Category Archives: Market Trends

February median sales price and other market metrics

Whoa! February’s median sales price jumped an astounding 5.9 percent over January’s median to establish a new post-bubble high. February’s median sales price clocked in at $320,000 — surpassing the previous post-bubble high of $318,000 set in July last year. … Continue reading

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January median sales price and other market metrics

January’s median sales price jumped up to $303,750 for the month — an increase of 1.3 percent over December’s median of $300,000. Year-over-year, January’s median sales price is up 8.9 percent over January 2016’s median of $279,000. January’s median sold … Continue reading

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RSAR Monthly Market Report – December 2016

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for the month of December 2016. From December’s report… “With the recent slowdown in sales and the leveling in median price, many are asking, “Are we looking at another … Continue reading

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FCT’s Market Condition Report – December 2016

Our friends at First Centennial Title Co. of Nevada have released their Market Condition Report for the northern Nevada area for the month of December. (Click on the report below to enlarge.) The ratio of housing supply to demand fell … Continue reading

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Nevada ranks 4th as a top moving destination

Nevada ranks 4th in the U.S. as a “Top Moving Destination” on the United Van Lines’ 40th Annual National Movers Study. According to the interactive map above, the stated reasons for moving to Nevada provided by survey respondents were… 40% … Continue reading

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December median sales price and other market metrics

After holding steady at $310,000 for four consecutive months, the median sales price for homes sold in Reno and Sparks, Nevada fell sharply in December to $299,950. December’s median sales price represents a 3.2 percent drop from November’s. Year-over-year, December’s … Continue reading

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Reno-Sparks Home Sales – 2016 Year In Review

2016 proved to be a great year for the Reno and Sparks, Nevada housing market. Nearly every housing metric was positive compared to the year prior. Let’s look at a few… Median Sales Price Though the area saw home prices … Continue reading

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Washoe County Home Sales By Zip Code

Let’s take a look at Washoe County, Nevada residential sales in 2016 broken out by zip code. The table below shows home sale data (median sales price and units sold) for 20 zip codes in Washoe County for 2016 and … Continue reading

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