The Reno/Sparks Association of REALTORS® (RSAR) has released its Fernley Market Report for the month of October 2017.
From October’s report…
- The median price at $241,500 is up 9% from September and up 27% from October 2016.
- Fernley’s unit sales at 34 are down 28% from September and down 17% from
October 2016.- October new listings at 53 are down 12% from September and down 5% from October 2016.
- The Fernley market has 4.1 months supply of inventory, a seller’s market.
Click on the graph below to see the entire RSAR market report for October.
Related post: RSAR Monthly Market Report for Fernley, NV – September 2017
Tim
Great stuff Guy. Pls keep it coming.
Guy Johnson
Thank you, Tim. Will do.
Angela @ Elevate Real Estate
Thanks for the Fernley monthly market report, Guy!
Guy Johnson
You are welcome, Angela. Thank you for reading the Reno Realty Blog.
Guy Johnson
Here’s a great piece from the Nevada Independent: A bubble or a boom? That’s the question vexing housing experts in the Reno area
I had not heard of the “drive until you can afford” mentality
RSAR Monthly Market Report for Fernley, Nev. – November 2017 | Reno Real Estate Blog
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