Tag Archives: inventory

Supply, Demand and Affordability

The Sierra Sun ran an interesting piece on current housing affordability (or lack thereof) in the Northern Nevada market — See Northern NV real estate: Home affordability slipping in Reno-Sparks The piece reported some very interesting numbers regarding supply and … Continue reading

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December median sales price, units sold, DOM and inventory

December’s median sales price pulled back ever so slightly from November’s. December’s median sales price was $289,500 — or off a mere 0.17 percent from November’s median of $290,000. Year-over-year December’s median represents a 10.5 percent increase from December 2014’s … Continue reading

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November median sales price, units sold, DOM and inventory

Wow! November saw a 4.3 percent increase in the median sold home price! November’s median sales price was $292,000 — a more than $12,000 increase over October’s median sales price of $279,950. November’s median of $292,000 represents a new high … Continue reading

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September median sales price, units sold, DOM and inventory

The median sales price for the Reno and Sparks, Nevada housing market pulled back in September. September’s median sales price came in at $285,000 — a 1.7 percent decline from August’s median of $289,900. Despite the pull-back September’s median is … Continue reading

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June median sales price, units sold, DOM and inventory

The skyrocketing median sales price finally took a breather in June. The Reno-Sparks median home price dropped to $279,500 for June — a 1.9 percent drop from May’s $285,000 median sales price. That being said the current median home price … Continue reading

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May median sales price, units sold, DOM and inventory

May’s median home sales price for the Reno-Sparks real estate market jumped 4.7 percent for the month to come in at $284,900. $284,900 is an 18.7 percent year-over-year increase over May of last year. The last time our market saw … Continue reading

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RSAR Monthly Market Report – March 2015

The Reno/Sparks Association of REALTORS® has released its Sparks and Reno real estate market report for March 2015. Click on the report below to access the entire report. From March’s report… “Mortgage rates are still sitting near historical lows, with … Continue reading

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FCT’s Market Condition Report – December 2014

Our friends at First Centennial Title have released their Market Condition Report for the Reno, Nevada area for the month of December. (Click on the report below to enlarge.) The Ratio of Supply to Demand measures the number of units … Continue reading

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