The Reno Sparks Association of REALTORS® has published their year-end market reports for the Reno-Sparks and Fernley housing markets.
Click here for the Reno Year End 2009 Market Report.
Click here for the Fernley Year End 2009 Market Report.
Some points from the Reno report:
- Reno’s median price for year end 2009 was $185,000 down 26% from 2008.
- For the seven month period May 2009 – December 2009, prices have remained stable.
- The median home price is in line with the median household income in recent months for the first time since 2002.