Washoe County insured recordings statistics – August 2013

Below please find the Resale, New Home, and Refinance Market Statistics for August 2013 from our friends at Ticor Title of Nevada, Inc. [Click on the chart below to enlarge.]

Ticor Title’s commentary accompanying the statistics…

Inventory in Nevada is still an issue. Buyers don’t have as much buying power because of increased interest rates. August Median Sales Price was up 2.3% to $220,000 compared to $215,000 in July 2013 and up 25.4% compared to $175,500 in August 2012. Total Sales, New Listings, and Net Actives were up slightly in August compared to July. REO and Short Sale New Listings are still on the decline. We are starting to eat through our short sale pending’s.

related post: Washoe County insured recordings statistics – April 2013