Reno Sparks Residential Market Update
In March, prices changed little as unit sales again rose. Months’ supply of inventory decreased in every category except over $1 million, which jumped from
In March, prices changed little as unit sales again rose. Months’ supply of inventory decreased in every category except over $1 million, which jumped from
In February, prices were down again in every range, while unit sales increased from January and year-over-year. In comparing this month’s chart with last month’s,
Welcome to my newly simplified monthly sales report by price band. I hope you find this format more useful. Since prices have come down so
Sales in November 2008 were up 16% from the year prior. The under $300K saw its average price drop to a new low of $184,241.
Sales in September 2008 were up 2% from the year prior. The under $300K range gained some ground as inventory dropped to 9 months’ supply,
Sales in June 2008 were actually up 2% from the year prior. Activity in the under $300K range improved again as it worked its way