Category Archives: Market Trends

How low is the housing inventory in Reno, NV?

If you didn’t catch my recent interview on KTVN Channel 2 News this week, you can watch it here: One Hot Sellers Market: Local Home Sales Break New Records The segment centered around the record low available inventory in the … Continue reading

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Northern Nevada regional median home prices – January 2021

Let’s take a look at January’s median sales price data for markets across Northern Nevada. The table below shows January’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 … Continue reading

Posted in Agent Insights, Carson City, Fernley, Incline Village, Market Trends, Reno, Sparks | Tagged , , , , , , , | Leave a comment

Incline Village / Crystal Bay Market Report – January 2021

January median home sold price hits $2M! January sales down more than half. Single-family homes January home sales pulled back sharply from December’s end-of-year home sale rally. 17 SFRs sold in January. That number was down 55.3 percent from December’s … Continue reading

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January 2021 Market Report for Reno and Sparks, Nevada

Sales plummet to lowest levels in two years! Available inventory at lowest level ever! January’s median sold home price for Reno-Sparks came in at $446,702. That number is down 0.7 percent from December’s median sales price of $449,900. Year-over-year, January’s … Continue reading

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Reno-Sparks Luxury Home Sales Outperform in 2020

Luxury home sales in the Reno-Sparks market outperformed the rest of housing market in 2020. Entry price point to luxury segment surpasses $1M for the first time. Reno-Sparks luxury homes sales saw another banner year in 2020. …Not quite as … Continue reading

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Northern Nevada regional median home prices – December 2020

Earlier this week the Reno Gazette-Journal reported that “The median sales price for an existing single-family home in the city of Reno — not including Sparks — was a record $500,000 in December”. See The median price for an existing … Continue reading

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Incline Village / Crystal Bay Market Report – December 2020

Home sales remain very strong; Sales up 138% Y-o-Y! Single-family homes Home sales ended 2020 on a high note. December saw 38 homes sold for the month. That number is up 15 percent over November’s sales, and is up a … Continue reading

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December 2020 Market Report for Reno and Sparks, Nevada

Ed. Note: Data updated January 6, 2021 December home sales set a December record; December’s median sold PPSF surpasses $250/sq.ft. and sets an all-time high; Available inventory drastically low — down 72% Y-o-Y! December’s median sold home price for Reno-Sparks … Continue reading

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