Washoe County insured recordings statistics – January 2014

Below please find Washoe County, Nevada Resale, New Home sale, and Refinance insured recordings statistics for January 2014 from our friends at Ticor Title of Nevada, Inc. [Click on the chart below to enlarge.]

Ticor Title’s commentary accompanying the statistics…

For January 2014, Total New MLS listings increased significantly; Non Conditioned Sales are down; Short Sale sold transactions decreased and REO Solds increased slightly. Median Sales Price went from $230,000 in December dropping to $222,000 in January. In Ticor’s chart attached, there was a significant drop in overall closed resale transactions and a consistent decrease in refinance activity. New Home sales are relatively the same month over month. Builders are still being cautious and not overbuilding. In January, cash sales took up 36% of our market, down 2% from last month.

related post: Washoe County insured recordings statistics – December 2013