FCT’s Market Condition Report – August 2014

Our friends at First Centennial Title have released their Market Condition Report for the Reno, Nevada area for the month of August. (Click on the report below to enlarge.)

The current “percent selling” (a.k.a. market efficiency) in our local market is a whopping 80%. Compare this number to May 2008 when the market’s closing probability bottomed at 23%

related post: FCT’s Market Condition Report – July 2014