Below please find Washoe County, Nevada resale, new home sale, and refinance insured recordings statistics for April 2014 provided by our friends at Ticor Title of Nevada, Inc. [Click on the chart below to enlarge.]
Ticor Title’s commentary accompanying the statistics…
For April 2014, Total New MLS listing increased. Non Conditioned Sales increased slightly. Short Sale New Listings decreased again and REO’s increased by 4 more properties. Short Sale sold transactions increased and REO sold transactions decreased. Median Sales Price went up to $230,000. In Ticor’s chart attached, there was another healthy increase in overall real estate transactions and refinance activity. New Home sales are relatively the same month over month. Builders are still being cautious, not overbuilding, and are acquiring land again. There will be quality and unique developments coming onto the market, but the builders do need to be cautious and not overprice themselves out of the market. Don’t forget our area is still in recovery.
related post: Washoe County insured recordings statistics – March 2014