Tag Archives: inventory

March median sales price, units sold, DOM and inventory

March’s median sales price pulled back from the nearly 7-percent jump that we saw in February. March’s median dropped to $227,000, and represented a 3.4 percent one-month decrease from February’s median of $235,000. Year-over-year, March’s median sales price is up … Continue reading

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February median sales price, units sold, DOM and inventory

Wow! February’s median sales price jumped to $235,000, and represented a 6.8 percent one-month increase from January’s median of $220,000. Year-over-year, February’s median sales price is up 23.6 percent. Also, interesting to note, Reno-Sparks median home sales price is now … Continue reading

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December median sales price, units sold, DOM and inventory

December finished 2013 by turning in the highest median sales price for the year. December’s median of $230,000 represented a 2.3 percent increase over November’s median, and a 23.3 percent increase over December 2012. 477 houses sold in December 2013. … Continue reading

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November median sales price, units sold, DOM and inventory

The number of houses sold in November dropped considerably. November’s 454 sales were down 15.5 percent month-over-month, and off 13.5 percent year-over-year. The median sales price in November did not follow the same decline however. November’s median sales price jumped … Continue reading

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September median sales price, units sold, DOM and inventory

The seasonal slow down is upon us. 497 houses sold in September, and this is the first month since April that the number of houses sold was below 500 units. September’s 497 houses sold is a 21% reduction from the … Continue reading

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July median sales price, units sold, DOM and inventory

Well, the big news regarding July’s numbers is that the median sold price has fallen for the first time since January. July’s median sold price was $216,000 — representing a 3.4 percent decrease in home prices from June’s median of … Continue reading

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June median sales price, units sold, DOM and inventory

Up, up, up! Median sales price; median price per square foot; market velocity, new listings — all metrics are up for the month of June — excluding units sold. Let’s take a look at the numbers… The median sales price … Continue reading

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Additional inventory in the pipeline

Frequent readers of this blog are keenly aware of the current lack of for-sale housing inventory in the Reno-Sparks market. The most-recent numbers I posted indicated that our market has only an approximate five-week supply of available for-sale houses. However, … Continue reading

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