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Guy Johnson on How low is the housing inventory in Reno, NV?: “Thank you for your question, Catherine. And thank you for reading the blog. 🙂 There are several reasons for the…” Feb 20, 12:01
on January 2021 Market Report for Reno and Sparks, Nevada: “With the record low inventory, will median pricing be 20% higher ($540k-ish) by July? The bidding wars must be crazy!…” Feb 10, 06:34
Tag Archives: median days on market
Median escrow period increases by three weeks — Days to contract now less than a week
Last week I read a story from HousingWire that discussed the impact that the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule (TRID) is having on the time to close a mortgage loan — namely that the length of time … Continue reading
Posted in Agent Insights, Market Trends
Tagged Days to Contract, DOM, escrow, length of escrow, median days on market, TRID
3 Comments
November median sales price, units sold, DOM and inventory
Wow! November saw a 4.3 percent increase in the median sold home price! November’s median sales price was $292,000 — a more than $12,000 increase over October’s median sales price of $279,950. November’s median of $292,000 represents a new high … Continue reading
September median sales price, units sold, DOM and inventory
The median sales price for the Reno and Sparks, Nevada housing market pulled back in September. September’s median sales price came in at $285,000 — a 1.7 percent decline from August’s median of $289,900. Despite the pull-back September’s median is … Continue reading
June median sales price, units sold, DOM and inventory
The skyrocketing median sales price finally took a breather in June. The Reno-Sparks median home price dropped to $279,500 for June — a 1.9 percent drop from May’s $285,000 median sales price. That being said the current median home price … Continue reading
October median sales price, units sold, DOM and inventory
October saw a huge jump in the median sales price for the Reno and Sparks, Nevada housing market. October’s median sales price was $260,000; representing an 8.8 percent one-month increase over September’s median sales price of $239,000. $260,000 also represents … Continue reading
September median sales price, units sold, DOM and inventory
September’s median sales price took a big drop. For the prior three months (June, July and August) the Reno-Sparks’ median home sales price had held steady at $250,000, however for September the median sales price fell to $239,000 — equivalent … Continue reading
Posted in Agent Insights, Market Trends
Tagged inventory, median days on market, median home price, median sales price
3 Comments
August median sales price, units sold, DOM and inventory
For the third consecutive month the median sales price has held at $250,000. August’s $250,000 median sales price remains the high for the year — as well as the highest median for the Reno-Sparks’ housing market in over five years. … Continue reading
April median sales price, units sold, DOM and inventory
April’s median sales price increased to $230,000 — a 0.9 percent rise over March’s $227,999 median. Year-over-year, April’s median sales price is up 12.2 percent. The Spring home buying season is upon us and sales continue to climb. 514 houses … Continue reading
Posted in Agent Insights, Market Trends
Tagged inventory, median days on market, median home price, Nevada, Reno, Sparks
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