Reno Real Estate Today

Where did the listings go? 13% less listings in one month.

There was a 13% decrease in available inventory of homes when comparing December to January. This was the fifth consecutive month of decreases in inventory, which is consistent with the typical trend during the winter months. In January, Reno/Sparks area REALTORS sold 358 single family homes, which was 31.5% fewer homes sold than in December. The number of sales this January is also 7% less than January of last year. The median sold price in Reno/Sparks increased slightly to $303,750. Our median price has been hovering at $310,000 since August, and dropped to just under $300,000 in December. Year over year, the median price remains up less than one percent. When comparing to January 2015, me

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Dickson Realty

"Real Estate will be one of biggest investments of your life. Not just on your bank account, but in your soul. Owning a home has the profound ability to fill your heart with pride, love, and joy."                                     Amanda Gunter                                       

 

Do Not Underestimate the Importance of the RIGHT Realtor®. . .