Washoe County insured recordings statistics – March 2014

Below please find Washoe County, Nevada Resale, New Home sale, and Refinance insured recordings statistics for March 2014 from our friends at Ticor Title of Nevada, Inc. [Click on the chart below to enlarge.]

Ticor Title’s commentary accompanying the statistics…

For March 2014, Total New MLS listings increased. Non Conditioned Sales increased bit. REO and Short Sale New Listings decreased. Short Sale and REO Sold transactions increased slightly. Median Sales Price is at around $228,000. In Ticor’s chart attached, there was a healthy increase in overall real estate transactions and refinance activity. New Home sales are relatively the same month over month. Builders are still being cautious, not overbuilding, and are acquiring land again. There will be quality and unique developments coming onto the market, but the builders do need to be cautious and not overprice themselves out of the market. Don’t forget our area is still in recovery.

related post: Washoe County insured recordings statistics – February 2014