Tag Archives: price banding

Where’s the existing inventory? …not below $400,000

Frequent readers of this blog are aware of the inventory shortage that our local market is experiencing. For months now my monthly market reports have stated that the months-supply-of-inventory (MSI) stands at less than 2 months-supply — characterizing this market … Continue reading

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November median sold price, units, DOM, $/sq.ft.

I usually wait until we’re at least a week into a new month before I post the median numbers for the prior month, but with a few readers commenting that this blog’s activity has been waning of late, I decided … Continue reading

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January median sold price, units, DOM, and $/sq.ft.

January’s numbers dropped significantly compare to December’s.  350 houses were sold in January – down a considerable 26 percent from December’s robust 476 units sold, however on par with January 2010’s 346 houses sold. But the big story this month … Continue reading

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Still a Buyer’s market in Reno/Carson areas

[Note: the following is the year-end press release on the Reno, Sparks and Carson City real estate markets by my broker, Chase International.] For Immediate Release STILL A BUYER’S MARKET IN RENO/CARSON AREAS Year-End Home Sales Slow After Tax Credit … Continue reading

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November median sold price, units, DOM, and $/sq.ft.

November unit sales, 384, fell nearly 8 percent from October’s 416 sales.  The median sales price of November’s houses sold was $169,950. This number represents a 2.9 percent decrease from October’s median sold price of $174,950. For the fourth month … Continue reading

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Price-banding charts – YTD

Below please find the price banding charts released by my broker, Chase International.  Included in the charts below are year-to-date sales by price band for the following markets:  Reno, Sparks, Carson Valley, Incline Village, Tahoe City, East Shore, South Lake … Continue reading

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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

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March Price Banding

In yesterday’s Medians post I forgot to include the price banding breakout for the month.  Here is the break out for March sales of site/stick built homes:   %  sold for less than…  6%  $100,000 25% $150,000 49% $200,000  71%  $250,000  83% … Continue reading

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