The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for the month of February 2016. As expected, the RSAR’s numbers are consistent with the market data I reported last week for February.
From the RSAR report:
“Overall, the market is showing signs of stability, however, affordability is top-of-mind for the median household income,” said William Process, 2016 RSAR president. “Sellers are seeing the sales price of their home creep up closer to list price. Homeowners looking to sell and move to a new place are in a great position. In most price bands, it’s a seller’s market.”
- February unit sales at 351 are down 10% from January 2015 and down 12% compared to February 2015.
- The median price at $290,000 was up 4% from January and up 9% from February 2015.
Click on the chart below to access February’s Market Report…
Source: Reno/Sparks Association of REALTORS®
Related post: RSAR Monthly Market Report – December 2015
