2013 saw 7,241 residential sales across the Reno Sparks market1. And though this number was down slightly (1 percent) from the number of residential sales in 2012 (7,322 units sold), it was still respectable given 2013’s low inventory levels with which the market has had to contend all year.
Our region’s MLS defines over 40 MLS areas within Reno-Sparks. [See Reno-Sparks MLS Area Map]. How were 2013’s sales distributed across these MLS areas? Quite varied. Obviously many factors contribute to the number of sales for a particular area. The area’s size, location, population, density, and median sales price are a few that come to mind off the top of my head.
But looking simply at units sold, these are the top selling MLS areas in Reno and Sparks, Nevada in 2013 ranked by the number of sales in each.
|Rank||MLS Area||2013 Sales|
Reno’s South Meadows area (MLS Area 143 on the map) takes the top spot with 585 residential sales. That number represents a bit more than 8 percent of all sales in the Reno-Sparks market.
1Total residential sales across all property types, including: site/stick built; condo/townhouse; manufactured/modular; shared ownership. Data courtesy of the Northern Nevada Regional MLS – January 2014. Note: This information is deemed reliable, but not guaranteed.