Category Archives: Reno

Northern Nevada regional median home prices – December 2020

Posted on January 15, 2021 by Guy Johnson

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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December 2020 Market Report for Reno and Sparks, Nevada

Posted on January 3, 2021 by Guy Johnson

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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November 2020 Market Report for Reno and Sparks, Nevada

Posted on December 2, 2020 by Guy Johnson

November home sales set a record high for the month of November. November’s median sales price unchanged from October’s record high. Available inventory drastically low — down 71% Y-o-Y! November’s median sold home price for Reno-Sparks held steady at $455,000 … 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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