Category Archives: Sparks

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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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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November 2020 Market Report for Reno and Sparks, Nevada

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

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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