Tag Archives: truckee meadows

Have questions/concerns regarding flooding in the Truckee Meadows?

Did you know that 4,400 Truckee Meadows parcels lie in the floodplain? That’s equivalent to 100,000 acres. I’m often asked about flooding in the Reno and Sparks area — Does it flood here? Where are the floodplains? How often does … Continue reading

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

The median sales price of September’s 441 houses sold was $169,950. This number represents a 5.6 percent fall from August’s median sold price of $180,000. The number of houses sold in September, 446, was nearly the same as the 447 … Continue reading

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Market Condition Report – August 2010

Below is August’s Market Condition Report produced and distributed by our friends at First Centennial Title Company of Nevada. From this month’s report… OVERVIEW: The market is slowing. Market speed is down. Absorption Rate is up and prices are weakening. … Continue reading

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

The number of houses sold in August rose 6.1 percent from July’s units sold.  The median sales price of August’s 436 houses sold was $179,950, and remained practically unchanged from July’s $180,000 median, as well as August 2009’s $179,900. However, … Continue reading

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Market Condition Report – July 2010

Below find First Centennial Title’s Market Condition Report for the month of July. MARKET OVERVIEW: No significant change in market key measures from last month. The market is showing very slight signs of weakening from the perspective of the seller … Continue reading

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

The number of houses sold in July fell 32 percent from June’s units sold.  Seasonality factors and the end of the First-time Homebuyers Tax Credit contributed to the huge drop in sales. On the flipside the median sales price jumped … Continue reading

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Market Condition Report – June 2010

Below find First Centennial Title’s Market Condition Report for the month of June.  With phrases like: “No significant change…”; “Little change…”; “A slight increase…”; “Holding constant…”; “No significant movement…” used to describe June’s key metrics, I wonder is this telling … Continue reading

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

Whew!  The title companies must have been working overtime in June.  559 homes were sold for the month.  We haven’t seen a number that high since last October (the month preceding the *first* deadline for the First-time Home Buyers Tax … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , , , | 33 Comments