Tag Archives: MLS

MLS updates “Special Conditions of Sale” descriptors

Our local MLS, the Northern Nevada Regional MLS, is changing the descriptors that can be specified in a listing’s “Special Conditions of Sale” field.  As background info, the current values include: None Bank Owned Short Sale Yes-Other and the less … Continue reading

Posted in Foreclosures, Real Estate Industry | Tagged , | 1 Comment

What are the top selling MLS areas in the Reno-Sparks market?

During this morning’s sales meeting, our broker distributed a list of the top-selling (by units) MLS areas.  The numbers below represent year-to-date totals…from an area-wide total of 3,682 units sold since January 1, 2010. Not surprisingly, Stead, where the YTD … Continue reading

Posted in Neighborhoods | Tagged , , | 9 Comments

Downtown Reno area added to IDX property search functionality

Last year a new MLS area was created (Area 116 – “Reno-Downtown Core”) by the RSAR – see Reno MLS area changes. Unfortunately, this new area was never added to the search choices provided by the IDX service employed by … Continue reading

Posted in Downtown Reno, Neighborhoods, Properties | Tagged , | 7 Comments

Reno Sparks Real Estate Market Update

Sales in October 2008 were up 26% from the year prior. The under $300K range continued to perform, again dipping below the $200K average price point for the second time this year to $193,644. Activity in the $300K-500K category dropped off … Continue reading

Posted in General, Market Trends, Market Trends, Reno, Sparks | Tagged , , , , , , , , , | 12 Comments

Vacancy Rates by MLS Area

Just as we saw with last quarter’s numbers vacancy rates again increased across the board.  However, a reshuffling of the ranking has occurred.  Somersett has once again regained the top spot as having the highest proportion of vacant listings.  And … Continue reading

Posted in General, Market Trends | Tagged , , | 36 Comments