Tag Archives: Sparks housing market

February median sales price and other market metrics

[Ed. Note — I typically post my monthly market report about one week into each new month, however a major milestone was reached in February, so I wanted to share the breaking news as soon as possible.] Well, it’s finally … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , , , , , , , , , , | 3 Comments

RSAR Monthly Market Report for Reno-Sparks, Nevada – January 2018

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for Reno-Sparks the month of January 2018. From January’s report… The January median price at $360,000 is up 4% from December 2017 and up 19% from a year ago. … Continue reading

Posted in Market Trends | Tagged , , , , , , , , , , , | 1 Comment

January median sales price and other market metrics

January’s median sales price jumped ahead of December’s to begin the year at $360,000. January’s median sales price for homes sold in Reno and Sparks, Nevada surged 4.3 percent over December’s median of $345,000. Year-over-year, January’s median is up a … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , , , , , , , , , , | 2 Comments

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

Posted in Agent Insights, Market Trends | Tagged , , , , , , , , , | 3 Comments

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

Posted in Market Trends | Tagged , , , , , , , , , , , | 1 Comment

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

Posted in Agent Insights, Market Trends | Tagged , , , , , , , , , | 3 Comments

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

Posted in Agent Insights, Market Trends | Tagged , , , , , , , | 2 Comments

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

Posted in Agent Insights, Market Trends | Tagged , , , , , , , | 12 Comments