Tag Archives: Sparks housing market

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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October median sales price and other market metrics

October’s median sales price for homes sold in Reno and Sparks, Nevada regained the losses observed the previous two months. October’s median sales price came in at $350,000 — representing a 4.2 percent increase over the $335,950 median sales price … Continue reading

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RSAR Monthly Market Report – September 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for the month of September 2017. From September’s report… The September median price at $335,000 is down 4% from August and up 8% from a year ago. September unit … Continue reading

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