Tag Archives: sparks inventory

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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FCT’s Market Condition Report – March 2017

Our friends at First Centennial Title Co. of Nevada have released their Market Condition Report for the northern Nevada area for the month of March. (Click on the report below to enlarge.) The ratio of housing supply to demand continues … Continue reading

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FCT’s Market Condition Report – December 2016

Our friends at First Centennial Title Co. of Nevada have released their Market Condition Report for the northern Nevada area for the month of December. (Click on the report below to enlarge.) The ratio of housing supply to demand fell … Continue reading

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FCT’s Market Condition Report – November 2016

Our friends at First Centennial Title Co. of Nevada have released their Market Condition Report for the northern Nevada area for the month of November. (Click on the report below to enlarge.) The ratio of housing supply to demand remained … Continue reading

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FCT’s Market Condition Report – October 2016

Our friends at First Centennial Title Co. of Nevada have released their Market Condition Report for the northern Nevada area for the month of October. (Click on the report below to enlarge.) Reno’s on-market housing supply is gradually increasing. Compare … Continue reading

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January median sales price, units sold, DOM and inventory

January’s median sales price pulled back substantially from December’s. January’s median sales price was $277,250 — or a 4.4 percent one-month decrease from December’s median of $290,000. Despite the large drop in January’s median sales price, year-over-year January’s median represents … Continue reading

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