) markets, published by my broker, Chase International. From the report… Reno/Sparks 1st-half 2010 compared to 1st-half 2009 Units sold: 16% … Continue reading
