RSAR Monthly Market Reports – August 2012

August 2012’s market report, provided by our friends at the Reno/Sparks Association of REALTORS®, has been released.

Commentary from August’s Reno/Sparks Market Report…

“If the volume of sales continues, despite tight inventory, 2012 should measure up to be a banner year for sales,” said Kevin Sigstad, 2012 president of the Reno/Sparks Association of REALTORS and the broker with Re/Max Premier Properties. “Current year-to-date sales are at record levels and August had the third highest reported sales transactions for an August in history.”
August 2012 median sales price was up 6% to $175,000 compared to $165,000 in July 2012 and up 13.6% from the August 2011.

Check out the complete report here: Greater Reno/Sparks Market Report – August 2012

Related post: RSAR Monthly Market Reports – June 2012