Category Archives: Agent Insights

Incline Village / Crystal Bay market report – October 2020

Posted on November 8, 2020 by Guy Johnson

No slowdown in buyer activity; Sales up 155% year-over-year Single-family homes Buyer demand remains unseasonably strong for homes in Incline Village and Crystal Bay. 51 homes sold during the month of October — unchanged from the number of homes sold … Continue reading →

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October Market Report for Reno and Sparks, Nevada

Posted on November 1, 2020 by Guy Johnson

October’s median sales price hit another record high — the fifth this year! Available inventory drastically low — down 65% Y-o-Y! October’s median sold home price for Reno-Sparks rose to $459,000 — setting another all-time high and shattering the previous … Continue reading →

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What will Reno, NV homes be worth in 10 years?

Posted on October 27, 2020 by Guy Johnson

Referencing data from a new study from Renofi, REALTOR® Magazine reports that, “in Nevada, home prices have more than doubled since 2010, surging nearly 106%.” See What Will Homes Be Worth in 10 Years? In their study, Renofi analyzed the … Continue reading →

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What happened on September 21, 2020?

Posted on October 18, 2020 by Guy Johnson

At the start of 2020 most housing market forecasts were all about 2020 home sales exceeding those of 2019 — itself a very good year for the housing market. A few examples: “A strong job market and low mortgage rates … Continue reading →

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September Market Report for Reno and Sparks, Nevada

Posted on October 4, 2020 by Guy Johnson

Reno-Sparks’ home prices pull back slightly in September; Homes sold set a record high! September’s median sold home price for Reno-Sparks fell to $440,000 — a 1.1 percent pullback from August’s record setting $444,900 median sold price. Year-over-year, September’s median … Continue reading →

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August Market Report for Reno and Sparks, Nevada

Posted on September 3, 2020 by Guy Johnson

Reno-Sparks’ home prices continue to surge; September’s median sales price hits another all-time new high; Inventory continues to dwindle August’s median sold home price for Reno-Sparks climbed to $444,900. August’s median sales price represents a 2.4 percent increase over July’s … Continue reading →

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The Great San Francisco Exodus

Posted on August 28, 2020 by Guy Johnson

Have you heard of the 2020 San Francisco Exodus? Here are some recent news pieces related to the phenomenon: from SFGate: The 2020 San Francisco exodus is real, and historic, report shows from GeekWire: Zillow report fuels talk of ‘mass … Continue reading →

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Just how big was July’s median home price increase?

Posted on August 24, 2020 by Guy Johnson

In this blog post I take a closer look at the magnitude of July’s increase in the median sales price for homes in the Reno-Sparks housing market. By now most readers of this blog are aware of the huge jump … Continue reading →

Posted in Agent Insights, Carson City, Fernley, Incline Village, Market Trends, Reno, Sparks | Tagged , , , , , , | 2 Comments