Category Archives: Market Trends

Incline Village / Crystal Bay market report – October 2020

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

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?

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?

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

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

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

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

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July median sales price and other market metrics

Despite the pandemic Reno-Sparks home sales surge in July; Median sales price hits an all-time new high July’s median sold home price for Reno-Sparks rocketed to $435,000! Not only was this a whopping 7.4 percent increase over June’s median sales … Continue reading

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