Category Archives: Sparks

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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The Great San Francisco Exodus

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?

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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June median sales price and other market metrics

Reno-Sparks home sales post big gains; Median sales price up! June’s median sold home price for Reno-Sparks climbed to $407,000 — a 1.8 percent increase from May’s median sales price. Year-over-year, June’s median closed sales price is also up 1.8 … Continue reading

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May median sales price and other market metrics

Reno-Sparks median sales price drops — Pending sales up substantially May’s median sold home price for Reno-Sparks fell to $399,900 — a 3.8 percent decrease from April’s record-setting high. Year-over-year, May’s median closed sales price is up 2.5 percent. May’s … Continue reading

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