Let’s take a look at March’s median sales price data for markets across Northern Nevada.
The table below shows March’s median home sales prices; month-over-month percent change in price; year-over-year percent change price; and number of homes sold. [Note: Click on the column headers to sort by that column.]
Though some markets’ March median sales prices were off from February’s, all markets saw substantial year-over-year gains. Incline Village, NV exhibited the greatest year-over-year increase — coming in with a staggering 122.6 percent gain (See Incline Village / Crystal Bay Market Report – March 2021 for a closer look).
However, keep in mind that the Coronavirus Pandemic initially hit the real estate markets hard in March and April of last year.
If there is an area in Northern Nevada that I have not covered above that you would like to see included, please let me know and I’ll add it.
And, as always, I welcome your comments below.
Related: From the Reno Gazette-Journal: Reno median home price blows past its previous $500,000 record with another new high
The residential sales data in the table above includes Site/Stick Built properties only. Data excludes Condo/Townhouse, Manufactured/Modular and Shared Ownership properties. Data courtesy of the Northern Nevada Regional MLS, and Incline Board of REALTORS®, April 11, 2021. Note: This information is deemed reliable, but not guaranteed.