Tag Archives: Reno housing market

2017 Reno Housing Market Recap

If I had to use one word to describe the 2017 housing market for Reno and Sparks, Nev. it would be “record-breaking”. Many of the housing metrics we cover saw records in 2017 – both high and low. Let’s take … Continue reading

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RSAR Monthly Market Report for Reno-Sparks, Nevada – December 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for Reno-Sparks the month of December 2017. From December’s report… The December median price at $345,000 is down 2% from November and up 15% from a year ago. December … Continue reading

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December median sales price and other market metrics

December’s median sales price pulled back from November’s to end the year at $345,000. December’s median sales price for homes sold in Reno and Sparks, Nevada fell 2.7 percent from November’s median of $353,000. Year-over-year however, December’s median is up … Continue reading

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Want to Buy a House in Reno-Sparks Built in the Last Ten Years? You’ll Need Half a Million

I recently posted an analysis of the extremely tight housing inventory that Reno, Nevada and Sparks, Nevada is facing. See: Reno, Nevada’s Housing Shortage — How Bad Is It? As an eleven-year local REALTOR® serving the Reno-Sparks area, the numbers … Continue reading

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Reno, Nevada’s Housing Shortage — How Bad Is It?

Each month the Reno-Sparks Association of REALTORS® releases its Housing Market Report for the greater Reno/Sparks area. And each month it’s reported that “The Reno market is a seller’s market, at [insert very low number here] months supply of inventory.” … Continue reading

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RSAR Monthly Market Report for Reno-Sparks, Nev. – November 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for Reno-Sparks the month of November 2017. From November’s report… The November median price at $355,000 is up 3% from October and up 15% from a year ago. November … Continue reading

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November median sales price and other market metrics

November’s median sales price continued to climb tying the year’s high of $355,000 set in July earlier this year. November’s median sales price for homes sold in Reno and Sparks, Nevada increased 2.7 percent over October’s median of $345,500; and … Continue reading

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RSAR Monthly Market Report – October 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for the month of October 2017. From October’s report… The October median price at $348,500 is up 4% from September and up 12% from a year ago. October unit … Continue reading

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