FCT’s Market Condition Report – November 2014

Our friends at First Centennial Title have released their Market Condition Report for the Reno, Nevada area for the month of November. (Click on the report below to enlarge.)

from the report:

The Ratio of Supply to Demand measures the number of units of supply relative to the number of closings per month (demand). All other things being equal, the smaller this number, the tighter the area market. Green formatting signals relatively tight markets in the area segment. Red formatting signals relatively loose markets.

Reno and Sparks, Nevada are each green.

related post: FCT’s Market Condition Report – September 2014